A life insurance program, when structured and monitored properly, can play an integral role in your estate plan. A few key considerations can help you determine the best program for you and your family.
How to Divide Retirement Plan Assets in a Divorce
Beth McRae Mayfield June 13, 2019
Retirement plans can be of significant value and often come with important tax implications. If you’re going through a divorce, it’s critical to understand how they are divided so that your interests are protected.
CIBC Brings Together Private Wealth and Commercial Banking Teams in New Office Space in West Palm Beach and Tampa, Florida
Jack Markwalter June 11, 2019
CIBC Private Wealth expands in Florida.
3 Strategies for Minimizing Estate Taxes
Becky Milliman June 11, 2019
Depending on your financial circumstances, the estate tax and generation-skipping transfer tax have the potential to significantly reduce your estate. Fortunately, there are a few strategies you can pursue to avoid paying more taxes than necessary.
Insurance Issues to Consider in a Divorce
Beth McRae Mayfield June 06, 2019
Like any issue that comes up during divorce, determining how to handle changes in insurance may not always be as straightforward as they seem. It’s important to be aware of all existing policies going into the divorce, as well as any new policies you may need as a result of the settlement. To learn more, read our recent blog post, Insurance Issues to Consider in a Divorce.
3 Key Questions to Ask as You Develop Your Estate Plan
Becky Milliman June 04, 2019
Deciding how you want your wealth distributed upon your death can be a daunting task. If you’re unsure where to start, answering some basic questions about how you want your future wealth plan to look like can help facilitate the planning process
Social Security Considerations After Divorce
Beth McRae Mayfield May 30, 2019
You don’t necessarily lose your Social Security spousal benefits after a divorce. Here are three considerations to keep in mind to help you receive the highest benefit for which you’re eligible.
3 Considerations for Thoughtfully Planning for Your Assets
Becky Milliman May 28, 2019
However you define success, envisioning your legacy often requires the peace of mind that your financial affairs are in order—a goal that can usually be achieved by developing an overall wealth plan that includes an estate plan. Whether you’re creating a new estate plan or revising an existing one, a few key considerations can help you effectively meet your objectives.
3 Child Support Considerations in a Divorce
Beth McRae Mayfield May 23, 2019
Like any issue in divorce, there’s no one-size-fits-all solution for determining who will bear the brunt of financially supporting the children. Still, if you’re going through a divorce and have minor children, these three considerations may help frame the conversation.
3 Issues to Consider for the Ultimate Sale of Your Business
Theresa Marx May 21, 2019
Almost two-thirds of business owners plan to transfer their ownership sometime in the next decade, yet many are unprepared for the various challenges selling a business presents. We disclose key steps every business owner should consider before making the transition.
Determining and Collecting Spousal Support in a Divorce
Cathy Schnaubelt May 17, 2019
Like most aspects of divorce, going through the process of determining spousal support can create undue emotional and financial stress without proper preparation.
3 Issues to Consider when Transitioning Your Business to a Third Party
Theresa Marx May 14, 2019
The decision of when and how to sell a privately-held business is often based on three factors: economics, emotion and need.
Dividing Your Home in a Divorce
Cathy Schnaubelt May 10, 2019
Whether you and your spouse decide to sell your home now or at some point in the future, there are many moving pieces involved.
The Aging Brain: What Does it Mean for You and Your Family?
Judy Saxe, AEP®, CAP® May 08, 2019
The number of people in the United States living with dementia is growing exponentially year over year. According to the Alzheimer’s Association, an estimated 46.8 million people worldwide were living with dementia in 2015, and the number is believed to be close to 50 million people for 2017. By 2030, it’s projected that 75 million Americans will be affected by the symptoms of cognitive...
4 Issues to Consider when Transitioning Your Business to a Family Member
Theresa Marx May 07, 2019
A challenge for any business owner is knowing when and how to transition leadership. If you run a family business, the decision can be even more complex as family harmony and relationships are often at stake.