Archive - September 2012

1
Keep Your Estate Plan Current
2
How Is The Social Security Survivor Benefit Calculated?
3
Do I Really Need Renters Insurance?
4
College Planning – How Much Should Your Child Contribute?
5
A New Way to Pay Your Tax Bill

Keep Your Estate Plan Current

Estate planning is important, and it is just as important to make sure a qualified financial advisor reviews your estate plan on a regular basis to ensure that as laws change, your intentions can still be carried out.

After a death in the family, it is not uncommon for survivors to squabble over how an estate is distributed. It is also not uncommon for the heirs to be surprised at how federal and state law can alter the amount of money they receive. Reuters reported on how what happened to one California family offered “life lessons for the masses.” 

The …

Read More

How Is The Social Security Survivor Benefit Calculated?

This is one of those very complicated and difficult to understand areas of the Social Security universe, but it’s very important to know what amount of benefits a surviving spouse will be eligible for upon the passing of his or her spouse.

There are different rules that apply, depending upon whether or not the late spouse was already receiving benefits based on his or her own record, as well as the age of the surviving spouse when he or she begins receiving survivor benefits.

We’ll look at the easy one first: when the late or decedent spouse was not already …

Read More

Do I Really Need Renters Insurance?

Imagine you’re sitting on the couch one evening with your significant other trying to decide if you are going to go to bed. All of the sudden you hear a loud pop at the back of your house. You look up to see the entire back wall is engulfed in flames. By the time you get outside, the rest of the house is in flames and you are left standing in the street with no shoes, no car keys, no cell phone… nothing from inside your home.

This may seem like an extreme story, but it is something that happened …

Read More

College Planning – How Much Should Your Child Contribute?

It’s that time of year—that time of year when parents of college bound seniors get to sign up for the monthly payment plan. That time when you look at your kid and ask yourself whether it really is worth it to pay someone $56,000 to take them off your hands. Just kidding. But another question does arise—how much, if anything, should Jason or Jennifer be expected to pay?

Easy answer, huh? As much as possible! But what is really possible, in this economy? Herewith I share with you a view from the trenches, highly personal but with applicability to many

Read More

A New Way to Pay Your Tax Bill

It’s that time of the year again. It’s time to pay the piper and send in your quarterly estimated IRS tax payments.  Happy, happy, joy, joy!  It’s always fun to write that check.

Well, there’s a new (at least new to many of you) method to handle these payments.  The IRS has a system called the Electronic Federal Tax Payment System (EFTPS).  www.eftps.gov  The EFTPS is an online tool that allows us to make payments towards any federal tax liability. This free service really is a great way to easily handle the difficult quarterly payment issue.

You will need to …

Read More

Copyright 2014 FiGuide.com   About Us   Contact Us   Our Advisors       Login