A Qualified Personal Residence Trust can be used as part of your overall estate plan to transfer the family home to your children or grandchildren, without incurring federal estate tax. However, there are some tax considerations for your heirs if they choose to sell the property in the future. For more information on Qualified Personal Residence Trusts, read this C.P.A. Insight.
Dr. Gene, Ted and Bil discuss the market’s mixed news and how it weighs on earnings and GDP growth.
Auto insurance is generally a necessity, so it is best to understand the elements and dollar limits to the policy you are purchasing. For a close look at some of the options available and our recommendations, read this Insurance Know-How.
Ted Parrish, CFA, Dr. Gene and Bil Lako discuss the week’s economic releases.
Dr. Gene, Ted and Bil discuss what 2011’s higher taxes may mean for our economy, how to invest during inflationary times and what the November elections may bring.
Bil Lako, CFP® and Dr. Gene discuss some of the major considerations for converting a Traditional IRA to a Roth.
If you hire contractors for your business, you should review the list of determining factors provided by the IRS to help you classify workers either as employees or independent contractors. When reviewing the checklist, the IRS will make its decision on the whole picture of the professional relationship, not just a single factor. For more information on classifying workers, read this C.P.A. Insight.
Money market funds often used for emergency reserves or short term cash needs. Money market funds are generally considered a safe investment; however, it is still important for an investor to know the underlying investments before a purchase is made. For a general description of some of the investments found in money market funds, read this Investment Whys.
Dr. Gene and Ted discuss why they are both bullish on the market, as both the S&P and Dow were up over 2% for the week ending June 11. They look at several points of good news from both domestically and abroad.
The "Money Talks" hosts talk with insurance expert Jim Crone from CNT Financial about Index Annuities and what purpose they serve in an investment portfolio.