Abnormal Returns

MARCH 4, 2024

Retirement JP Morgan Asset Management's 'Guide to Retirement.' am.jpmorgan.com) How longevity literacy affect financial wellness in retirement. papers.ssrn.com) Why getting charitable giving in retirement right is challenging. (fa-mag.com) riabiz.com) Estate planning is growing in importance for advisers.

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Recruitment Estate Planning Financial Planning Retirement 254

WiserAdvisor

APRIL 19, 2024

While a financial plan focuses on managing your finances during your lifetime, an estate plan is essential for determining the fate of your assets after you pass away. Estate planning involves the transfer of your assets to your heirs in the event of your passing.

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Estate Planning Planning Distribution Accounting 59

Nerd's Eye View

AUGUST 23, 2023

in an IRA or 401(k) plan) to contribute to the Charitable Gift Annuity, they would need to withdraw – and be taxed on – those funds first. Testamentary CGAs, on the other hand, can be established after a donor’s death, funded with IRA or other assets to provide income for another person. But the SECURE 2.0

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Taxes Retirement Clients Estate Planning 229

Carson Wealth

NOVEMBER 5, 2022

Estate Planning isn’t fun to think about. But estate planning is so much more than terminal actions – it helps set a stage for a rich life while protecting against unnecessary taxes and family feuds. . Who needs estate planning? Anyone with dependents, retirement accounts, life insurance or real property.

Estate Planning 52

Estate Planning Planning Retirement Planning Financial Planner 52

Carson Wealth

SEPTEMBER 27, 2023

For individuals, a permanent life insurance plan can play a key role in estate planning by helping reduce estate taxes. Offset Taxes in Estate Planning Estate taxes can be a problem for high-net-worth individuals passing on more than the IRS estate tax exclusion, after which the tax rate on transferred money is 40%.

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Estate Planning Insurance Planning Taxes 96

Carson Wealth

NOVEMBER 28, 2022

Estate planning touches two critical aspects of our lives: It can direct the distribution of property while providing a structure of guardianship and care for ourselves as well as those we love and care for. But many people feel like estate planning happens when you’re older, and that’s a misconception.

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Estate Planning Planning Distribution Financial Advisor 69

WiserAdvisor

AUGUST 31, 2023

Financial advisors play a crucial role in assisting you before your retire. They can also help you optimize your savings and investment plans, ensuring that you maximize your earning potential while minimizing risks. Here are 5 benefits of hiring a financial advisor after you retire: 1.

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Financial Advisor Retirement Risk Tolerance Estate Planning 90

International College of Financial Planning

OCTOBER 26, 2023

The Imperative of Estate Planning: Not Just for the Affluent Often, there’s a prevailing misconception that estate planning is a luxury reserved for the wealthy elite. Real estate planning is a crucial undertaking that every adult and family should prioritize.

Estate Planning 52

Estate Planning CFP Certification Certified Financial Planner 52

Abnormal Returns

JULY 12, 2023

peterlazaroff.com) Retirement How to build in a victory lap before retirement. savantwealth.com) A real-life example of balancing differing wants in retirement. physicianonfire.com) Estate planning A look at some advanced estate planning techniques. (etftrends.com) Peter Lazaroff on whether U.S.

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Risk Tolerance Estate Planning Retirement Planning 213

Darrow Wealth Management

MAY 6, 2024

If your parent had a trust, the individual(s) named in the trust documents as successor trustee will control the distribution of the trust assets. Checklist for executors of their parent’s estate Get organized Where are the original estate planning documents located? Who is the attorney who drafted the estate plan?

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Estate Planning Distribution Valuation Taxes 74

Nerd's Eye View

JANUARY 31, 2024

In late 2019, Congress passed the Setting Every Community Up for Retirement Enhancement (SECURE) Act, introducing several significant changes to retirement planning. Of the many provisions in the bill, the so-called "Death of the Stretch" arguably received the lion's share of consternation from the financial advisor community.

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Financial Advisor Estate Planning Nonprofit Financial Planner 215

Integrity Financial Planning

JUNE 27, 2023

However, it is a common goal for retirees to create and maintain generational wealth in retirement. Prior to your retirement years, diversifying your investment portfolio can be a good way to grow your wealth. This can include investing in stocks, bonds, real estate, and other assets. [3]

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Retirement Healthcare Financial Planning Estate Planning 98

Carson Wealth

FEBRUARY 8, 2023

On a basic level, if you have an estate plan, you control who will receive your property upon your death. An estate plan can also protect you in the event of an unforeseen life-altering medical emergency. Most Americans need an estate plan of some kind, and most Americans don’t have one.

