Has Gifting Lost Its Flair?
From 1987 to 1994, the Estate Tax Exemption was set at $600,000. If your estate was valued more than the exemption, you were assessed estate tax which could be as much as 55%. At that time, people often used their annual Gift Tax Exclusion to reduce the size of their...
3 Ways to Beat Inflation
Inflation is real and a serious threat to your retirement plan. Living comfortably on $8,000/month now could mean a second job 20 years from now considering historical inflation rates. In this post, I want to cover three things you can do now to beat inflation later....
Life Insurance. A Protected Asset
As I mentioned in another post, Life Insurance is not just about dying anymore. The policies today do so much more than they did even 10 years ago. It’s true. Life Insurance is designed to protect us from an untimely death and we’ve also learned that your death...
Life Insurance. It’s Not Just About Dying
About 10 years ago, a large insurance company asked some of their policy holders, “What do you want to see from your life insurance policy”? Someone in the room shouted, “Give us our money before we die!” As you might imagine, laughter filled the room. That day was...
