 Affluent
|
|
|
|
Top 10 Estate Planning Mistakes |
| Now that you have read A Tale of Two Families,
you hopefully have a better understanding of why estate planning can be
so valuable. This article will help uncover some of the most commonly
overlooked aspects of estate planning and some easy ways to avoid its
pitfalls.
|
|
The Tale of Two Families |
| Well-illustrated stories about Joseph Robbie and
Jacqueline Kennedy Onassis help to understand the two sets of federal
estate tax laws. These two sets of laws, as defined by this article, are
either for the ignorant or the informed. This article can help you
protect your estate from taxes with different opportunities for estates
as large as $1 million, $10 million and even up to $100
million...tax-free!
|
|
Estate Planning: Protecting Your Family |
| Everything you own at the time of your death may
be considered to be part of your estate. This usually includes your
home, bank accounts, insurance policies and any other important assets.
Have you thought about what will happen to all of these things when
you're gone and where the control of these things will be? A carefully
developed estate plan can save your estate recipients and your family a
lot of trouble. Read this article to find out what goes into an estate
plan.
|
|
Financial Planning Checklist |
| Once you've finished with your year-end filing
and your return is on its way to the IRS, take a minute to consider
these questions concerning short and long-term financial goals, IRAs,
Keoghs, employee benefits, your children(s)' education, emergency funds
and many others. These planning techniques can help you decide if the
money you have left over is really left over money!
|
|
Are You Getting Good Financial Advice? |
| Finding financial guidance is easy, judging the
worth of it can be a much tougher task. Even hiring a professional
adviser is no guarantee you'll get great advice. If you're paying
someone for a personalized plan, you especially want to make sure you're
getting your money's worth. Don't just look at the numbers, what's your
gut telling you?
|
|
Swap Tactic Lets You Defer Capital-Gains Tax |
| "Like-Kind Exchange" can apply to many kinds of
real estate trade-ups. Section 1031 is valuable to those involved in
trading and can also be very tricky (and costly) if not carefully
executed. This article is an interesting introduction to section 1031
and highlights many of its advantages along with some important planning
tips.
|
|
Are You A Tax Time Bomb? |
| Learn the Six Commandments for Staying Out Of
Jail and how simple they really are to follow. The last thing we all
want is a painful and expensive federal audit. When executed, these six
items can help you sleep soundly at night.
|
|
IRS Targets: What To Do If You're One Of Them |
| The IRS targets 4 types of taxpayers for regular
audits. If you're self employed, work out of your house, hire
independent contractors or haven't filed a return recently, here's what
to do.
|
|
How To Neutralize The IRS's Power |
| Considering that that the IRS is solely
responsible for collecting Federal taxes and imposing penalties for
late, understated or evasive filings, the IRS poses one of the largest
financial threats to many individuals and business owners. Here's how to
neutralize their power.
|
|
How To Avoid An Audit Completely |
| Successfully avoiding audits, while still
claiming significant deductions is possible if you follow 11 simple
steps.
|
|
Yearly Tax Calendar |
| Although timing of some activities is critical,
it's important to review all tax considerations from the perspective of
your specific needs and establish an individualized planning calendar.
This short article highlighting key points of yearly tax planning,
broken up into quarters, is a great guide to model your customized plan
by.
|
|
Current Tax Rates |
| The tax rates seem to change every year. Here's
the rates for the current year.
|
|
Click Here To Return
To The Success Strategies Home Page |
