Estate Planning

While we hope none of the grandmothers in your family get run over by a reindeer, we do hope we can give you some advice on what to do if a loved one does pass away without an estate plan. Bruce and Peg give you’re their top tips.

Questions Answered Include: 

  • I had a question about my portfolio. I have a little over a million and wondering how to slowly sell that off. I'm 58 and I'm going to start slowly selling it off into cash, CDs and treasuries. How do I do that? Do I sell it off a little at a time or all at once? I know it depends on market timing but is there a general way to do that?
  • Everyone is talking about the change in standard deductions for single or married people but not for head of household for single parents. I believe it is $18,000, is this correct? Could you also clarify if tax brackets are applied to AGI or income after deductions? 
  • I'm 57 years old and I recently left a company and my new company does not have a 401k. I'll be making excess of $300,000 a year. I was wondering what options I had?

Full Episode

 

Featured Segment: Gift Giving

 

Featured Question

Bruce Helmer

Bruce Helmer

Co-Founder, Financial Advisor and Author, Speaker and Host of the "Your Money" Radio Show

Bruce Helmer, a founding member of Wealth Enhancement Group, has been the host of the “Your Money” Radio Show for more than 20 years. He is also featured weekly on the Twin Cities CBS affiliate WCCO, and has penned three financial advice publications.