By R. J. Kelly, CAP, ChFC, CEPA, CLU, MSFS, RICP, IAR, AEP, WMCP | Wealth Legacy Group®, Inc. | San Diego, CA In 2019, we were hired by a lovely couple to advise them on the investment of assets and updating of their estate plan. Thirty days prior to hiring us, they had closed on the sale …
“Imagine That™!” Newsletter
By R. J. Kelly, CAP, ChFC, CEPA, CLU, MSFS, RICP, IAR, AEP, WMCP | Wealth Legacy Group®, Inc. | San Diego, CA Recently, we were meeting with a new client who had sold his business and came in with a great deal of cash – multi seven-figures. He had an interest in buying real estate and …
Tax-Free Growth With Liquidity, Creditor Protection & So Much More! Read More »
By R. J. Kelly, CAP, ChFC, CEPA, CLU, MSFS, RICP, IAR, AEP, WMCP | Wealth Legacy Group®, Inc. | San Diego, CA Several years ago, I received a call from an attorney friend. Lynda asked if I would like to invest with her and buy a fractional interest in an apartment building in Texas. I explained …
By R. J. Kelly, CAP, ChFC, CEPA, CLU, MSFS, RICP, IAR, AEP, WMCP | Wealth Legacy Group®, Inc. | San Diego, CA In last month’s newsletter, “The Breakdown on Bonds,” we dove into a discussion about the investment instrument we call “bonds” and how sometimes – like right now – they “misbehave!” We also looked at why …
By R. J. Kelly, CAP, ChFC, CEPA, CLU, MSFS, RICP, IAR, AEP, WMCP | Wealth Legacy Group®, Inc. | San Diego, CA Recently I sat down with a new prospective client we’ll call Tim (not his real name). Tim is in a conundrum. At age 66, he is worried about inflation, preserving his assets, and troubled …
By R. J. Kelly, CAP, ChFC, CEPA, CLU, MSFS, RICP, IAR, AEP | Wealth Legacy Group®, Inc. | San Diego, CA Happy Thanksgiving! Really? I have heard more than one person say they are really looking forward to having this year in the books! Many have experienced heartache over the loss of their health – a job …
Thanksgiving: What Would You Have Tomorrow If . . . Read More »
By R. J. Kelly, CAP, ChFC, CEPA, CLU, MSFS, RICP, IAR, AEP | Wealth Legacy Group®, Inc. | San Diego, CA Legend has it, Delaware got its nickname “The Diamond State” from Thomas Jefferson because he described it as a “jewel” among the other states. What is not commonly known is that Jefferson gave the State this …
By R. J. Kelly, CAP, ChFC, CEPA, CLU, MSFS, RICP, IAR, AEP | Wealth Legacy Group®, Inc. | San Diego, CA Are there organizations out there doing great things to make the world a better place . . . and you would like to help? Are you feeling concerned about the care and betterment of others? Perhaps …
By R. J. Kelly, CAP, ChFC, CEPA, CLU, MSFS, RICP, IAR, AEP | Wealth Legacy Group®, Inc. | San Diego, CA Say the word “Q-tips®” and the first thought most will have is of the ubiquitous cotton swab by Unilever. A QTIP Trust (Qualified Terminable Interest Property Trust), however, is a special kind of trust which allows …
Is A QTIP Useful For More Than Earwax? (You’ll Be Surprised!) Read More »
By R. J. Kelly, CAP, ChFC, CEPA, CLU, MSFS, RICP, IAR, AEP | Wealth Legacy Group®, Inc. | San Diego, CA During our proprietary “Critical Actions Roadmap™ – Discovery Meeting” with new clients, I raised the question about how their beautiful home in La Jolla was titled. They looked at each other, shrugged their shoulders and collectively …