Finance & Planning -

Learn more about Hills Bank Live Local Movement – LIVING WELL Magazine

March 4, 2012 LIVING WELL Magazine Comments Off

Bringing It Home
By Barb Colehour, Hills Bank, Linn County LIVING WELL Magazine
Thanks to the internet, you’ve got the world at your fingertips—unique shopping experiences, travel planning, streaming videos, and social networking are ready and waiting at the touch of a key—but what about the world just outside your door? Those same opportunities can be found right in your hometown, and Hills Bank’s Live Local program encourages you to do just that: live locally. […]

Pinnacle Mortgage on Common Myths about Reverse Mortgages – LIVING WELL Magazine

March 1, 2012 LIVING WELL Magazine Comments Off

Common Myths about Reverse Mortgages

By Carl Benefield, Northshore & New Orleans LIVING WELL Magazines
A reverse mortgage enables homeowners 62 and older to convert part of the equity in their homes into cash without having to sell the home, give up title, or take on a new monthly mortgage payment. The homeowner continues to pay insurance and taxes, live in and maintain the home. […]

Goldberg Law on how the new tax laws affect you – LIVING WELL Magazine

February 15, 2012 LIVING WELL Magazine Comments Off

THE NEW TAX LAW – What it means to You

By Douglas G. Goldberg, Esq., Colorado Springs LIVING WELL Magazine

On December 17, 2010, Congress passed, and President Obama signed, the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 (the “Act”). This article provides a brief summary of the Act in the areas of income, estate, gift and generation skipping taxes. […]

Southeast Louisiana Home Health on living with COPD – LIVING WELL Magazine

February 3, 2012 LIVING WELL Magazine Comments Off

Living With COPD

By Heather Branch, RN, Southeast Louisiana Home Health, Northshore & New Orleans LIVING WELL Magazines
As fall rolls around once again, so do all those pesky allergies causing inflammation and sometimes infection. The elderly, especially, need to be proactive in preventing flare-ups (exacerbations) of respiratory diseases such as asthma and bronchitis. […]

Life Certain Wealth Strategies on tax efficiency in retirement – LIVING WELL Magazine

January 27, 2012 LIVING WELL Magazine Comments Off

TAX EFFICIENCY IN RETIREMENT

How much attention do you pay to this factor?

By Herb White, CFP, MBA, Life Certain Wealth Strategies, East Denver LIVING WELL Magazine
Could you end up paying higher taxes in retirement? Do you have a lot of money saved in a 401(k) or a traditional IRA? If so, you may be poised to receive significant retirement income […]

Douglas G. Goldberg, Esq., on charitable giving – LIVING WELL Magazine

January 24, 2012 LIVING WELL Magazine Comments Off

Charitable Giving
By Douglas G. Goldberg, Esq., Colorado Springs LIVING WELL Magazine
“No person has ever been honored for what he received. Honor is our reward when we give.” – Calvin Coolidge, former President of the United States

Contrary to popular belief, you don’t have to be John D. Rockefeller or Bill Gates to be involved in philanthropy. Men and women of all ages, races, religions, and financial status give. Whether they give several hundred thousand dollars to a major building project or provide a meal for the elderly lady who lives down the street, doing well by doing good is running rampant in our country.
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Davidge & Wright, L.P., on the perils of do-it-yourself wills and trusts – LIVING WELL Magazine

January 24, 2012 LIVING WELL Magazine Comments Off

Do It Yourself?
By Miller Davidge, Davidge & Wright, Denton LIVING WELL Magazine
There are many reasons people don’t hire an attorney to prepare their wills and other estate papers. Some people want to keep everything private, and are afraid of disclosure to any third person, even a lawyer. Sometimes people don’t want to appear uneducated (people who have not seen me try and change the oil in my car or program my electric coffee maker). […]

DATCU Credit Union on consolidating accounts – LIVING WELL Magazine

January 21, 2012 LIVING WELL Magazine Comments Off

Never Put All Your Eggs in One Basket? Maybe it’s time to reconsider…

Courtesy DATCU Credit Union, Denton LIVING WELL Magazine
Remember that old cliché, “never put all your eggs in one basket”? Well, in some circumstances, that might not be the best advice. Today, when shopping, most people enjoy the simple convenience of swiping a debit or credit card. Now that recent legislation is capping the fees that financial institutions can charge for debit card use, big banks are scrambling to find ways to re-coup that money. […]

Chayet & Danzo, LLC, on estate plans – LIVING WELL Magazine

January 17, 2012 LIVING WELL Magazine Comments Off

“How do I know if I need to update my Estate Plan?”

By Frank J. Danzo, III, Esq. and Marco D. Chayet, Esq., Chayet & Danzo, LLC
1. You or a close family member are over age 45

If you or a close family member are older than age 45, you may not be able to make decisions on behalf of yourself or the family member unless you plan ahead. […]

LPL Financial on viewing your home as part of your retirement portfolio – LIVING WELL Magazine

January 16, 2012 LIVING WELL Magazine Comments Off

Viewing Your Home as Part of Your Retirement Portfolio
Courtesy LPL Financial, Akron LIVING WELL Magazine
Reverse Mortgage: Do Your Homework before Committing

Tapping home equity doesn’t necessarily require relocating. A reverse mortgage may be a solution if you have significant home equity and a desire to stay in your existing home. With a reverse mortgage, you receive a source of income by borrowing against your home’s equity. Payouts are tax free and may be taken as a lump sum, a line of credit, or an annuity-like payment schedule.
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