Articles

Estates & Trusts

• What Key Estate Planning Tools Should I Know About?

  Wills and trusts allow you to spell out how you would like your property distributed, but they also go beyond that.

• How Can a Living Trust Help Me Control My Estate?

  A living trust can help control the distribution of your estate upon death.

• What Are the Pitfalls of Probate?

  The probate process can be lengthy and complex. There are strategies you can use to help avoid the probate process.

• How Can My Gift Benefit Me and the Charity?

  To retain the tax advantages associated with charitable giving, your gift must be made to a qualified organization.

• How Can I Build and Preserve My Estate?

  Life insurance can be used to help preserve the value of your estate for your heirs.

• How Can I Control the Distribution of My Estate?

  If you haven't taken steps already, consider planning now for the distribution of the assets of your estate.

• What Gifting Strategies Are Available to Me?

  Compare the advantages and disadvantages of different gifting strategies available for planned giving.

• What Is the Best Form of Property Ownership for Me?

  Sole ownership, joint tenancy, tenancy in common, and community property have special benefits for property owners.

Retirement

• Why Do People Buy Annuities?

  Annuities, an insurance-based financial vehicle, can provide many benefits that retirement investors might want.

• What Are Annuity Living Benefits?

  Living benefits can help protect variable annuity owners from running out of money in retirement.

• How Much Do I Need to Save?

  Many realize it’s important to save for retirement, but knowing exactly how much to save is another issue altogether.

• A New Chapter for Retirement

  With the changing pension landscape, it is important to take charge of your own retirement security.

• What Is a 1035 Exchange?

  A Section 1035 exchange is a tax-free exchange of an existing annuity contract or life insurance policy for a new one.

• Unforgettable Birthdays

  There are key dates after you turn 59½ that can impact your taxes, Medicare eligibility, and retirement benefits.

• Should You Bank Your Retirement on Your Business?

  Allocating too much of your retirement investments to one company, even your own, can be a risky proposition.

• What Are My Retirement Planning Options?

  There are a variety of retirement planning options that could help meet your needs. Here are some of the most popular.

• Will Social Security Retire Before You Do?

  Greater demand is being placed on the Social Security system as the baby boom generation has begun to retire.

• How Can I Estimate My Future Social Security Benefits?

  The Social Security Administration’s retirement estimator gives estimates of your future benefits based on your actual Social Security earnings record.

• What Is a Self-Employed Retirement Plan?

  Tax-deferred retirement plans for self-employed individuals have higher contribution limits than IRAs.

• What Is an Indexed Annuity?

  An indexed annuity may provide some upside potential and downside protection.

• What Are My Retirement Plan Distribution Options?

  When receiving money accumulated in your employer-sponsored retirement plan, you have two options: lump sum or annuity.

• Save Now or Save Later?

  If you start saving for retirement sooner, the more money you are likely to accumulate and possibly retire sooner.

Tax Planning

• What Is the Estate Tax?

  Everything you own, whatever the form of ownership, is subject to federal, and possibly state, estate taxes.

• What Is the Gift Tax?

  The federal gift tax applies to gifts of property or money while the donor is living.

• What Is a Required Minimum Distribution?

  Required minimum distribution is the annual amount that must be withdrawn from a qualified retirement plan/account.

• What Tax Deductions Are Still Available to Me?

  Changes to the tax code have left a few key deductions for itemizers, like medical, dental and some business expenses.

• What Tax-Advantaged Alternatives Are Available?

  While stable, CDs can create an income tax bill. Fixed annuities and municipal bonds can offer tax advantages.

• How Can I Upgrade My Insurance — Tax-Free?

  A 1035 exchange allows you to exchange your life insurance policy for one from another company without tax liability.

Investing

• How Are Annuities Taxed?

  One attractive feature of an annuity is tax-deferral but qualified and non-qualified annuities are taxed differently.

• What Is Diversification?

  An important element to successful investing is to manage investment risk while maintaining the potential for growth.

