By R. J. Kelly, CAP, ChFC, CEPA, CLU, MSFS, RICP, IAR, AEP | Wealth Legacy Group®, Inc. | San Diego, CA I was recently contacted by a successful restaurateur. He has a number of children in the family business, and some who are not. He was interested in minimizing or even eliminating taxes upon the death or …
Are You Successfully Preparing Your Heirs for Wealth? Read More »
By R. J. Kelly, CAP, ChFC, CEPA, CLU, MSFS, RICP, IAR, AEP | Wealth Legacy Group®, Inc. | San Diego, CA Are you properly preparing your heirs for their inheritance? In January’s newsletter I shared of a discussion with a prospective client wishing to do estate planning for his $40M empire. He was completely focused on the …
By R. J. Kelly, CAP, ChFC, CEPA, CLU, MSFS, RICP, IAR, AEP | Wealth Legacy Group®, Inc. | San Diego, CA How long do you expect to live? When I ask people this, they invariably tell me how old their parents or grandparents were when they died… Wrong answer! Because of the mapping of the human genome …
By R. J. Kelly, CAP, ChFC, CEPA, CLU, MSFS, RICP, IAR, AEP | Wealth Legacy Group®, Inc. | San Diego, CA A captive insurance company is a self-insurance option that has become increasingly popular in smaller to medium-sized US businesses that are very profitable. These “captives” historically insured workers compensation, medical malpractice and various warranties. Recently, they …
Does Captive Insurance Have Anything to do with Somali Pirates? Read More »
By R. J. Kelly, CAP, ChFC, CEPA, CLU, MSFS, RICP, IAR, AEP | Wealth Legacy Group®, Inc. | San Diego, CA We interrupt our three-part article on “The 12 Pitfalls & Traps That Will Keep You From Retiring Well” to discuss recent events in the music world in this month’s Imagine That Newsletter. One of B.B. King’s …
“The Thrill is Gone” for Prince’s & B.B. King’s Heirs Read More »
By R. J. Kelly, CAP, ChFC, CEPA, CLU, MSFS, RICP, IAR, AEP | Wealth Legacy Group®, Inc. | San Diego, CA What is the life expectancy of an American today who is age 70? Did you know that it is now 97.4 years of age using a blended table of male/female life expectancies? And, in the future, …
12 Pitfalls & Traps That Will Keep You From Retiring Well Read More »
By R. J. Kelly, CAP, ChFC, CEPA, CLU, MSFS, RICP, IAR, AEP | Wealth Legacy Group®, Inc. | San Diego, CA I recently met with a new client (let’s call him “Steve” – not his real name) to do an audit of his investments as well as the investments of his wife “Holly.” They have been using …
Do You Know What Questions To Ask For Your “Investment Audit?” Read More »
By R. J. Kelly, CAP, ChFC, CEPA, CLU, MSFS, RICP, IAR, AEP | Wealth Legacy Group®, Inc. | San Diego, CA Several weeks ago, a client asked us how he could start a college savings plan to best help a grandchild with their college expenses, which prompted this month’s “Imagine That™”! newsletter. Whether your intentions are to help pay …
Paying It Forward Never Goes Out Of Style – College Savings Plan Read More »
By R. J. Kelly, CAP, ChFC, CEPA, CLU, MSFS, RICP, IAR, AEP | Wealth Legacy Group®, Inc. | San Diego, CA Gobble, gobble. Thanksgiving is a core American holiday where many get to spend quality time with their friends, family and loved ones, maybe watch some football on T.V., enjoy a home-cooked meal – and all this …
By R. J. Kelly, CAP, ChFC, CEPA, CLU, MSFS, RICP, IAR, AEP | Wealth Legacy Group®, Inc. | San Diego, CA Statistically, it is three to six times more likely that your income will stop because of being too sick or hurt to work than being too dead to work. And yet disability insurance is often ignored …