Protecting Your Teen's Trust

3 Tips To Prepare For A Financial Audit

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As a small business owner, one of the tasks you have to face is a financial audit of your business. The audit is not only a way to ascertain the financial health of your business, but it can help uncover any organizational issues that need to be uncovered. The following tips can help you get through the process.   Document Everything One of the problems that many small business owners face at audit time is finding the documentation necessary to accurately assess the business’s financial status.…

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Worried About Protecting Your Assets If You Require Long-Term Care? What Are Your Options?

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If you’ve recently reached a birthday milestone that puts you at the same age as a parent or grandparent who passed away, you may be battling a variety of conflicting emotions – perhaps chief among them the wistfulness that you’ve now hit an age you once dismissed as impossibly old. While the Baby Boomer generation is expected to be the longest-lived one yet, hitting these types of milestones can serve as a grim reminder that time marches on – and if you’ve accumulated substantial assets during your working years, you may be dismayed at the thought of them being used to pay for your own long-term care rather than being passed down to your children or heirs after you’re gone.…

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Three Options To Consider When You Need A Guaranteed Investment Return

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Whether you prefer the security of a specified return or you need to diversify your investment portfolio, fixed rate investments have a spot in your financial holdings. Many individuals like to hold fixed rate products in addition to riskier stock investments to offset the stocks’ volatility. Retirees or those with a shorter investment time frame may also prefer a fixed return for extra security.  1. Fixed Rate Annuity When you invest in an annuity, you make a lump sum contribution in exchange for future payments.…

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