October 17, 2019
Non-Qualifying Investment Accounts

Non-Qualifying Investment Accounts: How To Navigate The Options

When thinking of non-qualified investment accounts, several things come to mind. What is the purpose of the account? What’s the best way to use them? What happens to the account when I die? Some of you may even be asking, “What is a non-qualified account?” Without understanding the various types of accounts, it can seem like you’re tangled in the weeds. Well, today’s topic will make choosing a non-qualified account much simpler. By the time you’re done reading this, you’ll be highly qualified to make non-qualifying investments or at least you’ll have a better understanding of them. So join me as we make non-qualifying investments financially simple!
October 3, 2019
Common Types of Trusts for Business Owners

Types of Trusts for Business Owners: The Comprehensive List

In my last article, we delved into basic trusts. We defined what they are, and how each type is used. Well, in this follow up article we dive into the weeds, so to speak. This article is an exhaustive list of the most common types of trusts, and will take you from A-Z, as we discuss the thirty-nine — yes, you read that correctly — types. So strap in as I make all these trust types that can be used in your financial planning, financially simple.
October 1, 2019
basic trusts

The 9 Basic Trusts – A Financially Simple Overview

As business owners, so much of our time and effort is poured into making our businesses successful. You plan for every possibility and eventuality. You mitigate risk while maximizing value. You pour so much of yourselves into the business side of your lives, but do you take as much care with your personal effects? Think about it, if you put so much thought into protecting your business, shouldn’t you put at least as much thought into your personal lives? Over the last few weeks, I’ve discussed the importance of estate planning. As I continue digging into the topic, I’d like to take some time to understand the nine of the most basic trusts. Trusts are a crucial part of managing your estate, so let’s take a few moments to get to know them.
September 26, 2019
Other Key Estate Planning Documents besides a Will

4 Estate Planning Documents You Need in Addition to a Will

Most of us realize that we need a will, but there are additional estate planning documents you should also have in place. We’ll talk about four of the most common documents that make dealing with this process much simpler for the people you trust to handle your affairs when you’re gone.
July 19, 2018
Second-to-die Life Insurance

A Second-to-die Life Insurance Policy Can Help Reduce Estate Taxes

If you have ever shopped for life insurance, then you know it can be quite overwhelming. There are many different options. Two of the most popular are term insurance and whole life, both of which you have likely heard of. However, today, I’m introducing you to another type of life insurance policy. The second-to-die life insurance policy is a policy that is often employed as part of an estate plan.
November 10, 2017
estate planning 101

Estate Planning 101: What You Need to Know

I have often said, “estate planning isn’t just for the retirees, it’s for you too!” We often think we will deal with the planning of splitting up our assets much later in life, but the truth is, there is no time like the present for estate planning. Even if you aren’t retiring tomorrow, this crucial puzzle piece can mean the difference between worry and peace of mind for those that depend on you.