Estate Planning 52

Estate Planning Planning Financial Advisor Wealth Advisor 52

Park Place Financial

NOVEMBER 29, 2022

Estates Estate Planning in this Economic Climate Schedule a Complimentary Financial Review CLICK HERE TO SCHEDULE. If you are in the middle of estate planning , consider the following strategies to develop a sound plan amidst widespread economic challenges. . Create a Trust . Charitable Remainder Unitrust .

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Estate Planning Economics Planning Financial Planner 52

Park Place Financial

SEPTEMBER 8, 2022

ESTATES Family Estate Planning: The 6 Essentials Schedule a Complimentary Financial Review CLICK HERE TO SCHEDULE. According to one survey, 67% of Americans have no estate plan, which may reflect an aversion to thinking about dying or getting gravely ill. 2) Naming Beneficiaries for Separate Assets .

Estate Planning 52

Estate Planning Planning Certified Financial Planner Medical 52

Carson Wealth

JANUARY 3, 2023

Many people believe, incorrectly, that estate planning is for older, ultra-wealthy people. But the simple truth is: If you have property, you need an estate plan. Your estate plan is the key to ensuring your wishes are carried out after you die or you’ve become incapacitated and can’t make decisions on your own. .

Estate Planning 52

Estate Planning Planning Insurance Financial Advisor 52

Park Place Financial

SEPTEMBER 8, 2022

ESTATES The 5 Most Common Estate Planning Myths Schedule a Complimentary Financial Review CLICK HERE TO SCHEDULE. Estate planning is a crucial component of financial preparation for many individuals, as it enables their wealth to have a lasting and meaningful impact on their loved ones.

Estate Planning 52

Estate Planning Planning Certified Financial Planner Taxes 52

Carson Wealth

FEBRUARY 13, 2023

While there are certainly ways to do estate planning without a lawyer, for most people hiring an estate planning attorney makes the most sense. Estate plans can get complex fast, and even fairly straightforward estates can feel overwhelming if you’re not trained in the area. Do your research.

Estate Planning 52

Estate Planning Planning Consulting Financial Advisor 52

Abnormal Returns

SEPTEMBER 4, 2023

theadvisorjourney.com) Brendan Frazier talks about the challenge of retirement spending with Morningstar's Christine Benz. citywire.com) Charles Schwab ($SCHW) is on track to retain ~95% of TDA assets. citywire.com) Why retiring advisers often have second thoughts. thinkadvisor.com)

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Estate Planning Financial Planning Retirement Planning 217

WiserAdvisor

JUNE 6, 2023

High-net-worth individuals who possess a significant number and value of assets and complex financial portfolios may find it hard to manage their finances. However, given the high value of wealth, it becomes all the more critical for high-net-worth individuals to plan their finances optimally. in their work endeavors.

Estate Planning 52

Estate Planning Planning Taxes Financial Advisor 52

Abnormal Returns

MARCH 20, 2023

citywire.com) Retirement Spending in retirement is a dynamic process. advisorperspectives.com) A shocking number of people don't have a will or estate plan. (citywire.com) Adviser technologies are becoming commoditized. What comes next? kitces.com) RIAs are increasingly pushing back against SEC charges.

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Estate Planning Retirement Communication Financial Planning 194

Nerd's Eye View

JANUARY 24, 2024

The need to address longevity risk has become increasingly important, allowing financial advisors to add even more value for their clients by ensuring that their financial needs are met throughout retirement. Ultimately, the key point is that a properly drafted POA is an essential part of every estate plan.

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Estate Planning Accounting Clients Financial Advisor 201

Nerd's Eye View

JANUARY 24, 2024

The need to address longevity risk has become increasingly important, allowing financial advisors to add even more value for their clients by ensuring that their financial needs are met throughout retirement. Ultimately, the key point is that a properly drafted POA is an essential part of every estate plan.

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Clients Estate Planning Accounting Financial Advisor 194

Abnormal Returns

AUGUST 21, 2023

riaintel.com) Turnqey wants to be for crypto 'what is Plaid for banking assets.' kitces.com) Vestwell is set to administer the nation’s first multi-state retirement program. wsj.com) There is a racial gap in estate planning. (wiredplanning.com) Michael Kitces talks with Jim Ludwick about turning prospects into clients.

Portfolio 130

Portfolio Estate Planning Banking Retirement 130

Carson Wealth

APRIL 25, 2024

Investment strategy: Determine asset allocation and investment vehicles aligned with risk tolerance and financial goals. Retirement planning: Calculate retirement needs and contribute regularly to retirement accounts. What Could Happen if You Don’t Have a Financial Plan? Outliving their money.

