Estate Planning for ‘Black Sheep’ Beneficiaries

From: www.kiplinger.com

Every family has one – or maybe more – black sheep. They’re people who march to their own drum, and handing them an inheritance could be problematic. Here are some tips for managing them in your estate plan.

Every family faces a unique set of circumstances when it comes to wealth, financial planning and thinking about the future. But no matter the situation –…

A Guide to Social Security for Seniors

From: www.caring.com

Whether you’re nearing retirement age, have a significant disability or are struggling to meet your basic needs, you may be entitled to Social Security. This federal program includes several different components that can provide valuable financial assistance regardless of your age. Here’s what you need to know about eligibility and how to claim your benefits.

What Is Social Security?

The…

Grantor trust: What it is and a guide to how the rules work

From: www.bankrate.com

A grantor trust is a type of living trust in which the person creating the trust (the grantor) remains the owner of the assets and property in the trust for both income and estate tax purposes. A grantor trust is taxed at the grantor’s personal tax rate, which is usually lower than at…

This Investor Awareness Guide, with a forward by David H. Morgan, contains fundamental, valuable economics. Click to view the full article.

In this archived edition of the True Advisor Report, David Morgan was named “True Advisor of the Month”. Click to view the full article.

Seven Key Elements of Estate Planning

From: retirement.tips

Most people agree that, in theory, estate planning is a necessary task regardless of wealth. But it tends to be an uncomfortable process for many people, as it involves confronting your own mortality – not to mention having some potentially difficult conversations with family members. 

Many people also aren’t aware of the various estate planning tools that are available for protecting…

By Mallory Edens

As people age, we can tend to become more insular and have fewer human connections. But humans are social creatures; it is in our nature to want to connect with others. Though the age of social media has brought with it new tools for making connections, there’s something to be said for meeting face-to-face. Here, we offer a few tips for rekindling old connections and making new ones.

Estate Planning for Retirees

From: theamericanretiree.com

As you approach retirement, your estate plans may differ from those during other stages of your life. During retirement, a comprehensive estate plan must consider your financial needs, ensure they are met, and provide additional safeguards. The following are some ways to develop this type of plan.

1. Purchase Long-Term Care Insurance

Having to reside in a nursing home or similar facility for an extended period of…

The Dark Side of Variable Annuities

From: theamericanretiree.com

During your early life, you probably rode the ebb and flow of the market, hoping to hit that investment “home run.” And why not? Even though you suffered losses from time to time, you were confident that you would bounce back, and you knew you had plenty of time to recover before retirement.

As time passes, investing approaches change. Retirement is when most people…

By Mallory Edens

After spending your life working and creating an estate with some help from Retirement and Estate Advisors and Professionals, the last thing you want is to struggle in your golden years. However, financial struggles can fall on anyone. If you are facing self-doubt and wondering how to bounce back after financial issues, consider this brief guide to help you get back to financial stability.

Find Ways To Relieve Stress

Start by taking a…