04 Mar
March 04, 2020

Albert Einstein said, “The most powerful force in the Universe is compound interest.” He referred to it as one of the greatest “miracles” known to man.

Compound interest is interest added to the principal of your investment so that from that moment on, the added interest also earns interest. This addition of interest to the principal is called compounding, and the outcome can be very powerful.

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15 Nov
November 15, 2013

I’m not talking about an exercise plan. I’m talking about stretching the benefits of your IRA.

Many people will not spend all the money in their IRAs and they are looking for multigenerational planning techniques. A Stretch IRA can be the perfect solution. A stretch IRA is a wealth transfer method that allows you to potentially “stretch” your IRA over several future generations.

As an IRA owner, you are required

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14 Jul
July 14, 2009

 The main responsibility of an Executor is to distribute property to the beneficiaries ccording to the instructions set out in a person’s will. It may sound simple, but executors are often faced with many duties that can become complicated and time consuming. It is usually best to get advice from professionals including an attorney, accountant, and financial planner. You may perform some or all of the following steps when settling an

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06 Feb
February 06, 2009

If you use a cell phone or have recently added your teenager to your cell phone contract, you need to read on. I have not talked to a parent yet that has not been surprised at least once by a phone bill that has exceeded their mortgage payment. Why? Because of hidden fees and charges for services they had no idea they had or used.

Many features are automatically available on your phone. Just because you didn’t buy it doesn’t mean

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04 Feb
February 04, 2009

The temptation is almost impossible to resist. You are standing at the checkout counter with your new spring wardrobe and the sales clerk asks you if you want to save 15% by opening a store credit card. You think, “Wow, I could save $100 just by signing up for a credit card. I would never have to use it again and can always cancel as soon as I pay off the balance.”

Sounds like a winning situation,

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11 Jan
January 11, 2007

Did you know that the federal government has established guidelines for gift tax exemptions and gift tax rates for all property? While these guidelines are generous– everyone has a lifetime gift tax exemption of $1,000,000– it’s still important for you to understand them.

In 2007 and 2008, the IRS determined that gifts under $12,000 per person, per year, were exempt from a federal gift tax.  Gifts over the annual $12,000 per person limit are called “taxable gifts.”  In the

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