• What Is an Annuity?

  An annuity is a flexible financial vehicle that can help protect against the risk of living a long time because it provides an option for a lifetime income.

• What Is the Difference Between a Fixed Annuity and a Variable Annuity?

  Both fixed and variable annuities could be appropriate options for an individual interested in purchasing an annuity.

Cash Management

• How Long Will It Take to Double My Money?

  Before making investment decisions, it is helpful to determine the real rate of return on the investment.

• What Is a Reverse Mortgage?

  There are techniques that can enable older homeowners to use their property to finance their lifestyle.

• What Savings Alternatives Are Available?

  There are a number of savings alternatives that could help you earn a reasonable rate of return.

• How Does Inflation Affect Me?

  Historically, one of the best ways to fight the effects of inflation has been to utilize growth-oriented investments.

Risk Management

• Why Purchase Life Insurance?

  If you have a family who relies on your income, it is important to have life insurance protection.

• Why Are Annuities Considered an Insurance Product?

  An annuity is a contract between you and an insurance company to pay you future income in exchange for premiums you pay.

• What Is Property and Casualty Insurance?

  Property and casualty insurance can help protect a variety of assets. Find out what it does and doesn’t cover.

• Do I Need a Business Owner Policy?

  A business owner policy is an insurance package that assembles the basic coverages required by a business owner in one bundle.

• What Is Life Insurance for Business Owners?

  Company-owned life insurance is one way to help protect a business from financial problems caused by the death of a key employee.

• What Is Last-Survivor Life Insurance?

  Couples who want to help protect their legacy from estate taxes could consider last-survivor life insurance.

• What Is Disability Income Insurance for Business Owners?

  As a business owner, a disability can create an economic hardship putting both your personal finances and business at risk.

• What Is Term Life Insurance?

  Term life insurance differs from permanent forms of life insurance in that it offers temporary protection.

• What Is Whole Life Insurance?

  Some of the pros and cons of whole life insurance.

• What Is Universal Life Insurance?

  Consider a universal life insurance policy if you want the flexibility to change your premium or death benefit.

• What Are the Main Types of Auto Insurance?

  Even if your state doesn’t require certain types of auto insurance, it may be wise to purchase multiple types to ensure you are covered for a variety of situations.

• How Do I Make a Property Insurance Claim?

  When it is time to make an insurance claim, it helps if you are familiar with your policies and the steps you should take to file a claim.

• How Can I Maximize My Insurance Benefits?

  Several factors could undermine the financial security provided by the proceeds of your life insurance policy.

• How Can I Insure My Future?

  To help you choose insurance wisely, determine how much coverage and what kind of policy is best for your situation.

• How Can I Protect My Home?

  Since your home is one of your greatest assets, you should make sure it is adequately protected. That's where homeowners insurance enters the picture.

• Do I Need Disability Income Insurance?

  Knowing the basics of a disability income insurance policy is a good first step toward protecting your family.

• What Types of Health Coverage Are Available?

  There are three basic types of medical insurance plans: fee-for-service, managed care, and high-deductible health plan.

• How Can I Extend My Liability Coverage?

  Consider additional liability insurance to help protect you from the potentially devastating effects of liability lawsuits.

• What Is the Difference Between an HMO and a PPO?

  Selecting health insurance is often one of the most important decisions you will make. Do you know the different types?

• How Can I Determine the Financial Strength of My Insurance Company?

  Using a financially sound insurance company is an important part of ensuring your family’s financial security.

• Am I Prepared for Long-Term Care Expenses?

  The odds of needing long-term care increase as you age. Prior planning can help protect you from financial ruin.

• What Does Medicare Cover?

  Medicare is the federal health insurance program for those persons age 65 and over. But what does it cover?

• How Likely Am I to Need Long-Term Care?

  If you were to suffer an illness or disability that required long-term nursing care, would you be covered?

• What Are the Basic Types of Life Insurance?

  When selecting a life insurance policy, examine all your options, as well as the positives and negatives of each type.