Family Financial Planning - 360 Degrees of Financial Literacy http://www.360financialliteracy.org/Topics/Family-Financial-Planning en-US What is a family limited partnership? http://www.360financialliteracy.org/Topics/Family-Financial-Planning/Estate-Planning/What-is-a-family-limited-partnership http://www.360financialliteracy.org/Topics/Family-Financial-Planning/Estate-Planning/What-is-a-family-limited-partnership

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Thu, 25 Feb 2016 02:59:30 EST
Will my beneficiaries have to pay taxes on the proceeds of my life insurance policy? http://www.360financialliteracy.org/Topics/Family-Financial-Planning/Estate-Planning/Will-my-beneficiaries-have-to-pay-taxes-on-the-proceeds-of-my-life-insurance-policy http://www.360financialliteracy.org/Topics/Family-Financial-Planning/Estate-Planning/Will-my-beneficiaries-have-to-pay-taxes-on-the-proceeds-of-my-life-insurance-policy The proceeds of your life insurance policy may be subject to federal estate taxes if you have what's known as incidents of ownership in the policy.

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Thu, 25 Feb 2016 02:53:14 EST
Paying tax on investment income http://www.360financialliteracy.org/Topics/Family-Financial-Planning/Estate-Planning/Paying-tax-on-investment-income http://www.360financialliteracy.org/Topics/Family-Financial-Planning/Estate-Planning/Paying-tax-on-investment-income Investment income is generated by either the income it produces during the ownership of the investment (e.g., interest, dividends, or rent) or the gain it produces when the investment is sold at an appreciated value. Investment income such as interest and rent is considered ordinary income and will generally be taxed according to your ordinary income tax rate.

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Thu, 25 Feb 2016 02:50:44 EST
Advantages and disadvantages of tax-deferred fixed annuities http://www.360financialliteracy.org/Topics/Family-Financial-Planning/Estate-Planning/Advantages-and-disadvantages-of-tax-deferred-fixed-annuities http://www.360financialliteracy.org/Topics/Family-Financial-Planning/Estate-Planning/Advantages-and-disadvantages-of-tax-deferred-fixed-annuities Advantages and disadvantages of ax-deferred fixed annuities

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Thu, 25 Feb 2016 02:50:00 EST
Tax implications of child support payments http://www.360financialliteracy.org/Topics/Family-Financial-Planning/Child-Care/Tax-implications-of-child-support-payments http://www.360financialliteracy.org/Topics/Family-Financial-Planning/Child-Care/Tax-implications-of-child-support-payments Read More »

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Thu, 25 Feb 2016 02:36:00 EST
Financial Planning When You Have a Chronic Illness http://www.360financialliteracy.org/Topics/In-Crisis/Medical-Crises-and-Illness/Financial-Planning-When-You-Have-a-Chronic-Illness http://www.360financialliteracy.org/Topics/In-Crisis/Medical-Crises-and-Illness/Financial-Planning-When-You-Have-a-Chronic-Illness When you live with a chronic illness, you need to confront both the day-to-day and long-term financial implications of that illness. Talking openly about your health can be hard, but sharing your questions and challenges with those who can help you is extremely important, because recommendations can be better tailored to your needs. Every person with a chronic illness has unique issues, but here's a look at some topics you might need help with as you're putting together your financial plan.

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Thu, 13 Jun 2013 17:39:17 EDT
Financial Planning When You Have a Chronic Illness http://www.360financialliteracy.org/Topics/In-Crisis/Medical-Crises-and-Illness/Financial-Planning-When-You-Have-a-Chronic-Illness http://www.360financialliteracy.org/Topics/In-Crisis/Medical-Crises-and-Illness/Financial-Planning-When-You-Have-a-Chronic-Illness When you live with a chronic illness, you need to confront both the day-to-day and long-term financial implications of that illness. Talking openly about your health can be hard, but sharing your questions and challenges with those who can help you is extremely important, because recommendations can be better tailored to your needs. Every person with a chronic illness has unique issues, but here's a look at some topics you might need help with as you're putting together your financial plan.

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Thu, 13 Jun 2013 17:39:17 EDT
Real-life Financial Tips for Different Generations http://www.360financialliteracy.org/Topics/Budgeting-Spending/Budgeting-and-Saving/Real-life-Financial-Tips-for-Different-Generations http://www.360financialliteracy.org/Topics/Budgeting-Spending/Budgeting-and-Saving/Real-life-Financial-Tips-for-Different-Generations Do you remember The Game of LifeĀ®? In Milton Bradley's popular board game, players progress through life stages making decisions that affect their prosperity. Like those players, today's generations face financial decisions with lasting effects. Here are some tips for staying focused despite life's ups and downs.

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Tue, 15 Jan 2013 16:51:14 EST
Ways Parents Can Help Their Boomerang Kids http://www.360financialliteracy.org/Topics/Family-Financial-Planning/How-to-Talk-to-Your-Children-About-Money/Ways-Parents-Can-Help-Their-Boomerang-Kids http://www.360financialliteracy.org/Topics/Family-Financial-Planning/How-to-Talk-to-Your-Children-About-Money/Ways-Parents-Can-Help-Their-Boomerang-Kids It's been called the new retirement wild card. But it's not inflation, health-care costs, or taxes, though those things certainly matter. What is it that's causing so much uncertainty? It's boomerang kids, and the money their parents spend on them.

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Tue, 10 Jul 2012 12:25:38 EDT
How to Raise a Saver http://www.360financialliteracy.org/Topics/Family-Financial-Planning/How-to-Talk-to-Your-Children-About-Money/How-to-Raise-a-Saver http://www.360financialliteracy.org/Topics/Family-Financial-Planning/How-to-Talk-to-Your-Children-About-Money/How-to-Raise-a-Saver As parents, we naturally want what's best for our kids. We want them to be polite, respectful, healthy, curious, and smart. And we hope that someday, they will grow into successful adults with independent, fulfilling lives. How best to accomplish this? Well, along with teaching the ABCs, 123s, and right from wrong, teaching your child the basics of financial literacy can help you raise a saver and lay the foundation for your child's bright financial future.

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Fri, 01 Jun 2012 17:15:55 EDT