Saving for Retirement in Your 40s

Your 40s are a busy time.  There are quite a variety of expenses to consider. For many people, funds aren’t just for raising children.  For some, helping aging parents with financial assistance may also come into play.  And of course, there is also debt and mortgages. It may seem like your accounts are being pulled in several different directions.  While that may be true, it is equally, if not more, important…

ESTATE PLANNING ESSENTIALS

Tiny Carroll, Estate Planning Specialist for Glacier Fiduciary Services, says that when an Estate Planner or Financial Adviser helps you, as a couple or an individual in a permanent relationship, with your Estate plan, he or she should ask you three vital questions about your marital status. 1.  ARE YOU A SPOUSE OR NOT? The first question is whether you and your partner qualify as “spouses” in terms of the…

LEVERAGE – LEGAL AND TECHNICAL UPDATE FOR MARCH 2014

Leverage March 2014 This article is to Highlight the duties and obligations imposed on an Executor.  It is vital to understand the practical implications of that nomination.  The attached Leverage Article will steer you, as our client towards a Professional Executor where processes are in place to facilitate all the duties seamlessly. This article includes: 1.  THE DUTIES OF AN EXECUTOR General Duties Establishing Solvency Valuation of Property Payment of…

Estate Planning and Offshore Wealth Management

An offshore trust remains a viable and advantageous estate planning vehicle for investments. Forced heir-ship rules would generally not apply to offshore assets, the assets in the trust would be protected as with South African trusts, and growth in the value of assets would generally not be subject to estate duty, capital gains tax or executors’ fees on death in South Africa. Offshore trusts may also be utilized to receive…