This week Paul talks to Justin Miller about Priography. The discuss the often overlooked concept of preserving ones human and intelectual assets.
Index to Estate Planning Content
Estate planning is a term that is used to refer to an individual, couple, entity, families entire estate value, including all their assets regardless of the asset type. Included below you will find a number of Estate Planning items and ideas. This information was created to harbor an environment of proactive action with concepts for prudent folks to ponder. "Food for thought" so to speak.
Geriatric Care Management
What happens when you need Long Term Care? Deb Soltis from Soltis Senior Care was on the show this week to discuss.
Major Transfers lack Wealth Management
In your everyday existence, you are confronted with transfers of your wealth. You continuously, unknowingly, give or transfer money away. Not only do you give this money away but you also lose the ability to earn money on that money once it is transferred. This compounds your loss. To eliminate or reduce these transfers, you must first learn to recognize them and then understand how directly or indirectly they cost you money. You may have to confront conventional financial wisdom. Remember, the ones giving you these financial programs tend to profit from them. Always ask, who would profit from these transfers? Here is a list of transfers that are worth investigating further:
-Taxes
-Qualified Retirement Plans
-Financial Planning
-Disability
-Credit Cards
-Tax Refunds
Caring for Your Spouse…Even After You’re Gone
Your spouse has been there with you through thick and thin. They have been your rock, the foundation upon which you’ve built your life. Your spouse has probably been your friend, confidant, and true partner.
If your spouse is ailing now, there are ways that you can protect them, even after you are gone. Let’s say your spouse has a slowly degenerative disease, like Alzheimer’s disease. Hopefully, their illness may be kept at bay. As long as you are there, you may intend to care for your spouse at home. But, what if you die first? At least one study has shown that caregivers themselves often get sick or die early because of the stresses on them.
Wealth Management – Why Pay Off Your Mortgage?
From the desk of Paul Nichols: President of Financial Abundance Inc.
Most homeowners have the misconception that the wisest method to accelerate the payoff of their home is to simply pay extra principle payments on their mortgages. Other homeowners are lured into thinking that bi-weekly mortgage payment plans are the answer. Still other homeowners utilize a 15-year mortgage rather than a 30-year mortgage amortization. In actuality, none of these methods usually prove to be the wisest method to accomplish a “free and clear” home.
Estate Attorney
Paul interviews Alan Agulis. They discuss how an estate attorney can help protect you and your heirs.
Welcome to Financial Abundance
Financial Abundance, headquartered in State College, PA, is a Registered Investment Advisory Firm whose founder Paul Nichols is known as the “Investor Coach”.
FA (Financial Abundance) is a full-service investment, retirement and estate planning firm. We operate under the core belief that education plus understanding leads to clarity and confidence that can result in peace of mind.
Our site includes both audio and visual content and is designed with an educational component. You will notice an array of links to the left under Primary links; specifically Weekly Clarity Coaching and Podcasts.
– Under Weekly Clarity Coaching you will find two to five minute subject-specific videos that have been featured on NBC affiliate WJAC-TV Channel 6. These educational videos were produced with the intent to clarify financial subjects.
– Under Podcasts we have approximately three to four years of recordings from Paul’s syndicated radio show, It’s Your Money (now available on iTunes).
Please take advantage of some complimentary coaching using the “Ask the Coach” link where Paul answers questions about the content in our site and how it may apply to you. For those of you with general questions, please use this same link to send a question and/or comment to the Coach.
You don’t know what you don’t know.
Financial Planner: Initial Consultation
How we can help you:
If you’ve been concerned about your investments, it may be time to meet with us at Financial Abundance. Unlike other advisors, we are not affiliated with any firms that are paid through commissions or product sales.
Philosophy
Financial Abundance operates under the core belief that education plus understanding leads to clarity and confidence; resulting in peace of mind. This is extremely rare to find with traditional financial planning today.
People have at their disposal unlimited resources and information regarding their personal finances. From 24-hour news channels to the World Wide Web, we are bombarded with messages that are often confusing, conflicting, and sometimes simply inaccurate.
While some may think this technology has made it easier for people to plan for their retirement, for many it has not. In fact, people are more confused than ever and are jeopardizing their financial future by following various fads and strategies promoted in the main stream press.
Through our Investor Education Programs, we help people cut through the rhetoric. In order to improve the likelihood of success, we teach our clients to implement a method of portfolio management used by most corporate pension plans today. We shun common myths of investing like stock picking, market timing, past performance and the use of fund managers. Instead, we guide each client through a program that not only educates, but ensures the necessary steps are taken toward reaching your investment goals.