Critical Estate Documents

Critical Estate Documents

  Joint Ownership Durable Power of Attorney Living Trust What does it do? Enables you to own property jointly with another person Authorizes someone to handle legal and financial decisions if you become incapacitated Holds your belongings until your death Can it...
Important Birthdays Over 50

Important Birthdays Over 50

Age 50 At age 50, workers in certain qualified retirement plans are able to begin making annual catch-up contributions in addition to their normal contributions. Those who participate in 401(k), 403(b), and 457 plans can contribute an additional $7,500 per year in...
What Is a 1035 Exchange?

What Is a 1035 Exchange?

According to the most recent information available, Americans have individual life insurance with a total face value of $14 trillion.1 Due to a variety of factors, these individuals may find themselves in circumstances where the specific life insurance policy or...