Estate, Gift, and Generation-Skipping Transfer (GST) Taxation and Life Insurance: Estate Planning

Estate, Gift, and Generation-Skipping Transfer (GST) Taxation and Life Insurance: Estate Planning

Don't let taxes steal your family's financial security

Life insurance can provide financial security for your family. However, if you don't plan appropriately, taxes can greatly reduce the life insurance benefits actually received by your family. Although life insurance proceeds are generally received by the beneficiaries free of income tax, you need to understand how life insurance policies and proceeds are taxed for estate, gift, and generation-skipping transfer tax (GSTT) purposes in order to realize maximum benefits from your insurance.

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529 Savings Plans and Financial Aid

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Market Update for Quarter Ending 03.31.17

Markets continue strong start to year

Despite mixed results for March, U.S. equity markets had a very strong first quarter. The Dow Jones Industrial Average lost 0.60 percent for the month, though the S&P 500 Index and Nasdaq gained 0.12 percent and 1.57 percent, respectively. For the quarter, the Dow returned 5.19 percent, the S&P 500 was up 6.07 percent, and the Nasdaq climbed 10.13 percent. Technical factors remained positive for all three during the month and quarter.

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Michael Manning Recognized as a Leading Financial Advisor by Commonwealth Financial Network®

Michael Manning, an independent financial advisor affiliated with Commonwealth Financial Network® and President of Manning Wealth Management, Inc in San Diego, CA, has achieved Commonwealth Leaders status for 2017. This distinction recognizes success based on a ranking of annual production among Commonwealth’s network of 1,710 financial advisors. Commonwealth is the nation’s largest privately held independent broker/dealer–RIA and the broker/dealer of choice for Michael Manning.

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"Retirement" vs. Financial Independence

Presented by Reed Bermingham

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