August 3, 2016

5 Estate Questions to Ask About Real Estate

Preparing your estate in advance is one of the greatest gifts you can give your family. Many estates include real estate in the form of a primary home, vacation home, and other family properties. While inheriting a property can be a wonderful legacy, it also comes with obligations that heirs may be unprepared or unable to fulfill. If you intend to leave real estate to your heirs, ask yourself these five questions to help avoid creating problems for your loved ones. 5 Estate Questions Will the Property Have a Mortgage? If the property comes with a mortgage or home equity loan, your heirs will need to negotiate with the lender to satisfy the terms of the loan. In many cases, they may need to sell the property to pay off any loans if financial provisions aren’t made elsewhere in the estate. Life insurance is one option for giving loved ones […]
June 3, 2016

What Should I Do In A Volatile Market?

The stock market moves up and down; sometimes rapidly. I will addresses what you should and should not do in volatile markets. If you have not yet watched the video yet then please watch it now for the full tutorial. If you like our videos then share it with your family and friends and support us to provide you such useful information continuously. Thanks for watching. And don’t miss our other informative financial videos. Justin Goodbread owns Knoxville Tennessee-based Wealth Management Firm Heritage Investors who works with select successful business owners and retirees by building comprehensive financial plans.
May 24, 2016

VIDEO: Financial Steps After the Loss of a Loved One

Financial Steps After the Loss of a Loved One This week we take on the question about what to do after a loved one’s death. take some time to heal avoid penalties on the distribution don’t forget about Social Security benefits update your beneficiaries So above we have given a video lecture about steps to be taken after death (or even divorce). If you did not watch the video yet then watch it now. If you like the video and our article then please tell others about these and spread the knowledge, share it with your family and friends. Come regularly and read our blog and stay connected with us for more cool tips and knowledge.
April 27, 2016
Beneficiary of Your IRA

Should a Trust be the Beneficiary of Your IRA? Pros and Cons

Should a Trust be the Beneficiary of Your IRA? Pros and Cons For many Americans, the assets in their Individual Retirement Account represent a significant portion of the wealth they hope to leave to their loved ones. You may have heard that creating a trust and naming it as the beneficiary of your IRA is a good way to direct how your assets are distributed after your death and force your heirs to “stretch” the IRA for generations. However, trusts and inherited IRAs are complex vehicles that have a lot of details to get right. Here are some of the pros and cons of naming a trust as a beneficiary of your IRA: Advantages to Naming a Trust as an IRA Beneficiary While directly inheriting an IRA is perfectly fine for many heirs, it can be inappropriate in some situations. Under these circumstances, a trust may be able to help […]