TOD or Living Trust?
Submitted by Blue Chip Financial on December 10th, 2015Let's look at two basic methods for shielding assets from probate.
Let's look at two basic methods for shielding assets from probate.
In todays world, many people are neglecting to include digital assets in their estate plans. That may be a big mistake. Valuable assets may go unnoticed, and money and time might be spent tracking them down. Before the digital age, one could survey a home and find physical objects or paper records, and mail deliveries could be checked for account statements or bills.
An increasing number of Americans are facing an uphill battle just trying to save enough and earn enough on their savings to be able to retire on time.
With the holiday season looming, it’s not too soon to do your year-end tax planning. One of the consequences of achieving financial success is that, what was once a relatively straightforward tax return increasingly becomes more involved as more tax issues come into the picture.
Face it, life happens, most often beyond your control, and it can sometimes produce some unexpected illnesses or injuries that can potentially disrupt your ability to keep your income flowing. In fact, the most valuable asset that most people have is their ability to earn an income. Yet for many people, it’s the one asset that they haven’t protected.
The primary reason most people own life insurance is to ensure that their loved ones will have the means to replace lost income and pay for their financial obligations in the event of their premature death. In fact, life insurance is a critical financial tool in any circumstance in which the premature death of an individual could result in a financial hardship on another.
When it comes to admitting that women are better at certain things, men have a difficult time conceding any degree of supremacy.
The risk of a disabling illness or injury that prevents a worker from doing his or her job is more significant than most people realize. According to information compiled by the National Association of Insurance Commissioners (NAIC), a male U.S.
Many young adults miss the opportunity to make some crucial moves that can pay off in a big way in years to come. Once you graduate college and land your first job, start saving for your retirement. That discipline from day one, even on the smallest of scales, can yield a tremendous payoff in securing your future. Read
Along with the protection offered through insurance and the goal setting provided by investment choices, money management strategies can help manage savings on a daily basis.
From mortgage payments to tax savings, a strategy for managing money effectively involves a consideration of individual contexts.