The estate planning market was originally conceived to handle the distribution of assets (mainly real estate) among the descendants of deceased rich people. There were two objectives to this exercise. Firstly, estate planning helped structure the distribution of wealth among the deceased’s spouse, children and other friends and relatives. The second objective was tax planning.
Each type of investment comes with its advantages and disadvantages. Nevertheless, millions agree that real estate is the best type of investment as the pros clearly outnumber and exceed the cons. If you are considering whether you should diversify your investment portfolio with a couple of real estate properties, here are the most important benefits
In Warren Buffett’s 2016 letter to Berkshire Hathaway shareholders he wrote, “If a statue is ever erected to honor the person who has done the most for American investors, the hands down choice should be Jack Bogle.” Jack Bogle is the founder of the Vanguard Company and created the first index fund in 1976. He
Your boss would love for you to feel like you have a stake in the company. After all, loyal employees put in longer hours, produce better work, and stick around for more years than those whose feelings about the organization can be summed up with a resounding, “Meh.” There’s just one problem: With job security a thing of
For a tax-conscious investor, finding tax-efficient investments is the key to successfully saving for retirement. Not everyone thinks about the tax consequences on their investments and trusts that their financial advisers will be knowledgeable before making a recommendation. Often, it is a challenge for advisers to educate themselves on all of the tax laws that
Sandy Tremain and her husband, Jeff, bought her 1960s Deerfield home in 2008. Back then the four-bedroom home with original pink bathrooms, galley kitchen and vintage appliances worked just fine. Six years later, though, the Tremains felt the time was ripe to move on. In that period, their household had grown to include three children,