Basics Of Estate Tax Planning
We spend our lives trying to build our assets for retirement, and passing something on to our kids and grandchildren. We plan on how to save on income taxes,but overlook our estates. Many of us don’t even have wills or have them up to date.

The 7 Steps to Torpedo Your Estate and Tear Your Family Apart
Americans have generated an estimated $16 trillion in assets and savings with hopes that they’ll enjoy a comfortable retirement and provide a better life for their children and grandchildren. At least that’s the dream. However, as one of the country’s top financial advisors, the author, reveals in his new book, The 7 Biggest Mistakes Trustees Make, if we don’t carefully avoid these seven common mistakes in our estate planning the odds are pretty high that we’ll sink our financial futures and turn disgruntled family members against each other.

The Importance of Choosing a Beneficiary
Too often people choose a beneficiary on their retirement accounts and life insurance and never take the time to review them, to ensure that they’re correct. Choosing the right beneficiary can impact who gets your assets, how they’re distributed and may also impact estate taxes. Make sure your beneficiaries are correct so you, and not the courts, get to decide where your money goes.

This entry was posted on Wednesday, August 27th, 2008 at 6:00 am and is filed under Retirement. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.