When you reach a certain age, you want assurance that your family will be taken care of and that any final wishes will be upheld. An estate plan is one of the best ways to protect you and your loved ones in your later years and plan for the unexpected.
Determining your health insurance needs as you approach Medicare age and move into retirement can feel overwhelming. What exactly are your coverage options? What do Parts A and B pay for? Do you need supplemental insurance with Medicare? It’s understandable if you’re feeling frustrated by all the questions you need answered.
Since the NFL draft, I have participated in multiple virtual events with future collegiate and NFL players as well as accountants and attorneys. The topic? How to decipher the different types of financial advisors.
As I worked with several rookies who took part in this year’s NFL, NBA, MLB and NHL drafts, I noticed the lack of financial literacy in the professional athlete community – especially rookies. It’s insane the trust level they give to agents as well as those in their inner circle.
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Because of the coronavirus pandemic, this year the NFL will hold its first “virtual” draft. All 32 teams will pick players remotely between April 23 – 25.
An estate plan is a necessary tool that allows you to protect, maintain and manage your property if you become ill or pass away. But more than that, it can also help people make sure their minor children are protected in the event of an emergency or minimize taxes paid on assets by beneficiaries.
An estate plan is a necessary tool that allows you to protect, maintain and manage your property if you become ill or pass away. But more than that, it can also help people make sure their minor children are protected in the event of an emergency or minimize taxes paid on assets by beneficiaries.
If you haven’t learned by now, the Setting Every Community Up for Retirement Enhancement Act (known as the “SECURE Act”) was signed into law on Dec. 20, 2019, and went into effect on Jan. 1, 2020. With bipartisan support, it is expected to generate about $15.7 billion in tax revenue over the next decade on the changes to the “Stretch” IRA and $16.4 billion overall, according to the Congressional Research Service.
