Welcome to our monthly Economic, Capital Market, and Financial Planning tip of the month.
This months Financial Planning Tip of the month is a reminder of another important account Title issue !
Once again a special thanks to all of YOU … the best clients and friends as your experiences have again given us the subject matter for our Financial Planning Tip of the Month.
For those new to our writings, we touch on the most pertinent Financial “stuff” along with a video of my mug that has even more specialized details of the latest month as well as this post.
TOD/POD Transfer/Payable on death – Another great Financial Planning Tip:
Automatically sends assets to recipient upon death of other
Avoids probate
Since Avoids probate, may not be controlled by your Will
Very Powerful
Can lead to inadvertent mistakes in Estate Planning
While similar to our recent tip concerning Joint Tenants with Rights of Survivorship (JTWROS), we find this tip is actually forgotten about rather than accidentally used. Never by us … Give us a call if you have any confusion/questions!
China, Greece, Puerto Rico and Summer
With slowing earnings growth here in the USA and frothy capital markets, it did not take much to put fear into participants. Combine the trifecta (China, Greece, Puerto Rico) of events and summer doldrums and you get a dicey market.
China:
That’s a pretty scary 20%+ negative move by the China market … Until you take a longer view.
With eyes of a wider spectrum, looks like to us a much needed breather. No matter, the weight of all at once, Greece, China and Puerto Rico have been too great for markets to maintain a positive attitude, thus far.
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. To determine which investments may be appropriate for you, please consult your financial advisor prior to investing!
Background
The is the vocal portion of J.K. Financial, Inc. a Dallas Texas Based Fee Only Total Wealth Financial Planning Firm. Founded by John Kvale, a Dallas Texas Fee only Financial Planner and Total Wealth Manager.
June 2015 Financial Planning Tip, Capital Market Review (Video)
Welcome to our monthly Economic, Capital Market, and Financial Planning tip of the month.
Once again a special thanks to all of YOU … the best clients and friends as your experiences have again given us the subject matter for our Financial Planning Tip of the Month.
For those new to our writings, we touch on the most pertinent Financial “stuff” along with a video of my mug that has even more specialized details of the latest month as well as this post.
Ok…let’s go!
VIDEO
You Tube Direct Link or Vimeo Direct Link
TOD/POD Transfer/Payable on death – Another great Financial Planning Tip:
While similar to our recent tip concerning Joint Tenants with Rights of Survivorship (JTWROS), we find this tip is actually forgotten about rather than accidentally used. Never by us … Give us a call if you have any confusion/questions!
China, Greece, Puerto Rico and Summer
With slowing earnings growth here in the USA and frothy capital markets, it did not take much to put fear into participants. Combine the trifecta (China, Greece, Puerto Rico) of events and summer doldrums and you get a dicey market.
China:
That’s a pretty scary 20%+ negative move by the China market … Until you take a longer view.
With eyes of a wider spectrum, looks like to us a much needed breather. No matter, the weight of all at once, Greece, China and Puerto Rico have been too great for markets to maintain a positive attitude, thus far.
John A. Kvale CFA, CFP
http://www.jkfinancialinc.com
http://www.street-cents.com
8222 Douglas Ave # 590
Dallas, TX 75225
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