Planning for Incapacity

Protect your Financial, Estate, and Business Goals from the Risk of Incapacity or DisabilityResearch by the U.S. Department of Health and Human Services estimates that about half (52%) of Americans turning 65 today will develop a disability serious enough to require long-term services and support. Long-term physical and mental incapacity can have far-reaching implications on [...]

Planning Your Charitable Gifts During A Crisis Event

By: David R. Foster, JD, AEP, CLU, ChFC, CAP FLMI During moments of crisis, be that a global pandemic, a natural disaster, or economic downturn, many individuals and families step up to provide support for those who are negatively impacted. They use their time, effort, talents and financial resources to help out those in their [...]

Impact of Low Rates and Market Volatility on Annuities

Today, about 50 Million Americans are retired – left the workforce to rely on their assets, social security, and pensions to maintain a comfortable lifestyle in retirement.  2020 is proving to be a year to test that word comfortable. For many, annuities are a great tool to plan for retirement.  After a lifetime of work [...]

Low Interest Rates Present Numerous Wealth Planning Opportunities

by David R. Foster, JD, AEP, CLU, ChFC, CAP, FLMI One of the few silver linings in the recent economic cloud is that interest rates are at historically low levels. In addition to mortgage refinancing opportunities and low payment obligations on variable loans, low interest rates present an opportunity to take advantage of certain wealth [...]

Families and Young Investors Should Consider These Financial Planning Opportunities

The Coronavirus has presented many unique challenges to every world citizen.  In response to the spread of COVID-19, a number of relief options have been made available to American taxpayers in an attempt to financially navigate our challenges.  We want to help you identify the opportunities within these options and focus on the valuable financial [...]

2020 CARES Act and You

Financial Considerations for Individuals and Business Owners On March 27, 2020, President Trump signed the Coronavirus Aid, Relief and Economic Security (CARES) Act to provide nearly $2 trillion of support to families and businesses during the COVID-19 pandemic. This is the largest economic relief package in US history, with provisions that will affect nearly every [...]

What Your Trust Can Truly Do

Nine Tips for Maximizing the Impact of your Trust Trusts are commonly used as an effective means of managing, protecting and transferring a family’s financial wealth. But like so many things in life, you only get out of it what you put into it. Trusts should not be parked in your estate planning garage and [...]

Investment Returns After Major Market Sell-Off

History, Repeat Yourself Already!By: Ryan Johnson, AAMS® and Joseph Calhoun, CFP® It is certainly not fun to watch investments fall but history tells us that they always will at some point. Nobody knows when, why, or how much – what we do know, though, is that they will eventually go higher, if history is any [...]

Financial Challenges When Raising Children with Special Needs

Common financial issues and strategies to address the need for supports, resources, and annual planning All children have their own unique personalities, character traits, gifts, and limitations. As parents we find joy in their unique personalities, embrace certain character traits and refine others. We help to cultivate their gifts and help them overcome their limitations. [...]

The SECURE Act of 2019

The U.S. Congress often uses the tax code to influence the behavior of American citizens. For example, it is in our nation’s best economic interest to have a robust real estate market. Therefore, our tax code provides many favorable tax provisions related to home ownership. It is also in our best interest to have people support charitable causes. Therefore, the tax code offers numerous tax deductions for gifts to charitable organizations. In a similar fashion, it is in our nation’s best interest for individuals to save sufficiently so they are capable of financially supporting themselves during retirement. Therefore, our tax code contains numerous tax advantages for employer sponsored qualified retirement plans and individual retirement accounts (IRAs).

Leave a Comment

Your email address will not be published. Required fields are marked *