Archive - June 13, 2012

1
Buy And Hold Works
2
How To Avoid Major Estate Planning Mistakes
3
Unfunded Living Trusts – Don’t Let It Happen To You
4
What Is Net Unrealized Appreciation?

Buy And Hold Works

It only works if you first do the most important thing in investing and that is to only buy when prices are low and only sell when prices are high. Any investment can be good if bought at a low price and a good quality company can be a bad stock investment if its price is too high. A component of buy and hold strategy should be to only buy enough risky assets that you can afford to hang onto during a crash. That way you are not forced to sell at the bottom due to a personal crisis such …

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How To Avoid Major Estate Planning Mistakes

It can be easy to forget how important estate planning is as you go about your daily routines. In ”7 Major Errors in Estate Planning,”  a Forbes  article written by Robert Clarfeld, ”not having a plan” is the first estate planning error on the list. You know the old saying, “If you fail to plan, you plan to fail.”

Forbes points out that technically each person does have an estate plan, but that it is one that will follow the whims of the state where you reside when you die. If you die without a legally binding will, your state …

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Unfunded Living Trusts – Don’t Let It Happen To You

I wanted to share with you a couple of key points about estate planning that you should know. One is about unfunded living trusts. What is that? You go to the attorney who sets up this document called a revocable living trust. You can access the money and it avoids probate. Sounds good, right? Well, if there is nothing in the trust, then it doesn’t work and your estate can go into probate which is a lengthy and expensive process.

So how do you put assets in a trust?

You title them correctly. For example, you wanted your savings account …

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What Is Net Unrealized Appreciation?

We’ve discussed how to utilize the Net Unrealized Appreciation (NUA) treatment of distributions from your qualified retirement plan (also known as QRP, meaning 401(k), 403(b), and other plans) – one of the earlier articles on Net Unrealized Appreciation can be found at this link.

Even though the process is explained in the earlier article, we didn’t discuss just what exactly can be treated with the NUA option.  How do you determine what part of the distribution can be treated with capital gains treatment?

In order to determine what is to be treated as unrealized appreciation, we need to define …

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