Planning for Prosperity / Wealth Management Advisor

Showing 225–240 of 301 results

  • What does 2012 hold for your personal financial standing?

    January / February 2012
    Newsletter: Planning for Prosperity / Wealth Management Advisor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 523

    Abstract: The new year is a good time to reassess one’s personal financial standing for 2012. As this article explains, it begins with a measurement of personal net worth. It’s also important to evaluate one’s amount of homeowners and life insurance, along with contributions to retirement and health accounts.

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  • Money doesn’t grow on trees — Help your children acquire a saving and investing mindset

    January / February 2012
    Newsletter: Planning for Prosperity / Wealth Management Advisor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 550

    Abstract: It might be tough to convince children who are growing up in relative affluence of the importance of saving and investing. But they can have a rude awakening once they’re on their own. This article offers tips for teaching children how to respect the value of money. This includes having them earn their own money; showing them the value of compounding; and letting them help build an age-appropriate portfolio.

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  • Exemption portability not all it’s cracked up to be — Create a credit shelter trust as an alternative

    January / February 2012
    Newsletter: Planning for Prosperity / Wealth Management Advisor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 829

    Abstract: Married couples who are concerned about estate planning have probably heard about how the 2010 Tax Relief act provided for the “portability” of the estate tax exemption. But, without congressional action, gift and estate tax exemptions will decrease and tax rates will increase — and the portability of exemptions will expire, thereby increasing possible exposure to estate tax liability. However, as this article explains, a credit shelter trust can help protect assets.

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  • What to do when a fund manager leaves

    January / February 2012
    Newsletter: Planning for Prosperity / Wealth Management Advisor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 993

    Abstract: It might be tempting to sell a fund undergoing a portfolio manager (PM) change, but it pays to be cautious, and decide whether the fund can likely continue to deliver the kind of performance that originally made it attractive. In making this decision, it’s important to ask a number of questions: How important was the PM to the fund? Was he or she a “lone wolf” or part of a team? Has the management style changed? Does the new PM have the requisite experience for the kind of fund he or she will be managing? This article addresses these questions, while a sidebar notes that a PM’s “poor” track record can be deceptive.

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  • The tax lay of the land – Familiarize yourself with a new state’s tax laws

    November / December 2011
    Newsletter: Planning for Prosperity / Wealth Management Advisor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 638

    Abstract: This article discusses the case of “Justin,” who is purchasing a second home in another state to be closer to a sick family member. But he still expects to spend time during the year in his old home. His tax advisor then called to inform Justin about his new state’s tax laws and the need to establish a legal “domicile,” or principal place of residence. He explains that a person can have many homes but only one domicile, and discusses how to establish one so as to obtain the most advantage of states’ different tax laws.

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  • HSA + HDHP = cost-effective health care funding

    November / December 2011
    Newsletter: Planning for Prosperity / Wealth Management Advisor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 773

    Abstract: Because of the rising cost of health care, individuals are looking for cost-effective ways to fund it. The combination of a Health Savings Account (HSA) and a high-deductible health plan (HDHP) is one solution. This article explains the basics of how they operate together, what it takes to qualify, and why this solution might be better for some than for others. A sidebar shows the 2012 HSA contribution limits and HDHP costs.

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  • Gain financial flexibility with a savings plan

    November / December 2011
    Newsletter: Planning for Prosperity / Wealth Management Advisor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 488

    Abstract: A person who’s achieved some measure of earning power might be inclined to think that saving will somehow take care of itself. That would be a mistake. There’s no telling when an unexpected turn of events, such as a job loss or an extended illness, could quickly empty one’s bank account. Consequently, the smartest strategy is to begin saving as much as possible, as early as possible. This article offers tips for getting started early.

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  • Is it time to sell? Knowing when to get rid of a security requires strategy

    November / December 2011
    Newsletter: Planning for Prosperity / Wealth Management Advisor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 666

    Abstract: If an investment is doing well, the tendency is to want to stick with it to see if it does even better. If it’s doing poorly, the inclination is to hang on until it’s back to breakeven. But both of these scenarios can turn out badly. So when is the right time to sell? This article offers some reasons to sell, such as when a company is in decline or it’s necessary to balance one’s portfolio. A sidebar discusses selling in tax-deferred vs. taxable accounts.

