chartered wealth manager accredited financial analyst financial planner ISO 9001ISOCOMBO2023
International Board of Standards - Professional Designations -  Accredited Education.  Creating the World's Leaders in Management ™

<< Previous    1...   19  20  [21]  22  23  ...91    Next >>

Taking Stock 

The first step in estate planning is to inventory everything you own and assign a value to each asset. Here's a list to get you started. You may need to delete some categories or add others. 

  • Residence 
  • Other real estate 
  • Savings (bank accounts, CDs, money markets) 
  • Investments (stocks, bonds, mutual funds) 
  • 401(k), IRA, pension and other retirement accounts 
  • Life insurance policies and annuities 
  • Ownership interest in a business 
  • Motor vehicles (cars, boats, planes) 
  • Jewelry 
  • Collectibles 
  • Other personal property 

Once you've estimated the value of your estate, you're ready to do some planning. Keep in mind that estate planning is not a one-time job. There are a number of changes that may call for a review of your plan. Take a fresh look at your estate plan if: 

  • The value of your assets changes significantly. 
  • You marry, divorce or remarry. 
  • You have a child. 
  • You move to a different state. 
  • The executor of your will or the administrator of your trust dies or becomes incapacitated, or your relationship with that person changes significantly.  
  • One of your heirs dies or has a permanent change in health. 
  • The laws affecting your estate change. 

How Estates Are Taxed 

Federal gift and estate tax law permits each taxpayer to transfer a certain amount of assets free from tax during his or her lifetime or at death. (In addition, as discussed in the next section, certain gifts valued at $11,000 or less can be made that are not counted against this amount.) The amount of money that can be shielded from federal estate or gift taxes is determined by the federal applicable credit. The credit is used during your lifetime when you make certain taxable gifts, and the balance, if any, can be used by your estate after your death. 

Keep in mind that while you can plan to minimize taxes, your estate may still have to pay some federal estate taxes. What's more, your estate may be subject to state estate or inheritance taxes, which are beyond the scope of this pamphlet. An estate planning professional can provide more information regarding state taxes. 

Minimizing Estate Taxation 

There are a number of estate planning methods that can be used to minimize federal taxes on your estate. 

<< Previous    1...   19  20  [21]  22  23  ...91    Next >>

About GAFM ®

  The GAFM International Board of Standards is ESQ European Accredited and ISO Certified for Quality and ISO 21001 Certified for Training Standards

   IAO

 

 ISO29993


Join our Linkedin Group

LinkedIn.com

ISO21001



 Accredited Certified Financial Analyst Chartered Accountant

The GAFM ® Board is the 1st Graduate Certification Body to Become Accredited  and Certified for: ISO 9001 Quality and ISO 21001 Training in the World. GAFM ® owns the former AAFM ® Certifications and Programs

 

 

 

● About
● Certifications
● Board
● Board
● Recognition
● Requirements
● Providers
● Contact Us
● Contact
● Apply
● Benefits
● Application
● Home
● Events
● CWM Training Program
● News
● Articles
● In House Training
● Speakers
● CEO Message
● Verify Member
● Qualifying Degrees
● Global Advisors
● Membership
● Mission
● Ethics
● Handbook
● Become Provider
● TUV Accreditation
● Deans Letter
● Financial Analyst Certification
● Economics Degrees
● Management Degrees
● Finance Degrees
● Accounting Degrees
● Exams
● Renew Certification
● Continuing Ed

 

Certified Management Consultant 

Home About Certifications Board Board Register Recognition Requirements Providers Contact Us Contact Apply AFAPPC GetCertifiedPPC Benefits Chartered Wealth Manager News IAF CERT How To Use Stock Markets Training Calendar FINRA Application Reg. Payments About Old Events CWM Training Program News UBT University Business Technology Saudi Arabia Saudi Arabia - Certification Training Programs 2017 - University Business & Technology CEO Message Chartered Certified Economist Certified Financial Analyst FINRA SEC Chartered Wealth Manager Training Indonesia Malaysia Guides Informa GAFM Guides Jamaica Qualifying Degrees Global Advisors Membership Mission Ethics Governmental Recognition Links Handbook mfm Financial Planner Program Chartered Economist CCO Higher Institute IP List Become Provider Management Consulting Jobs TUV Accreditation CWM Chartered Wealth Manager Terms Financial Analyst Certification Copy of Certification Economics Certification Economics Degrees Management Degrees Finance Degrees Accounting Degrees Exams Renew Certification Awards Sample Honor Society Trademarks Careers Complaint Site Map Mentz George Mentz Lawyer Mentz George Colorado USA Speaker Consultant AFA ® Accredited Financial Analyst Certification CTEP ® Trust and Estate Certification CIPM ® Certified International Project Manager CWM ® Chartered Wealth Manager ® AMA ® Management Accountant Certification AMC ® Management Consulting Certification MMC ® Management Consulting Certification Book

Google Plus 

All Rights Reserved 1996-2022 -  GAFM Global Academy of Finance and Management   & Association for Finance and Management
 Mentzinger Media LLC   Board of Standards - Accreditation and  Certification - Global Certified  Accountants Financial Analysts Institute 
Association of International Financial Accounting  Foregin Relations Public Policy Council  Chartered Wealth Manager
Accredited Financial Analyst Certified Chartered Management Accountant   - Association Institute Academy 
US Department of Labor  - George Mentz
Join us on LinkedIn  - Financial Analyst Training - Chartered Wealth Manager ® - ChE Chartered Economist ®
 
www.GAFM.us * www.GAFM.org * www.AAFM.us * www.CertifiedProjectManager.org * www.CertifiedProjectManager.us * www.AAFM.org * www.icecc.com
In alliance with the Unincorported Non-Profit - Association of Finance and Management USA
 
A financial analyst  securities analyst, research analyst, equity analyst, or investment analyst is a person who performs financial analysis for external or internal clients as a core part of the job. Financial analysis (also referred to as financial statement analysis or accounting analysis or Analysis of finance) refers to an assessment of the viability, stability and profitability of a business, sub-business or project. It is performed by professionals who prepare reports using ratios that make use of information taken from financial statements and other reports. These reports are usually presented to top management as one of their bases in making business decisions. Certification as a financial analyst requires accredited education in finance  Management consulting is the practice of helping organizations to improve their performance, primarily through the analysis of existing organizational problems and development of plans for improvement. Organizations may draw upon the services of management consultants for a number of reasons, including gaining external (and presumably objective) advice and access to the consultants' specialized expertise. Becoming certified in management consulting requires proper education experience and credentials.  Management accounting or managerial accounting is concerned with the provisions and use of accounting information to managers within organizations, to provide them with the basis to make informed business decisions that will allow them to be better equipped in their management and control functions. Cost accounting is a process of collecting, analyzing, summarizing and evaluating various alternative courses of action. Its goal is to advise the management on the most appropriate course of action based on the cost efficiency and capability. Cost accounting provides the detailed cost information that management needs to control current operations and plan for the future. Certification in management or cost accounting requires education and expertise in accounting.
 
IP/Rights Global