Financial Planning 97

Financial Planning Planning Retirement Insurance Coverage 97

Fortune Financial

FEBRUARY 4, 2024

With our deep expertise and qualifications in NUA strategies, our experts are adept at navigating the complexities of tax-efficient retirement planning. Explore the Fortune Financial advantage in transforming how you manage your retirement assets and bringing you closer to achieving your financial dreams.

Retirement 59

Retirement Retirement Planning Distribution Taxes 59

Darrow Wealth Management

JANUARY 29, 2024

However, at death, a living trust can provide two key benefits compared to owning assets not held in trust. What happens to my assets after I die? Before diving into a discussion on the benefits of living trusts, it’s important to first understand what happens to different types of assets after someone dies. non-attorney).

Estate Planning 79

Estate Planning Distribution Taxes Wealth Management 79

Yardley Wealth Management

JUNE 6, 2023

Secure Your Financial Legacy When planning for your legacy, it’s important to consider various financial aspects. Here are some additional details and keywords to help guide you: Estate planning involves creating a plan for the management and distribution of assets after death.

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Certified Financial Planner Estate Planning Retirement Planning Financial Advisor 52

Fortune Financial

SEPTEMBER 29, 2022

In our planning with clients, we like to employ a “pay yourself first” approach, especially as it relates to retirement planning. This cycle can repeat itself over multiple years, resulting in minimal or no retirement savings. Planning for retirement is a multi-step process with continuous updates and monitoring.

Retirement 52

Retirement Portfolio Retirement Planning Investing 52

International College of Financial Planning

JULY 30, 2022

Certified Financial Planner (CFP) is globally the most respected financial designation for personal assets management. Earning the CFP designation requires a rigorous course of study covering investment planning, income taxation, retirement planning and risk management.

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Certified Financial Planner Financial Planner Assets CFP 52

WiserAdvisor

NOVEMBER 14, 2023

Retirement planning is an essential aspect of financial security, especially as one transitions from a phase of regular income to relying on savings and investments. The concept of retirement has undergone a significant transformation in recent times. Traditional retirement plans often rely heavily on pension schemes.

Retirement Planning 52

Retirement Planning Retirement Planning Healthcare 52

Abnormal Returns

SEPTEMBER 11, 2023

(xyplanningnetwork.com) How advisers can help clients with asset protection. kitces.com) The SECURE Act made Roth IRAs more attractive from a estate planning perspective. financialducksinarow.com) Financial considerations are only one part of planning for retirement. kindnessfp.com)

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Wealth Management Estate Planning Financial Advice Financial Planning 144

WiserAdvisor

JANUARY 3, 2024

Starting your journey of saving for retirement is a pivotal financial goal. But the one thing that remains constant in this advice is that investing is essential to secure a comfortable retirement. Yet, the path to building a robust investment portfolio for retirement can be an intimidating task.

Retirement 52

Retirement Portfolio Investing Investments 52

Walkner Condon Financial Advisors

APRIL 6, 2022

With the death of a loved one, one question we often get is, “What assets are entitled to a step-up in basis and what assets aren’t entitled to a step-up in basis at death?” Examples of Assets That Step-Up in Basis. Examples of Assets That Do NOT Step-Up in Basis. Real estate that was gifted prior to inheritance.

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Assets Retirement Planning Estate Planning Taxes 59

Darrow Wealth Management

APRIL 25, 2023

In addition to making funeral arrangements and notifying family and friends, another priority is alerting your estate planning attorney and financial advisor. Asset Titling, Beneficiary Elections, and Probate The estate planning attorney is going to be critical here. But not everything needs to get done today.

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Estate Planning Taxes Accounting Retirement 73

WiserAdvisor

JULY 27, 2023

This advanced language processing technology has also greatly impacted the financial advisory sector, prompting a critical question: Can ChatGPT replace human financial advisors in retirement planning? Personalized guidance, empathy, and a deep contextual understanding are integral to effective retirement planning.

Retirement Planning 52

Retirement Planning Financial Advisor Retirement Planning 52

Clever Girl Finance

JANUARY 9, 2024

Trusts can also help seamlessly pass the trust’s assets to your heirs by avoiding probate court. With the right help, you, too, can open a trust and protect your assets, and this guide will give you a crash course on living trusts as an estate planning tool. It helps protect your assets during your lifetime and beyond.

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Estate Planning Distribution Assets Accounting 59