Welcome to Citizens Wealth Management Group
Beneficiary Designation Review
Though often overlooked, beneficiary designations are a vital part of estate planning, as they trump marital laws, wills and court orders. In other words, proper designations will keep your assets from being destributed to an unintended heir. Proper designations may also allow your beneficiaries to extend an account's tax-deferred growth and in many cases, reduce the taxes that are owed.
Lets work together to help you keep control of your assets. Please contact us today with any questions or to set up an appointment. We will be glad to review your current beneficiary designations (if you have any) and statements from each of your bank accounts and retirement plan accounts including employer sponsored plans and individual retirement accounts.
9 Facts About Social Security
There are things about Social Security that might surprise you.
A Brief History of Estate Taxes
Federal estate taxes have long since been a lucrative source of funding for the federal government.
The Cost of Procrastination
Procrastination can be costly. When you get a late start, it may be difficult to make up for lost time.
Variable Universal Life is permanent insurance in which the policyholder directs how premiums are invested.
This worksheet can help you estimate the costs of a four-year college program.
The right executor may help ensure the distribution of your assets is done with as little upheaval as possible.
A change in your mindset during retirement may drive changes to your portfolio.
How to help determine life insurance needs to provide for your family after you pass away.
Probate can be a completely public process, or it can be managed to include as little information as possible.
This calculator shows how inflation over the years has impacted purchasing power.
This calculator compares a hypothetical fixed annuity with an account where the interest is taxed each year.
This calculator demonstrates the power of compound interest.
Assess how many days you'll work in 2012 to pay federal tax liability.
Estimate your monthly and annual income from various IRA types.
Use this calculator to estimates your income tax liability along with average and marginal tax rates.
The chances of needing long-term care, its cost, and strategies for covering that cost.
There are some key concepts to understand when investing for retirement
How federal estate taxes work, plus estate management documents and tactics.
The importance of life insurance, how it works, and how much coverage you need.
A number of questions and concerns need to be addressed to help you better prepare for retirement living.
Using smart management to get more of what you want and free up assets to invest.
Millions faithfully file their 1040 forms each April. But some things about federal income taxes may surprise you.
A will may be only one of the documents you need—and one factor to consider—when it comes to managing your estate.
When do you need a will? The answer is easy: right now.
Women are great at multi-tasking. But many drop the ball when preparing for retirement.
Here are five facts about Social Security that might surprise you.
We all know the stock market can be unpredictable. We all want to know, “What’s next for the financial markets?”