Top Ten Trusts – 7 thru 10

Please note: I AM NOT AN ATTORNEY. DO NOT RELY ON ME FOR LEGAL ADVICE! This is the last installment of Top Ten Trusts. And a reminder there are dozens more than ten but these are the ones I've talked about with attorneys who have advised my clients over the years. Some of these trusts …

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Top Ten Trusts – 1 thru 3

First, I AM NOT AN ATTORNEY. DO NOT RELY ON ME FOR LEGAL ADVICE! However, I have been a financial planner for a long time and do know something about the relevance of trusts and how they might be used in a financial planning context. I decided to talk about this today ( and on …

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A Few Things to Know About Required Minimum Distributions (RMDs)

According the AARP, about 10,000 Americans turn 70½ every day of the year. If you’re in that group, and have money parked somewhere that you’ve identified as a retirement account, chances are you’ll have to start taking a RMD soon. First, a little background info. We’ve agreed that the Internal Revenue Service (IRS) is responsible …

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Beneficiary Designations: 5 Critical Mistakes to Avoid

My Comments: First, a disclaimer: I’m not an attorney. Second, in my 43 years as a financial planner and investment advisor, I’ve run across more than a few beneficiary mistakes that have been problematical. With all of us having a finite time on this earth, the issue of what happens to our stuff when we …

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7 Reasons Why You Should Fund A Health Savings Account

My Comments: This is #6 in a series of 6 blog posts about Heath Savings Accounts, or HSAs. They are a potential game changer for those of you who qualify in that they have tax advantages and can suplement whatever else you are doing to set aside money for retirement. The writer of the article …

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Health Savings Account Rules: 6 Little-Known HSA Tips That Will Save You Money

My Comments: This is post #5 in a series of 6 posts intended to help you better understand the advantages of HSAs. If your circumstances let you qualify for one, it could be a game changer when it comes to paying your bills in retirement. by Adella Cellini Linecker \ November 30, 2018 A health …

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Is an HSA a Good Place for My Retirement Savings?

If you think your HSA is only good for covering medical expenses, you're overlooking one of its key benefits. My Comments: This is #4 in a series of 6 blog posts intended to help someone not yet retired, and under Medicare age, make an informed decision about their health insurance. There are restrictions on who …

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