Setting up a trust can help individuals direct assets to their heirs and minimize the tax impact of owning and transferring these assets. Here are five reasons why setting up a trust can benefit heirs: 1) Trusts are managed by fiduciaries A fiduciary is someone who is put into a...
Variable annuities (VAs) are an attractive investment, because they offer the ability to invest on a tax-deferred basis, and provide a stream of income that can last a lifetime. VAs, however, can be complex, so all investors should learn the pros and cons of owning...
Mutual funds are a convenient way for investors to purchase a broad portfolio of stocks and bonds with a low initial investment requirement; mutual funds give investors access to high-quality money managers. The costs related to buying and holding a mutual fund can be difficult...
