Learning To Expect The Unexpected
By Benjamin C. Sullivan, CFP®
June 15, 2009
Just when we thought we knew how risky financial markets could be, the past year’s roller coaster ride reminds us that what lies ahead can be scarier than what came before. Although some variant of the disclaimer “past performance is not indicative of future results” is slapped onto nearly every financial prospectus, professionals continue to view [...]
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Tags: InvestmentJune 15, 2009
Just when we thought we knew how risky financial markets could be, the past year’s roller coaster ride reminds us that what lies ahead can be scarier than what came before. Although some variant of the disclaimer “past performance is not indicative of future results” is slapped onto nearly every financial prospectus, professionals continue to view [...]
To read the complete article, click here.
Fixing That ‘Irrevocable’ Trust
By Shomari Hearn, CFP®, EA
June 15, 2009
By definition, when something is irrevocable, it cannot be altered — unless you are talking about trusts. An irrevocable trust can be a very effective wealth-transfer vehicle. The assets used to fund the trust, as well as any appreciation they generate, escape estate tax upon the death of the settlor, or person establishing the trust. The [...]
To read the complete article, click here.
Tags: Personal Financial PlanningJune 15, 2009
By definition, when something is irrevocable, it cannot be altered — unless you are talking about trusts. An irrevocable trust can be a very effective wealth-transfer vehicle. The assets used to fund the trust, as well as any appreciation they generate, escape estate tax upon the death of the settlor, or person establishing the trust. The [...]
To read the complete article, click here.
Don’t Bet On Long-Term Care Insurance
By Anna K. Pfaehler, CFP®
June 15, 2009
Long-term care insurance is unlikely to reach old age. Plagued by adverse selection, an aging population and escalating costs, the product is unsustainable and does not merit your investment. About 70 percent of people currently age 65 or older will require long-term care and more than 40 percent will need to be in nursing homes, according [...]
To read the complete article, click here.
Tags: Personal Financial PlanningJune 15, 2009
Long-term care insurance is unlikely to reach old age. Plagued by adverse selection, an aging population and escalating costs, the product is unsustainable and does not merit your investment. About 70 percent of people currently age 65 or older will require long-term care and more than 40 percent will need to be in nursing homes, according [...]
To read the complete article, click here.
