Almost daily, the IRS along with congress is offering stimulus and tax change packages. Some of these offers may backfire on people accepting them and cost more to take them. Ken Himmler will review the current tax status, strategies and give insight on how to handle the changes. These changes could be affecting your income taxes, your IRAs or even your RMDs.
Almost daily, the IRS along with congress is offering stimulus and tax change packages. Some of these offers may backfire on people accepting them and cost more to take them. ...more
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March 27, 2024•0 min read
With hospitals at maximum capacity and an unknown catastrophe on the way, everyone should have their estate planning documents up to date. Depending on the specific state you live in, the hospital and even the situation may demand different documents or even updated documents. Today more than ever your trust, health care power of attorney, and durable power of attorney need to be up to date. In addition, you should have an emergency plan in writing for family. Also, friends and family need to have quick and electronic access as well as knowing how to get to the documents in case of an emergency. Ken will cover how to electronically update all your documents in addition to where to store them and how to make them easily available to family and friends.
With the Virus devastating families, it is more important than ever to have up to date legal documents and a way for family to access in case of an emergency ...more
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March 27, 2024•1 min read
Not everyone suffered in the 1929 depression. Opportunities that were not present in the roaring 20s suddenly became available. In 1929 more millionaires were minted than any other time in history (per-capita - excluding the tech boom of 1996). They did so because they saw opportunities in real estate, stock, buying businesses and starting businesses that were now needed. Colonel Sanders, Hewlett Packard, JP Getty and many more. Those that could foresee the changes were able to take advantage during this 3 year period. Join a discussion of the opportunities and how to take advantage of them.
In 1929 not everyone suffered. More millions per-capita were made during this time. Many of these opportunities were not available during the boom times of the 1920s were now made available. Come lear... ...more
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March 27, 2024•1 min read
With world deaths mounting and people out of work, life insurance could be provide the family financial security needed - as long as you continue payments and the company pays. It is important to understand how an insurance company could exclude payment on death, what to do if you don't have the income to pay the premiums and finally - what to do if the insurance company goes out of business.
With world deaths mounting and people out of work, life insurance could be provide the family financial security needed - as long as you continue payments and the company pays. ...more
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March 27, 2024•0 min read
Emergency Actions With Your Real Estate - With Ken Himmler
With a potential 40% or more drop in real estate - how do you protect yourself as well as take advantage of the times. In the last 10 years, many people have forgotten about the last real estate bust ... ...more
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March 27, 2024•1 min read
Distribution Strategies Under Corona Recession
With the market down 30% and predicted to go down by 50%, what is the best strategy to distribute income? If you are retired, do you use dividends or reinvest? Do you start selling shares at a loss? D... ...more
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March 27, 2024•0 min read