How a Charitable Remainder Trust Avoids Capital GainsDo you own a highly appreciated asset that produces little or no income? Are you selling your business? Are you highly compensated and looking to shelter more of your income? Put the charitable remainder trust in your list of options.
New Kid on the Block: Indexed Universal LifeDo you think whole life insurance is a poor investment? Are you skittish about variable universal life due to fluctuations in the stock market? What if there was an insurance policy with cash values linked to the equity market but that could only go up and never go down? Nirvana? Here it is...
How to Sell Your Life Insurance Policy for More Than the Cash ValueDo you need cash for medical expenses, to pay off debts or to buy that long-desired boat, cabin, car or RV? If so, you may be able to sell an insurance policy that you no longer need.
Hot New Product: Long Term Care AnnuitiesHave you made the decision not to buy long term care insurance because you feel you will never need it? Do you think it is too expensive? Do you have health problems preventing you from qualifying? Would you like long term care without a policy or premiums? Sound too good to be true? Read on...
A Fund Raising Idea That Instantly Funds Any Special ProjectAre you a member of a church that is looking for a unique fund raising idea to complete a current project? Would you like to be that 'knight on a white horse' that brings the idea to the table that sends nonprofit fund raising results soaring? Read on...
Why an Individual Disability Insurance Policy Is Better Than Group LTDAre you covered by a group long term disability insurance plan at work? How likely is the policy to pay? Learn where the holes are in your coverage and why an individual disability insurance policy is better.
The Buy-Sell Agreement: Why It Is The Simple SolutionStudies have shown that 46% of business owners do not intend to ever retire from their businesses. Amidst the sophisticated estate planning techniques for business succession planning, the simple buy-sell agreement solves a myriad of post-death problems. Here's how...
Ten Things the Average Person Does Not Know About AnnuitiesMany people buy annuities blind. Others avoid them due to a misunderstanding. Here is a simple primer on deferred annuities which will make you a smarter consumer.
When Not to Name Your Spouse the Beneficiary of Your IRAHave you blindly named your spouse as the beneficiary of your IRA? Is this your best choice? Depending on your situation and objectives, other beneficiary elections may be better. Here are three options you may not have considered.
ILIT - The Irrevocable Life Insurance TrustIf you are contemplating buying life insurance to pay estimated future estate taxes, you will probably want to use an Irrevocable Life Insurance Trust. Here's why...
Five Uses For Survivorship Life InsuranceSurvivorship life insurance can pay estate taxes, offset income taxes on inherited qualified plans, and replace assets. When putting your estate plan together, do not overlook this valuable planning tool.
SEP IRAs: A Path to More Retirement Income?Do you have your own business? Do you have a 401(k) at work and have self-employment income on the side? If so, the SEP IRA may be one alternative to building a bigger retirement nest egg.
Opportunity Cost and Your Long Term Care DecisionAre you considering long term care insurance but are balking because you don't think you will ever need it? Here is an approach that does not require annual premiums and provides a tax-free benefit to your heirs if long term care is never needed.
How to Make a Sizable Charitable Donation From Your IRA - Tax FreeIf you are over 70 1/2, have an IRA and are charitably inclined, a new law allows you to make a substantial gift from your IRA - tax-free. However, there is a narrow window of opportunity.
Home Sales: Do You Really Know the Tax Exclusion Rules?Will you be selling your home soon? How much of the gain can you exclude from tax? Do you know the current rules? Do you know the exceptions? Did your spouse die, are you divorced, remarried or in the Armed Forces? All these circumstances require special planning.
Simplifying a Difficult Senior Planning Decision: The Family HomeWhether or not to sell their home is one of the biggest sources of consternation to seniors. Here are reasons to stay put and ways to remain in the home and get the equity out.
Roth IRA Distributions at Death: Pitfalls to AvoidYour IRA may represent the bulk of your estate. Care must be taken to assure that your wishes for the distribution at your death follow the rules. Here are the rules and several common mistakes to avoid.
Roth IRAs: Test Your KnowledgeRoth IRAs are popular, but the rules are complicated. Take this quick 5 question quiz and see if you are up to speed on the Roth IRA.
How to Guarantee a Lifetime of Long Term Care Benefits for Half the CostMany seniors have long term care needs but limited assets. Here is one technique to squeeze the maximum income from a given asset.
Looking For Another Income Tax Deduction? You Might Qualify For an IRA and Not Know ItAre you searching for another income tax deduction and wonder whether you qualify for an IRA? If so, here are the new contribution rules--some brand new as the result of the Pension Protection Act of 2006.
Five Excuses People Use For Not Buying Long Term Care and Why None of Them Hold WaterAre you guilty of advancing excuses for not addressing your potential long term care needs? If so, see how five common ones stand up in the real world.
How to Increase Your Spendable Income if You Own a CDIf you own a CD and want to increase the income it produces, here is an approach that may provide the solution...
Three Ways to Buy Long Term Care Without Paying Premiums Out of Your PocketKnow you need long term care but can't afford it? If you think with me outside the box, you will find that there are ways to pay for long term care without taking the premiums out of your budget.
How to Increase Your Income, Lower Your Taxes and Help Your Favorite CharityAre you a senior with an under-performing asset and a desire to benefit your favorite cause? Take a look at a simple planning option that could significantly boost your income and give you a warm feeling in your heart.
