Tips to Make Your Senior Care Dollars Go Further

Lifesprk / April 28, 2017
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Find Out How You Can Manage Retirement Health Care Costs A recent Harris Poll found that retirement health care costs terrify most Americans over the age of 50. The poll also found that it is important to talk about health care costs with a trusted advisor, as it gave seniors more confidence about the future. […]

Five Scams to be Aware of During Tax Season

Richard Baum / February 14, 2017
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Tax season opens up opportunities for criminals to take advantage of people. Here are five ways that you can avoid becoming a victim this tax season: 1. Phishing. You receive an email that seems to be from a legitimate sender (such as the IRS), and it demands payment for overdue taxes or requests you update […]

Tax Deductions for Estate Planning Fees

Erik Doerr / January 26, 2017
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Most people know that there is a deduction allowed for the amounts you pay to have your taxes prepared by a professional. Does that same rule apply to fees paid to an attorney to plan your estate? The answer is not as straight forward as you might think it should be. The tax law provides […]

New Digital Asset Law May Be a Double-Edged Sword

Manish Bhatia / December 22, 2016
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As an increasing amount of our information and assets is stored online or in cloud-based services, access to such content is at the forefront of succession and estate planning. While service providers encourage us to store our family pictures, music collections and stock certificates electronically, access to those items for our loved ones becomes more […]

What You Need to Know When Buying Life Insurance

The Simple Dollar / September 15, 2016
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There are two basic types of life insurance: term and permanent. The fundamental difference is right there in the name: Term life insurance is only in force during a set period or “term,” while permanent life insurance is yours for your entire life. So why doesn’t everyone just get permanent? Because it’s much more expensive […]

Eight Tips To Keep Your Small Business Safe From Fraud

Jessica Kane / September 7, 2016
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According to a report by the Association of Certified Fraud Examiners, which is the largest global anti-fraud agency, small businesses constitute 31.8 percent of all fraud-related cases reported per year. This is a significantly higher percentage than for larger businesses. The losses for a small business are also amplified due to their relative size and […]

The New Department of Labor Fiduciary Rule: What you should know

Phillip Christenson / August 11, 2016
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Are you a Fiduciary? This is the one question you should be asking whoever is offering you financial advice on any sort of investment product. So, what exactly is a Fiduciary and why is it so important? It’s simple, a Fiduciary is legally obligated to serve their client’s best interest. Most people are shocked to […]

Millennials vs. Baby-Boomers: Selling an Outdated House in Today’s Real Estate Market

Eric Hopf / August 4, 2016
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The Problem There is a great divide in the current real estate market caused by the large percentage of homes being sold by baby-boomers and older generations or their heirs. Many of these homes are outdated and unappealing to Millennials and Gen Xers, who comprise 61% of all buyers and more than 80% of first-time […]

Prince Leaves a Complex, Unplanned Estate

Manish Bhatia / May 4, 2016
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Unfortunately, too many recent newsletters have focused on the death of musical legends. This month left us with another untimely death. Prince, whose legal name was Prince Rogers Nelson, died on April 21st at his Paisley Park recording studio and home in Chanhassen, Minnesota. As unbelievable as it may seem, according to his sister, Tyka […]

Vanishing Premiums Explained

Bob Cohen / March 23, 2016
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Many insured’s are confused and angered when the premiums of their “vanishing premium” life insurance policy, either don’t vanish or reappear at a later date.  If the policy was promoted and sold on a “vanishing premium” basis they ask, then “why am I still writing checks?”  The answer is very simple though not always properly […]

Spectrum of Withdrawal Limitations

Manish Bhatia / February 26, 2016
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The phrase “control from the grave” is often used to describe withdrawal limitations on an individual’s inheritance.  These provisions direct or require a beneficiary to reach certain benchmarks before a trustee can permit a withdrawal.  While some grantors (the creator of the trust) may be motivated by control, simpler withdrawal limitations can provide significant asset […]