Why You Need a Durable Power of Attorney
Who will handle your financial affairs if you become incapacitated and cannot do so yourself? If you have a Durable Power of Attorney, the answer is whoever you selected. If you don't, the answer may be "whoever the court decides."If you are not married, without planning, no one likely will have any pre-existing ability to handle your financial affairs. If you are married, your spouse can probably take care of the basic bill paying and many other financial transactions (since these are in both names). But even then, items such as the sale of an investment or home that require both spouses' signatures or any assets that are in your name alone will be a problem. Banks, brokerage firms, title companies, etc.
will only deal with someone other than the owner if authorized by a court order or under Durable Power of Attorney. Obtaining authority from the court can be an expensive and on-going process, ending with someone other than who you would have wanted handling your money and financial affairs.Creating a Durable Power of Attorney allows you to select who will make your financial decisions if you are unable, and to control the powers given. You can provide broad power, allowing your agent to do whatever you could do, or restrictive the powers given to certain specified financial areas. You can also have the Durable Power of Attorney be "immediate," meaning the person selected has the power to act on your behalf as soon as it is signed; or it can be "springing," which means the Durable Power of Attorney does not become effective until (and unless) you become incapacitated.In addition to planning for handling your financial affairs if you become incapacitated, you should consider similar incapacity planning for your health care decisions. To find out more, please see our article titled Why You Need an Advanced Health Care Directive at http://www.baconlaw.com/estateplanning/health-care-directive.htm..
Asset Planning Strategies to Host Wealth Management Seminar with Ken Stern for Accredited Investors
Bingham Farms, Mich. (ContentDesk) June 14, 2006 -- Asset Planning Strategies (APS), a Michigan branch of First Allied Securities and the investment advocate of estate, tax, financial planning and money management services to the Great Lakes region, announced today that professional money manager Ken Stern will speak at an upcoming wealth management seminar exclusively for accredited investors. The special seminar entitled Wealth Management with Ken Stern is scheduled for Thursday, June 29th, 2006 at Andiamos Restaurant in West Bloomfield, Mich.
Stern is the host of WJR 760 AM Saturday broadcast of Your Money & Ken Stern, sponsored each week by Asset Planning Strategies.
Stern also is the president and founder of Ken Stern & Associates, Inc., having earned the Certified Financial Planner" certification from the Board in Denver, Colorado.Accredited investors may register for the seminar by calling 1.877.728.7878 or visiting
Asset Planning Strategies to Host Wealth Management Seminar with Ken Stern for Accredited Investors 
Financial planning > Asset Planning Strategies to Host Wealth Management Seminar with Ken Stern for Accredited Investors
Retirement Planning Tools Give Dangerous Advice
(ContentDesk via ContentDesk Direct) February 12, 2006 -- Most retirement planning tools offer dangerous advice to retirees seeking to determine how much they can withdraw each year from their stock portfolios, according to a four-year research project. Rob Bennett, founder of the Financial Freedom Community (a group of Internet discussion boards), today announced the launch of an effort to bring the community's findings to the attention of retirees before the flaws in the retirement planning tools cause millions of busted retirements. Thousands of the worlds best savers and investors--middle-class workers who achieve financial freedom in their 40s or 50s--have studied this question in great depth, said Bennett. All of the evidence points to the same conclusion--most retirement planning tools are gravely flawed. The flaw is that most retirement planning tools identify a single withdrawal rate as safe. For example, a retirement planning...
Retirement Planning Tools Give Dangerous Advice
Financial planning > Retirement Planning Tools Give Dangerous Advice
Financial Industry Expert Steps Out From Under The ?UMBRELLA?.
Troy, MI (ContentDesk) October 27, 2004 -- Mary Ann Golin CFP?, CRPC, a leading Financial Expert & Advisor, breaks from Merrill Lynch to launch GOLIN CONSULTING, LLC, an Expert Witness and Financial Planning Services company headquartered in Troy, MI, offering its services throughout the United States.Since the beginning of her career in 1981, Golin boasts an unblemished CRD as a Financial Consultant and Branch Manager, and has served as an NASD Arbitrator since 1988 and Chairperson since 1996, is a member of the Financial Planning Association, and is a distinguished MENSA member."The ability to analyze the investment at issue, provide information as to the rules violated, and appropriately assess the damages is what both counsel and client look for in an Expert Witness." Says Golin.With extensive court experience and legal knowledge, Golin Consulting provides claimants and respondents with expert witness services during securities & investment litigation, arbitration and mediation with...
