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.
To Trust or not to Trust – Do I need a Revocable trust? – Another great estate Planning Tip:
Privacy
Avoids probate
Corporate law versus probate law
Easily changed
Can lead to inadvertent mistakes in Estate Planning
May dramatically help in higher probate cost states (Think CA and FL)
Trusts, once thought only for aristocrats have become much more mainstream. They are easy to set up and easy to change. Revocable trusts, the most common, are great planning tools. The revocable trust, while providing little creditor protection and virtually no federal estate tax benefits, in many cases is a great solution for organization and a way around a hefty probate cost state.
Give us a call if you have any confusion/questions!
Commodities falling
Not only did this broad-based commodity index take out the 2008/9 lows, but it dropped to a never seen before low !
Certainly could go lower. Hated by many – Zig when others Zag!
In the endeavor to find assets that are not frothy, a never seen before, all time low, MIGHT be one.
Never go all in of course — but does not look frothy!
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.
July 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
YouTube Direct Link
To Trust or not to Trust – Do I need a Revocable trust? – Another great estate Planning Tip:
Trusts, once thought only for aristocrats have become much more mainstream. They are easy to set up and easy to change. Revocable trusts, the most common, are great planning tools. The revocable trust, while providing little creditor protection and virtually no federal estate tax benefits, in many cases is a great solution for organization and a way around a hefty probate cost state.
Commodities falling
Not only did this broad-based commodity index take out the 2008/9 lows, but it dropped to a never seen before low !
Certainly could go lower. Hated by many – Zig when others Zag!
In the endeavor to find assets that are not frothy, a never seen before, all time low, MIGHT be one.
Never go all in of course — but does not look frothy!
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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