$400,000 and $3.5 Million A few weeks ago, we were working with a family that could have severe estate tax issues in the future. When this risk was first exposed, the immediate response was this: We have until 2026 before anything can be changed, right? Unfortunately, this is a misconception. The tax code can be…
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Is it healthy? Or…? John Hancock came up with a “healthy living” concept for their life insurance holders a few years ago. The healthier you live, the less your premiums will be, along with a few other perks – not the least of which is their effort provide ongoing information about everything that affects your…
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Chief Financial Officer (CFO) – noun: The person responsible for managing financial actions of a company. Duties include tracking cash flow and financial planning as well as analyzing the company’s financial strengths and weaknesses and proposing corrective actions. – Investopedia.com Okay. You may not own a company – or maybe you do – but that’s…
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Global financial crisis • stocks crash • global pandemic • record unemployment • foreclosures rise • banks collapse • markets in disarray • Wall Street panic • billions lost • retiree benefits take another hit • your state is bankrupt • Ebola outbreak • deep recession • lost decade • jobs crisis • housing bubble…
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Google How many types of trusts are there? and I dare you to find an exact number. The point is that there isn’t one. There are three primary classes of trust (Revocable, Irrevocable and Testamentary). Beyond that, though, there are dozens of trusts at the very least. Just to rattle off a few… · Revocable…
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Imagine that you’ve worked 45 years and saved all you can. Your dream now is to retire near your children so you can watch your grandkids grow up. One year out from this becoming a reality you visit a retirement planning specialist. You cannot wait to hear the words “you can do this.” Instead, you…
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Fall/Winter is an ideal time to examine your financial health and update your financial plans. Here is a list of important things to review that might make a difference in your year-end review and plans for next year. Check all that apply. If you have any questions or concerns, we will be happy to go…
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Money is funny! You need it, but you don’t. You can be a SCROOGE Or you won’t! There is enough to go around Yet some of you get bound… So remember what it’s for God, food, and a little more. Things don’t last, but You always have memories PAST! Earn, give, save and receive This…
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If you’ve ever wondered what your financial advisors do with their free-time, here’s your answer: Google geeky things like this. This happens to be one of my favorite things to look at each year. It gives us an indication as to where we are from a financial literacy perspective. This year’s list was very interesting.…
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We won’t break out in song, but this is something to celebrate in 2020. Charitable gifting – in many cases – is providing the planning opportunity of a lifetime! Are you aware that you may deduct up to 100% of your Adjusted Gross Income by way of making charitable gifts in cash this year? If…
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Securities offered through Calton & Associates, Inc. member FINRA and SIPC, a Registered Investment Adviser. SEC registration does not imply a certain level of skill or ability. Investment advisory services offered through Smart Money Group, LLC, a Registered Investment Adviser. Smart Money Group, LLC and Kennedy Financial Services are not owned or controlled by Calton & Associates, Inc.