Financial Industry Expert Steps Out From Under The ?UMBRELLA?.
Financial planning > Financial Industry Expert Steps Out From Under The ?UMBRELLA?.
Turbocharged Financial Planning
Financial planning is an ongoing process individuals and businesses should implement by organizing all aspects of their finances. This will assist in identifying financial goals, providing a comprehensive written Financial Plan, and implementing the plan in accordance with the objectives that are most important to you.Comprehensive financial planning should involve these areas and these specific questions.ESTATE PLANNING
- How can you accumulate a sizable estate to pass on as a family legacy?
- How will your hard-earned assets be distributed after your death?
- How can you minimize federal estate taxes and state inheritance taxes?
- How can you best provide for your surviving spouse and children?
- Whom do you want to carry out your wishes?
- How can you accumulate enough in retirement savings and pension benefits to enjoy a comfortable retirement free of financial worry and not be a burden to your family?
- How much (or little) can you expect...
Financial planning > Turbocharged Financial Planning
Why You Need a Durable Power of Attorney
Who will handle your financial affairs if you become incapacitated and cannot do so yourself? If you have a Durable Power of Attorney, the answer is whoever you selected. If you don't, the answer may be "whoever the court decides."If you are not married, without planning, no one likely will have any pre-existing ability to handle your financial affairs. If you are married, your spouse can probably take care of the basic bill paying and many other financial transactions (since these are in both names). But even then, items such as the sale of an investment or home that require both spouses' signatures or any assets that are in your name alone will be a problem. Banks, brokerage firms, title companies, etc.
will only deal with someone other than the owner if authorized by a court order or under Durable Power of Attorney. Obtaining authority from the court can be an expensive and on-going process, ending with someone other than who you would have wanted handling your money and financial...
Why You Need a Durable Power of Attorney
Financial planning > Why You Need a Durable Power of Attorney
Felten and Associates Announces Major Corporate Expansion
(ContentDesk) June 9, 2005 -- Felten & Associates announces a major corporate expansion to include offices in Stuart, Florida and Woodstock, Vermont; in addition to its corporate office in Vero Beach, Florida.
Ken Felten, owner of Felten & Associates announced that the demand for the insurance and financial services offered through their Vero Beach location has increased to the point where branch offices in Stuart are now necessary.
Expansion into Vermont was considered after so many of Felten & Associates' clients voiced their desire for Felten & Associates' insurance and financial planning services for their northern locations.
"Vermont is centrally located in an area that our clients migrate to every summer.
We want to have offices located close to their winter homes on the Treasure Coast and a location close to their homes along the northeastern seaboard." stated Felten.
Ken Felten announced that future branch openings in other northern...
Felten and Associates Announces Major Corporate Expansion
Financial planning > Felten and Associates Announces Major Corporate Expansion
DANIEL F. YASHAREL, Named an Accredited Estate Planner
(ContentDesk) September 10, 2004 -- DANIEL F. YASHAREL, MSFS, CFP?, CLU?, ChFC?, SENIOR VICE PRESIDENT, The AFP GROUP is newly certified as an Accredited Estate Planner by the National Association of Estate Planners & Councils.
His office is at 11835 W. Olympic Boulevard, Suite 1150 East, Los Angeles, CA 90064.The Accredited Estate Planner (AEP) designation is a graduate level specialization in estate planning designation, obtained in addition to already recognized professional credentials within the various disciplines of estate planning.
The AEP designation is available to attorneys, Chartered Life Underwriters, Certified Public Accounts, Certified Financial Planners?, Chartered Financial Consultants and Certified Trust and Financial Advisors.
It is awarded by the National Association of Estate Planners and Councils (NAEPC) to recognize estate planning professionals who meet stringent requirements of experience, knowledge, education, and professional reputation...
DANIEL F. YASHAREL, Named an Accredited Estate Planner
Financial planning > DANIEL F. YASHAREL, Named an Accredited Estate Planner
Why You Need a Durable Power of Attorney Financial planning pool table
California Home Loans
A home loan is a loan taken against your home or property. For every loan there is a rate of interest that might be variable or fixed. A variable rate of interest fluctuates according to market movements and inflation rates. When you take a home loan you need to pay back the loan amount as well as the accumulated interest on that amount through equated monthly installments. Home loans can be for a short term or long term.
The various types of home loans available in California...
Financial planning > California Home Loans
Financial planning
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