Joel M. Blau, CFP
Mr. Blau is chief executive officer of MEDIQUS Asset Advisors, Inc., in Chicago. He can be reached at 800-883-8555 or [email protected]
Calculate risk/return with this time-tested strategy
Although significant time is spent developing methods or strategies that come close to that “perfect investment," none is as popular or compelling as modern portfolio theory.
Life insurance: Selecting the owner of your policy
When choosing a life insurance product, time needs to be spent on the intricacies of how those death benefits pass to the intended heirs, and how your estate is impacted, prior to making the purchase.
Saving for retirement: How much is enough?
To make sure you enjoy your retirement without financial worries, you should ensure you have enough money saved based on your own unique situation.
How to reduce estate taxes on your home
If your estate is substantial and you're concerned about the federal estate tax bill your heirs will pay, there's a way you might be able to use your house to remedy the situation. It may be as simple as giving away your home or as complex as knowing the mechanics of an estate-planning tool called a qualified personal residence trust.
529 plan offers college saving, tax advantages
The 529 plan allows you to remove wealth from your estate while you steadily accumulate assets to help educate children, grandchildren, nieces, nephews, and even yourself, if you're planning to go back to college.
Which charitable trust strategy is best for you?
If an estate owner, based on his current financial situation, is not willing or able to contribute an entire financial asset during his lifetime, a split-interest, deferred gift is something to consider.
Long-term care coverage: Know your options
When faced with the difficult prospect of changing one’s normal style of living, the major factors to consider are age, interests, finances, and of course, health issues and concerns.
Disability insurance: Consider these factors
When considering purchase of a disability insurance policy, it’s important to have an exact understanding of the language being used in the policy.
Stock market reaches new heights; is it time to sell?
By their very nature, financial markets rise and fall constantly, with an ever-present potential for gain or loss. The key is to have a plan in place in advance of large market selloffs or large market increases.
Worried about inflation? Here’s what you can do
As the capital markets have improved, more investors have shifted their concern from weathering the financial crisis to anticipating the possible inflationary effects of rising federal spending and debt. This thinking has led many to reassess their bond portfolios and even look at commodity futures as a potential inflation hedge.