David Lerner Associates: New Vets Pension Rates Released
The U.S. Department of Veterans Affairs (VA) provides a tax-free, supplemental pension to qualifying wartime veterans and their families.The latest MAPR rates, effective December 1, 2014, are available on the U.S. Department of Veterans Affairs website.
David Lerner Associates: Loans are a Primary Financing Sources for a Business
There are many sources of financing available to a business owner. Consider all options carefully before making any decisions. The following list of loan sources should provide some ideas.
David Lerner Associates: Analyzing Estate Planning and Income Tax Basis
Income tax basis may be essential when deciding whether to make gifts now or transfer real estate at your death. The income tax basis for the person receiving the property depends upon whether the transfer is by gift or at death.
Your Lifestyle After Retirement
Have you given any thought to how this lifestyle might change after retirement? It might be advisable to sit down with a professional financial planner who can guide you through your best options.
David Lerner Associates: Switching Professions? Take Your 401(k) and Roll It
Sometimes, you have no alternative - you need to use the funds. If so, try to minimize the tax impact. For example, if you have nontaxable after-tax contributions in your account, keep in mind that you can roll over just the taxable portion of your distribution and keep the nontaxable portion for yourself.
David Lerner Associates: Charitable Deduction
The charitable deduction allows you to take off the value of property you offer to charity from your property and might minimize any federal gift and estate tax that might be owed. Charitable gifting allows you to satisfy your personal philanthropic desires and satisfy your estate planning objectives.
Comprehending Investment Terms and Concepts
There are some fundamental principles you should understand when evaluating an investment opportunity or making an investment decision. The most important principle is simply good common sense.
David Lerner Associates: Women and Estate Planning Basics
When it comes to estate planning, women have unique concerns. Women live an average of 4.8 years longer than men, so there is a greater chance that they will need their assets to last longer, and they have a greater need to plan for incapacity. It also means that women need to take responsibility for their own estate planning.