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Do More That Matters Legacy Planning, Greg Hammond

Estate and Legacy Planning – A Business Plan for LIfe

Entrepreneurs have vision, understand risk and reward, and are good at decision-making.  Why is it then that many don’t understand the importance of planning for their legacy or having an estate plan?  As an entrepreneur myself, I view estate and legacy planning like a business plan for life―a road map to long-term success and peace of mind.  There’s no escape from death and taxes, so we might as well plan for
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Stock Inversions Can Be Good for Nonprofits

Although corporate stock inversions have come under fire lately, U.S. based multinational companies continue to announce inversion plans. In an inversion transaction, the shareholders of the U.S. Corporation must exchange their shares for shares of the foreign parent corporation.  Although the stock inversion transaction qualifies as a tax-free reorganization that imposes no tax on the U.S. Corporation, this exchange
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Do More That Matters

The Need for Life Insurance

Let’s examine some uses for life insurance, the only asset class that can ensure the completion of proper funding for a myriad of unique planning needs – regardless of the state of the federal estate tax.
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Do More That Matters

Planning for Tax-Qualified Plans

When planning for tax-qualified plans such as IRAs, 401(k)s and qualified retirement plans, you should carefully examine the potential taxes that impact these assets. Unlike most other assets that receive a “basis step-up” to current fair market value upon the owner’s death, IRAs, 401(k)s and other qualified retirement plans do not step-up to the date-of-death value.
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How Financial Professionals Can Get In The Way

In the world of financial professionals, a major obstacle to getting people to do more is, unfortunately, the professionals themselves. Frequently, professionals such as attorneys, investment advisors, insurance professionals, and accountants tell us their clients aren’t interested in charitable giving but instead want to minimize taxes and maximize the wealth that their family and heirs will receive.
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Do More That Matters Legacy Planning, Greg Hammond

If you knew you could, wouldn’t you?

Financial Planning It is a rhetorical question, because the answer is a given.  If you knew you could, of course you would – it seems nobody would ever say otherwise. Any of us would if we honestly thought we could, right? The problem, however, is that all too many of us don’t know this and don’t believe we can. From our professional experience, we have come to realize that the vast majority of us really do have prov
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