Brought to you compliments of Sarah M. Place, MBA
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February 2006
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Saturday, February 4, 2012
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Creating Trust through Service
We are a team of highly motivated professionals dedicated to the design, implementation, and ongoing guidance of financial plans for executives, business owners, and professionals. We strive to serve all of our clients’ financial needs. We have a strong commitment to our clients, our people, our industry, and our communities.
Our clients: We are committed to providing our clients with innovative, value-added financial planning and investment management services. We endeavor to meet our clients’ expectations while dedicating ourselves to providing financial independence. We value long-term relationships.
Our people: We are committed to recruiting and developing the best individuals in our industry. We provide our people with opportunities for growth. We maintain an open-door policy at all levels, encouraging the flow of communication and an exchange of ideas. We recognize the importance of each individual’s active role in the success of the firm. We expect our people to be known for their integrity, service, hospitality, competence, and professionalism.
Our industry: We are committed to leading the financial planning and investment industry through our integrity, innovation, service, and client satisfaction. We will continue to maintain the trust of our clients through full disclosure of accurate information. We respect the accounting, legal, financial, insurance, securities, and other related industries that contribute to our success.
Our communities: We are committed to the enhancement of the communities of which we are a part, through education, leadership, and active participation in community affairs.
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Dealing with Asset Basis
Deciding whether you should give a significant
asset to an heir during your life or after your death has typically
involved weighing potential estate tax costs against capital gains
taxes that would be due when the asset is sold. Now that the estate tax exclusion amount is so high ($2,000,000
in 2006), many individuals do not need to focus on estate taxes.
[FULL ARTICLE]
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Estate Planning for Retirement Accounts
For many people, retirement accounts, including
401(k) plans and individual retirement accounts (IRAs), are their
most significant assets. While you may think you'll need every
bit of money in those accounts for your retirement, what would
happen if you die at an early age? You should include them in
your estate plan so heirs inherit them with minimum estate and
income tax effects.
[FULL ARTICLE]
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How Useful Are Financial Rules of Thumb?
Financial rules of thumb are designed to
give you quick guidelines for your finances and cover a wide variety of topics, including saving for retirement, life insurance amounts, debt levels, asset allocation, and the size of emergency funds. However, you shouldn't
follow them without giving some thought to your personal circumstances.
[FULL ARTICLE]
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Should You Elect Early Social Security Benefits?
One of the most critical decisions regarding
Social Security benefits is deciding when to start those benefits.
The age for full Social Security benefits is increasing from 65
to 67 for individuals born after 1937. You can still elect benefits
at age 62, but the permanent reduction in benefits is higher. Carefully consider the advantages and disadvantages
before electing benefits at age 62. While it may seem attractive
to start retirement at age 62, you are taking a substantial, permanent
reduction in your Social Security benefits to do so.
[FULL ARTICLE]
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The Basics of Credit Scores
When lenders evaluate a credit application,
they usually request both your credit report and your credit score,
which is a mathematical calculation based on information on your
credit report. The score is intended to rate your credit risk,
although other factors, such as your income, length of employment,
and years resided in your home, are also considered.
[FULL ARTICLE]
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Sarah has over fifteen years experience in the financial services industry. She received her MBA at St. Mary's University Graduate School of Business in San Antonio, TX and her bachelor’s degree in Economics–Finance at Bentley College in Waltham, MA. The firm she founded, Place Trade Financial, Inc., (Member NASD, SIPC) is an active member of the Securities Industry Association (SIA).
Feel free to contact Sarah via e-mail at
sarah@placetrade.com
or visit our Web site
www.placetrade.com
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Published by
Sarah M. Place
Copyright © 2006 Place Trade Financial, Inc., Member NASD/SIPC. All rights reserved.
This newsletter intends to offer factual and up-to-date information on the subjects discussed, but should not be regarded as a complete analysis of these subjects. The appropriate professional advisors should be consulted before implementing any options presented. No party assumes liability for any loss or damage resulting from errors or omissions or reliance on or use of this material.
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TELL A FRIEND
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