Protecting Your Teen's Trust

« Back to Home

POSTS

Avoiding The Money Trap: 4 Steps To Help Your Heirs Manage Their Inheritance

Posted on

Whether you worked hard to create your own wealth or you inherited from those who came before, you’re undoubtedly interested in how to pass it on to your children in the best way possible. Unfortunately, some high income parents have discovered that leaving large inheritances can backfire and cause more challenges than solutions. To help your family avoid this problem, here are 4 tips for helping your kids manage their future wealth well.…

Read More »

3 Tips To Prepare For A Financial Audit

Posted on

As a small business owner, one of the tasks you have to face is a financial audit of your business. The audit is not only a way to ascertain the financial health of your business, but it can help uncover any organizational issues that need to be uncovered. The following tips can help you get through the process.   Document Everything One of the problems that many small business owners face at audit time is finding the documentation necessary to accurately assess the business’s financial status.…

Read More »

Worried About Protecting Your Assets If You Require Long-Term Care? What Are Your Options?

Posted on

If you’ve recently reached a birthday milestone that puts you at the same age as a parent or grandparent who passed away, you may be battling a variety of conflicting emotions – perhaps chief among them the wistfulness that you’ve now hit an age you once dismissed as impossibly old. While the Baby Boomer generation is expected to be the longest-lived one yet, hitting these types of milestones can serve as a grim reminder that time marches on – and if you’ve accumulated substantial assets during your working years, you may be dismayed at the thought of them being used to pay for your own long-term care rather than being passed down to your children or heirs after you’re gone.…

Read More »

Three Options To Consider When You Need A Guaranteed Investment Return

Posted on

Whether you prefer the security of a specified return or you need to diversify your investment portfolio, fixed rate investments have a spot in your financial holdings. Many individuals like to hold fixed rate products in addition to riskier stock investments to offset the stocks’ volatility. Retirees or those with a shorter investment time frame may also prefer a fixed return for extra security.  1. Fixed Rate Annuity When you invest in an annuity, you make a lump sum contribution in exchange for future payments.…

Read More »

Reducing Taxes During Retirement: Strategies And Passive Income Opportunities

Posted on

Reducing the amount of tax liability on your investments and retirement accounts is often priority number one among investors. There are a variety of strategies you can utilize to help reduce the amount you pay in retirement, once you reach that point in your life. Taking as many deductions and credits on your tax form as possible and maximizing your passive income opportunities are steps in the right direction. Fully understanding your investment options is crucial in order to maximize your tax benefits.…

Read More »

Questions You Should Ask Your Financial Planner Before You Retire

Posted on

When you find yourself approaching retirement, you’ll probably start thinking about all of that time you’ve spent with your financial planner. Don’t think that hitting retirement means that you won’t need his or her services anymore. In fact, as you prepare to retire, this is a crucial time to schedule another meeting with your financial planner to evaluate your situation. Here’s a look at a few things that you should discuss before you actually retire.…

Read More »

Renting In A Hot Buyer's Market? Should You Use Retirement Funds As A Down Payment?

Posted on

Although the subprime mortgage crisis that caused real estate prices around the country to plummet is less than a decade in the rearview mirror, housing prices have rebounded in many areas. If you find yourself in a housing market where prices seem to be rising exponentially, you may worry that you need to purchase now in order to preserve your ability to ever enter the world of homeownership. However, renting in these markets can be expensive, and saving up a down payment while prices continue to rise can be difficult.…

Read More »

Learn A Little About Forex Indicators Before You Jump Into Currency Trading

Posted on

Many people have an interest in jumping into the currency trading market. Before you start, you should take a moment to familiarize yourself with the various forex indicators. Are You Familiar With Technical Analysis? Are you familiar with technical analysis? It’s a term encompassing the charts, graphs, numbers, and statistical information used to analyze a security. Forex indicators are much the same thing. Indicators give you the information you need to check historical performance.…

Read More »

Addressing Two Concerns About Working With Private Wealth Management Specialists

Posted on

Managing your wealth can be a daunting task for individuals that have limited experience and interest in finances. Sadly, some people will overlook private wealth management services that can dramatically reduce the stress of managing large investments. If you are struggling to handle this aspect of your life, learning about these answers to private wealth management questions should help you to make informed choices for meeting your financial objectives. Can Private Wealth Management Specialists Help With Your Taxes?…

Read More »

Three Things You Need To Do To Retire At 55

Posted on

If retiring early is one of your life goals, now is the time to take action. The sooner you start saving for retirement, the sooner you can take advantage of the magic of compounding interest. However, it is essential to understand what financial options make sense when your goal is to retire at 55. 1. Save in a Roth IRA One of the advantages of using a Roth IRA to save for retirement is that you can withdraw the contributions at any time, regardless of your age.…

Read More »