Safety In Retirement

Many people have mixed feelings about retirement.   They also don't have the correct mindset of retirement because they are still employed. Some even dread retirement because they don't have a clue, what they will do, will they be fine or miserable., Basically no one is prepared nearing retirement age. In general, most people work [...]

By |2020-04-16T18:37:22+00:00August 7th, 2019|Annuities|

Avoid Unnecessary Probate Expenses and Time Delays With This Simple Planning Tip

When you open a retirement savings account (such as an IRA), you have the option of naming a beneficiary. This beneficiary designee stipulates where these assets will go when you pass away. A beneficiary form commonly takes precedence over a will, because retirement accounts do not fall under probate.

By |2020-04-14T00:03:45+00:00May 12th, 2019|Retirement Planning|

Living Trusts: Frequently Asked Questions and Answers

A living trust is an important tool in financial planning, and it is vital that you are fully informed about all of the details of this, and other legal documents. Be sure to meet with your certified personal financial planner to discuss your personal situation and living trust options before making any final decisions.

By |2020-04-17T18:07:09+00:00March 7th, 2019|Estate Planning|

Are Revocable Living Trusts for You? Basic Information

A revocable living trust is a legal device that can help protect assets. Revocable living trusts are promoted as an alternative to probate. They can be used to manage your property during your lifetime and to distribute your property quickly after your death. Any competent adult can establish a revocable living trust.

By |2020-04-13T18:37:39+00:00February 16th, 2019|Estate Planning|

What You Need to Know About Probate

Most people have a general fear of probate which is often based on publicity or misunderstood information. The press and numerous articles explain the hazard of probate and the underlying expenses which could wipe out an estate. Are these real or imagined concerns? The answer is quite simple, it all depends. It depends on the size and complexity of the estate. It depends on instructions from the will of the decedent.

By |2020-04-15T01:21:56+00:00January 29th, 2019|Estate Planning|

Death Benefits and Annuities: Tips and Hints

Annuities are contracts with written contractual provisions which include benefits paid to a named beneficiary. In the event of the annuitant (a person) dies, the proceeds from an annuity are passed to the beneficiary. The beneficiary can be a person or persons, a trust or an organization. If the annuity names a beneficiary, the funds are paid without the need of probate.

By |2020-04-13T20:20:34+00:00January 28th, 2019|Annuities, Annuities 101|

Annuity Beneficiary: An Important Decision

Naming a beneficiary on an annuity can help lower probate expenses Annuities are contracts between an individual and an insurance company. Annuity contracts allow for the owner of the annuity to name a beneficiary so in the event of the death of the annuitant. Because this is a contract, the beneficiary will normally receive the [...]

By |2020-04-13T18:34:35+00:00January 25th, 2019|Annuities, Annuities 101|