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Key Estate Planning Documents You need

6/09/2016

There are five estate planning documents you may need, regardless of your age, health, or wealth: 1. Durable power of attorney 2. Advanced medical directives 3. Will 4. Letter of instruction 5. Living trust The last document, a living trust, isn't always necessary, but it's included here because it's a vital component of many estate plans. Key Estate Planning Documents You Need (/LiteratureRetrieve.aspx?ID=233685) ..

Family Business Succession Planning

5/11/2016

As a business owner, you're going to have to decide when will be the right time to step out of the family business and how you'll do it. There are many estate planning tools you can use to transfer your business. Selecting the right one will depend on whether you plan to retire from the business or keep it until you die. Family Business Succession Planning (/LiteratureRetrieve.aspx?ID=233001)  ..

The Retirement Income Gender Gap...

4/14/2016

When you determine your retirement income needs, you make your projections based on the type of lifestyle you plan to have and the desired timing of your retirement. However, you may find that reality is not in sync with your projections, and it looks like your retirement income will be insufficient to meet your estimated expenses during retirement. This is called a projected income shortfall. The Retirement Income Gender Gap... (http://www.finestonepartners.com/LiteratureRetrieve ..

March 2016: Transferring Your Business Interest with a Buy-Sell Agreement

3/17/2016

Events like the death, disability, or retirement of an owner don't have to mean the end of the business. Business succession planning can provide for an orderly transition of ownership and business management, during lifetime or at death. One tool used in business succession planning is the buy-sell agreement. A properly designed buy-sell agreement can allow you to keep control of your business until death, disability, retirement, or other specified event. This discussion will provide an ove ..

February 2016: All about IRA's

2/02/2016

An individual retirement arrangement (IRA) is a personal retirement savings plan that offers specific tax benefits. In fact, IRAs are one of the most powerful retirement savings tools available to you. Even if you're contributing to a 401(k) or other plan at work, you should also consider investing in an IRA. February 2016: All about IRA's (/LiteratureRetrieve.aspx?ID=149578) ..

January 2016: Selling your Business to a Non-family

1/01/2016

When you sell your business to a family member, your objective may be to keep the business within the family and make it as easy as possible for your relative to make the purchase. When you sell your business to nonfamily, however, your primary objective may be to get the highest possible price for the sale while delaying recognition of capital gain for as long as possible by maintaining a stock position in the acquiring company. When you sell to nonfamily, you may not be subject to the same ..

December 2015: Changing Jobs? Take your 401K and roll it

12/03/2015

If you've lost your job, or are changing jobs, you may be wondering what to do with your 401(k) plan account. It's important to understand your options. Changing jobs?... (/LiteratureRetrieve.aspx?ID=151258) ..

November 2015: Selling your Business to non-family

11/01/2015

When you sell your business to a family member, your objective may be to keep the business within the family and make it as easy as possible for your relative to make the purchase. When you sell your business to nonfamily, however, your primary objective may be to get the highest possible price for the sale while delaying recognition of capital gain for as long as possible by maintaining a stock position in the acquiring company. When you sell to nonfamily, you may not be subject to the same ..

October 2015: Rollovers

10/23/2015

In general, a rollover is the movement of funds from one retirement savings vehicle to another. You may want, or need, to make a rollover for any number of reasons--your employment situation has changed, you want to switch investments, or you've received death benefits from your spouse's retirement plan. There are two possible ways that retirement funds can be rolled over--the 60-day rollover and the trustee-to-trustee transfer. October 2015 Newsletter: Rollovers (/LiteratureRetrieve.aspx?ID ..

September 2015: Working During Retirement

9/01/2015

Planning on working during retirement? If so, you're not alone. An increasing number of employees nearing retirement plan to work at least some period of time during their retirement years. September 2015 Working During Retirement (/_literature_228626/September_2015_Working_During_Retirement) ..