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  • A primer on the probate process

    September / October 2011
    Newsletter: Planning for Prosperity / Wealth Management Advisor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 266

    Abstract: This brief article explains the probate process and why it’s generally desirable to avoid probate, if possible. It mentions strategies for avoiding or minimizing probate, but they depend largely on the complexity of one’s estate.

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  • Do you need long-term care insurance? Weigh the costs and benefits before deciding

    September / October 2011
    Newsletter: Planning for Prosperity / Wealth Management Advisor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 672

    Abstract: Long-term care (LTC) generally isn’t covered by Medicare or other health insurance. Because of the increasingly high costs associated with LTC services, an LTC insurance policy is worth considering. This article discusses options available, including a new federally administered program called Community Living Assistance Services and Supports (CLASS), which will be available after October 2012. The article also discusses the self-insurance option.

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  • Turning your ownership interest into cash for retirement

    September / October 2011
    Newsletter: Planning for Prosperity / Wealth Management Advisor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 821

    Abstract: Business owners have many options to get cash out of their businesses so they can retire comfortably. This article describes what’s involved in selling to different types of buyers: co-owners or family; managers or employees; or outsiders. Alternatively, one can derive cash from the business without selling it, through such vehicles as a deferred compensation agreement, a severance package, a covenant not to compete, or defined benefit plans and target benefit plans.

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  • ETFs vs. mutual funds – Both have merit, depending on your goals

    September / October 2011
    Newsletter: Planning for Prosperity / Wealth Management Advisor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 773

    Abstract: Exchange-traded funds (ETFs) have exploded in popularity since their introduction in the early 1990s. Both ETFs and mutual funds allow investors to invest in a variety of securities, providing the potential for instant diversification. However, in many ways, ETFs are a more flexible and easily traded product. As this article explains, that flexibility can be both an advantage and a disadvantage. It discusses the differences between the two kinds of products, including fees and expenses, and looks at the ever-more-exotic strategies that some ETFs and mutual funds offer.

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  • Rebalanced your portfolio, recently? If not, unintended risks may increase

    July / August 2011
    Newsletter: Planning for Prosperity / Wealth Management Advisor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 592

    Abstract: Without rebalancing one’s portfolio it’s possible to become exposed to more risk than initially intended. This article explains the reasons to rebalance and the steps to take to do so. However, rebalancing involves buying and selling securities, which can expose an investor to capital gains tax when working within a taxable investment account. So it’s important to decide whether tax costs may outweigh the potential long-term performance benefit of rebalancing.

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  • Playing catch-up with your retirement savings

    July / August 2011
    Newsletter: Planning for Prosperity / Wealth Management Advisor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 513

    Abstract: For those who are age 50 or older, “catch-up” contributions are one tool that can quickly build — or rebuild — a retirement fund. These contributions over and above the regular annual contribution limits offer the opportunity to add meaningfully to savings over time. This article offers an example of how much of a difference it can make to take full advantage of catch-up options, and provides a table showing how much can be contributed to traditional 401(k), 403(b) or 457(b) plans, along with SIMPLEs and IRAs.

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  • The new estate tax regime – Greater wealth-transfer opportunities now available

    July / August 2011
    Newsletter: Planning for Prosperity / Wealth Management Advisor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 546

    Abstract: With the passage of the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act late last year, the estate tax law is set through 2012. But if Congress doesn’t take additional action, the estate tax will revert to levels prescribed by pre-2001 tax law beginning in 2013. Still, even with this uncertainty, the next two years offer an ability to transfer greater amounts of wealth out of one’s estate, thus lowering liability. This article discusses the increase in the gift and estate tax exemptions and the “portability” of the latter for married couples.

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  • The brighter side of capital losses – There’s opportunity in that red ink

    July / August 2011
    Newsletter: Planning for Prosperity / Wealth Management Advisor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 883

    Abstract: Capital losses are an almost inevitable part of investing. But they can be used to lower tax liability and reposition one’s portfolio. This article explains the basics of capital losses, including the “wash sale rule” that disallows some losses, and shows how to incur capital losses without running afoul of the rule. A sidebar discusses the implications of Congress’s two-year extension of the 15% rate on long-term capital gains.

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