Assets
Articles for Our Clients on Assets
What are you really worth? One of the fundamental aspects of your worth are your assets. How you manage, leverage and protect your assets are foundation of your worth. From your ability to produce income to your property holdings, there are many strategies and practices to be aware of in leveraging your assets.
The articles in the Assets section of our library are to help you orient, think, and care for your assets to further your financial strategies. The assets you have, and the assets you accumulate are the opportunity for Lasting Situations of Wealth™.
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October 7, 2011
As a parent, spouse, employee, you have a unique human life value to others. While much of the value you bring into these relationships may not be financial, or even financially quantifiable, a life insurance policy allows you to monetize your human life value when you are no longer there in person. When you obtain life insurance, you have monetized yourself.
The group, Financial & Tax Fraud...
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June 17, 2011
“Financial management” is an amorphous term. Because it has no clearly defined meaning, this phrase can be used to describe many activities. In the financial services industry, financial management may be associated with a range of diverse items, such as…
making investment portfolio decisions
using special accounts to receive and transfer assets
adopting analytical and planning models to...
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June 17, 2011
Liquid assets: Convertible, certain, with minimal restric-tions. Liquid assets are cash, or financial instruments that can easily be converted to cash, for a known amount, with limited conditions or fees. Currency, savings accounts, and other bank instruments are the most basic types of liquid assets. There are other asset classes that may meet the easily-convertible-to-cash requirement as...
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June 17, 2011
There are so many tax issues under discussion and so many regulations in flux, it can be hard to keep up with the changes. The challenge is even greater when Congress gives taxpayers two choices, then doesn’t get around to providing the paperwork to document your decision.
As a result of legislation passed in 2001, the federal estate tax lapsed on December 31, 2009, but was scheduled to be...
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May 7, 2011
Life Insurance in Estate Planning
A life insurance policy is often a vital instrument in an estate plan, because a life insurance benefit delivers a specific amount of cash upon the death of the insured. For the beneficiaries of an estate, life insurance can provide:
• ongoing income for living expenses,• educational funding, • liquidity...
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May 4, 2011
Estate Planning: A Pebble That Can Ripple for Generations
It is an indelicate question, one that almost seems impolite to ask…
What will happen to your stuff when you die?
As much as it might seem crass or rude, this is a legitimate and critical question for spouses, children, creditors, business partners, charities, even the government. The resolution of assets and obligations at one’s death...
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January 15, 2011
On December 13, 2010, BTN Research, referencing information from Forbes, published the following news item:
“George Steinbrenner, the principal owner of the New York Yankees baseball team, died on July 13, 2010. His net worth at death was an estimated $1.15 billion. Since he died in 2010, his estate will pay zero federal estate tax (under current law). Under the estate tax plan...
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January 7, 2011
A contrarian is someone who believes the herd is usually wrong: the herd is usually running just behind the curve, the herd buys high and sells low, and the herd is always chasing the next big thing, but never catching it. For contrarians, their best bet is to figure out how to zig when everyone else is zagging, and vice versa. Intelligent contrarians often make very profitable financial...
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August 30, 2010
Here’s the lead sentence from a July 19, 2010 report on the stock market from BTN Research:
The S&P 500 stock index fell 2.9% last Friday 7/16/10
Losing almost 3% of value in one day is a pretty big decline; for investors, July 16, 2010 was not a good day. However, it is worth noting that the July 16, 2010 decline had been preceded by eight consecutive days of gains – in the language of...
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August 2, 2010
Leanna
Murphy
How a Short Attention Span Can Hurt Your Financial Progress
Here’s an interesting financial transaction. See if you can follow this hypothetical example:
1. You borrow shares of stock XYZ from someone else’s portfolio.
2. You then sell the shares of XYZ and put the proceeds from the sale in your own account.
3. Over the next few days, you watch as the share price for XYZ goes down. You buy...
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