| Contents
Introduction........... The Planning Process........... xi
Nine Must-Do Items for Financial and
Estate Planning Success........... xii
Chapter I
Step 1:........... Estate Planning Checklist........... 1
1a)........... Quick-Reference Contact Information........... 3
Chapter II
Step 2:........... Personal/Business Information........... 5
2a)........... Trusts, Wills, Probate, and Executor Duties........... 14
2b)........... Trust Strategy Summary........... 25
2c)........... Federal and State Estate Taxes........... 29
2d)........... Gift Taxes........... 33
2e)........... HR 1836 income tax changes, Rev.Proc.
2006-53 tax change web page & AMT
Alternative Minimum Tax........... 34
Chapter III
Step 3:........... Personal/Business Budget........... 36
3a)........... 529 and UGMA Accounts........... 42
Chapter IV
Step 4:........... How Much Life Insurance Do You Need?........... 44
4a)........... Life Insurance Calculator........... 47
4b)........... Long-term Care Policies/Medicare/Medicaid........... 48
Chapter V
Step 5:........... Keeping Track of Your Investments........... 50
Chapter VI
Step 6:
Asset Allocation Investment Cycle and
Retirement Needs Analysis and Budget........... 54
6a)........... Retirement Budget........... 56
6b)........... The Impact of Withdrawal Rates
on Your Money........... 58
Chapter VII
Step 7:........... Risk and Reward Questionnaire........... 59
Chapter VIII
Step 8:........... Understanding Your Investments........... 63
8a)........... Basics to Know-Calculate Returns........... 65
8b)........... Market, Limit, and Stop Orders........... 66
8c)........... The Primary Benchmarks........... 70
Chapter IX
Step 9:........... Mutual Fund Checklist: Items You Need to Address Before Investing........... 72
9a)........... A Little Housekeeping to Understand Your Options for Fees Charged........... 73
9b)........... The Mutual Fund (and Other Investments)
Checklist........... 75
Chapter X........... Do It Right: Learn Before You Invest........... 79
10a)........... The Basics: Classification of Funds........... 83
10b)........... Types of Funds We See Most Often........... 84
10c)........... Specialty Funds, Alternative Investments
(Hedge Funds, Options, REITs, Index Funds, ETFs, Money Managers)........... 86
10d)........... Comparing Mutual Funds, Index Funds, ETFs, Money Managers, and Annuities........... 95
10e)........... An Example of How I Manage
a Client’s Money........... 101
10f)........... Arbitration Alert........... 103
10g)........... Understanding Mortgages........... 104
10h)........... Mortgage shopping worksheet........... 105
Chapter XI........... All About Bonds........... 104
Chapter XII........... How to Choose an Adviser........... 114
Chapter XIII........... Did You Know?
A Little Trivia........... 116
Chapter XIV........... Quick Reference List of Web Pages........... 118
Chapter XV........... Summary........... 121
Glossary........... Estate and Financial Definitions........... 123
Notes...... Now in the second addition is 152 pages of help for you and your family! |
