You may not agree with how the product is used, sold or priced but you really have to respect the financial industry for being able to make a products to fit almost all situations. I recently heard about a relatively new product called a Longevity Annuity which seems to operate like an extended deferred annuity… Continue Reading
4 Year Anniversary!
It was a VERY hot day on June 14, 2008 when I married the love of my life. It amazes me to write this post, but the Wife and I got married 4 years ago today. What amazes me is not the fact that we have lasted 4 years together, but rather how much we… Continue Reading
An Estate Distribution Schedule That I Just Don’t Understand
Today, I was reminded of an Estate Distribution schedule not often found in Last Will and Testaments or Revocable Trusts, but enough to make me question why it would ever be included. Part of my daily activities at my office is reviewing clients’ and potential clients’ estate planning documents. Sometimes this includes just a 2… Continue Reading
5 Ways You Can Be Frugal Today
Its spring and it is a great time to do a little financial spring cleaning. There are a lot of ways that you can be frugal and save some money this year! Here are five easy ones you can do today! 1. Check Your Bank Accounts If you haven’t looked at your bank accounts in… Continue Reading
Energized and Focused
Last weekend The Wife and I went away for the first time without the boy and it allowed me to refocus on some goals and the reason for those goals. Despite growing up and even going to school on Long Island I had never been to Montauk so when The Wife suggested it I jumped… Continue Reading
What is a Grantor Retained Annuity Trust and What Does it Have to do With Facebook?
I am a little late to the story, but I was shocked to learn that a few of the Facebook founders used an estate planning technique known as a Grantor Retained Annuity Trust (GRAT) to help their future heirs save on estate taxes. It is very long term planning considering those mentioned in the article… Continue Reading
