Tue, 26 April 2016
Today I discuss major estate planning mistakes, all cash home buyers and how to transition from the accumulation to the distribution phase.
Did Prince die without a will? I explain how the IRS views and handles estates that continue to make money after death like Michael Jackson and Elvis. I then move on to real estate in the Bay Area explaining the issue with all cash foreign buyers, lower tax benefits and the lack of millennial buyers who can afford home loans; all of which concern me. I also talk about rates of return and average market history and then transitioning from accumulation phase to distribution phase.
Don't forget about our upcoming seminar at Four Points by Sheraton San Jose Airport on May 19th where Rob Black and I will explain how to build a retirement portfolio that lasts. Registration is only $5 so click HERE to sign up!
Email your money question to firstname.lastname@example.org , or call the show at 1-800-516-1220 from 2:00-3:00 p.m. (PDT)
Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit www.NewFocusFinancial.com.