Yeah, it’s Saturday!! We are pleased to offer you this summary version of our posts for the past week. We hope you have a great one.
(Monday, December 02, 2013) Empathy for Aging Loved Ones in Little Rock, AR ... Even If They Grumble
Now I am 86 and almost blind. I cannot read the bills that come in the mail nor sign my own checks. I must be escorted to medical appointments. My busy children are kind beyond measure, but I am uncomfortable in these situations. And being uncomfortable makes me sharp and unpleasant.
Reference: The New York Times – The New Old Age Blog (November 8, 2013) “‘A Very Ungrateful Old Lady’”
(Tuesday, December 03, 2013) The "Appreciation" Of Giving, Literally
I know that most people will simply write a check to their charity of choice but for many, there is a more tax efficient way to gift, right?
Reference: Forbes (November 6, 2013) “Gifting Appreciated Securities: A Win-Win-Win Scenario”
(Wednesday, December 04, 3013) When An Inheritance Hinders Financial Aid
"Kids inherit money. We don't want it."
Reference: Forbes (November 18, 2013) “An Inheritance That Could Foul Financial Aid”
(Thursday, December 05, 2013) Insurance And Financial Planning Go Hand In Hand in Little Rock, AR
Discomfort with the details prevents many people from obtaining the necessary coverage.
Reference: USA Today (November 10, 2013) “Insurance is most ignored in financial planning”
(Friday, December 06, 2013) Responsible Wealth Transfers in Little Rock, AR
In the end, the goal is to convert what is otherwise a fleeting inheritance into a perpetual wealth management opportunity for the family. This goal can only be accomplished through proper, coordinated planning.
Reference: Financial Advisor (November 7, 2013) “Avoiding Wealth’s Death Spiral”
Manage Your Wealth Today to Protect Your Legacy Tomorrow
Building wealth is only half the job. Protecting wealth for your loved ones and yourself is equally important. Through estate planning and corporate, real estate and elder law, Ball & Stuart, PLLC will help you protect everything you love--family, friends and favorite charities.
Wayne B. Ball is a Little Rock estate planning and probate attorney serving families and businesses in Arkansas for more than 25 years.
To comply with the U.S. Treasury regulations, we must inform you that (i) any U.S. federal tax advice contained in this blog was not intended or written to be used, and cannot be used, by any person for the purpose of avoiding U.S. federal tax penalties that may be imposed on such person and (ii) each taxpayer should seek advice from their tax adviser based on the taxpayer’s particular circumstances.
For educational purposes only, compliments of Ball & Stuart PLLC. Not intended as legal advice. For information on how to properly plan your estate, the services of a competent professional should be sought.