Category: Personal CFO

Financial Wellbeing Demands Specialized Wealth Care

Almost undoubtedly, you’ve entrusted a team of specialists to administer your professional and personal wealth care. Their jobs are wealth protection and advancement. At the very least these specialists should do you no harm.

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Should a Parent Serve as Trustee of a Special Needs Trust?

By SpecialNeedsAnswers 

It is common for a parent to want to be named as trustee of a special needs trust benefitting her child, especially when the parent is the one creating or funding the trust. There are many reasons why this makes sense. It positions the parent to have complete control over trust distributions. It is also very unlikely that anyone else can match the loyalty and dedication that comes from the strong filial bond between a parent and child….

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Pay a Fee for Life Insurance Consulting? Why Would I Do That?

By Bill Boersma

In the financial services world we are clearly used to paying fees; money management, mortgage transactions, banking, you name it. Life insurance… hold it! Why would I pay a fee for life insurance advice? That’s what I have an agent for.

In the life insurance world, the idea of fee-based consulting, though it is slowly gaining traction, is a bit novel. Though tremendous benefit may be attained by way of a sophisticated, methodical, nuanced consulting and management process, it is still met with industry and market skepticism as it’s “not the way we’ve always done it”….

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Public Service Announcement: Tax-Reform Critical Information

“An Act to Provide for Reconciliation Pursuant to Titles II and V of the Concurrent Resolution on the Budget for Fiscal Year 2018”


The good news: Tax reform is good for you.

The bad news: How good, ultimately depends largely on you.

Leveraging the tax reform for your ultimate benefit is a nuanced and layered undertaking. Financial, legal and business finance professionals must coordinate a unified strategy to maximize all the wealth preservation and enhancement opportunities….

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