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Newsletters/Blogs


Performance Management for Small Businesses: 5 Things Every Owner Needs to Know
From the Building and Protecting Your Business Worth Broadcast | Guest: Ken Somers By: Thomas J. Perrone, CLU,CIC Running a small business means wearing every hat — but one role too many owners neglect is that of a true people manager. On a recent episode of the Building and Protecting Your Business Worth Broadcast , hosted by Thomas J. Perrone of New England Consulting Group of Guilford, guest Ken Somers broke down five critical areas where small businesses can’t afford to
Thomas


ONE BIG BEAUTIFUL BILL AND How To Use Some Of The Strategies That Have Come Out Of The Bill.
Ed Pratesi, the Managing Director of Valuation & Transition Strategies, LLC. I help business owners and their advisors achieve a stress-free process to learn the value of their business, how to increase its value, and the development & execution of a transition strategy or strategies. Enhanced expense deduction capability – be careful how you execute – too much of a good thing can leave you cash poor and a tax liability QSBS – liberalizing the rules allows C corporation bu
Thomas


Veterans Pension Benefit Aid & Attendance
Eligibility Requirements for Veteran Benefits Who Is Eligible? At least 90 days of active duty Must have served at least ONE DAY during a declared state of war - Veteran DID NOT have to see combat Preferred honorable discharge Veteran must have any discharge other than dishonorable Surviving spouse must have been married to veteran at the time of death Surviving spouse cannot remarry to remain eligible unless she remarried a Veteran. Periods of War War of Conflict Beginning
James


U.S. News & World Report Names IDShield Among Best Identity Theft Protection Services of 2022
ADA, Okla.--(BUSINESS WIRE)--Jan 10, 2022-- IDShield, a PPLSI cybersecurity brand empowering a better tomorrow with identity theft solutions, privacy, and reputation management services for individuals and families, has been recognized as one of the Best Identity Theft Protection Services of 2022 by U.S. News & World Report’s 360 Reviews team. U.S. News’ online guide features in-depth information on choosing an identity theft protection service and covers a range of topics in
Michael


Five Ways To Improve Your Account Security In The New Year
At the start of the new year, a time when many of us are thinking about setting resolutions or renewing good intentions, I have been reflecting on the concept of “akrasia.” This is a term that dates back to ancient Greek philosophy and means when we know what we should do, but we do something else instead. In short, akrasia is acting (or not acting) against our better judgment.
Michael


Crisis Planning - Actuarially Sound Annuity : Lopes Annuity
Problem: John has been admitted to the Nursing Home at a cost of $15,000 per month. The concern is to protect Sarah from impoverishment. For John to be approved for Medicaid assistance, Sarah is only allowed to keep $130,380 (in 2021), the home, a car, and funeral policies on each of them. The couple owns a home worth $260,000 (with a $58,000 home equity loan) and savings totaling $586,000. Solution: Working closely with an Elder Law Attorney, we were able to take advantage
Armen


Using an IRA to Fund Long-Term Care Planning
Here is a case study of a 60-year-old couple with the following assets: Home: $425,000 – (all paid for) Savings: $150,000 Husband’s SEP-IRA: $1,400,000 Recommendation: Purchase a 2nd -to-Die Hybrid Policy. The policy is made up of two parts…a qualified Annuity and a Life / LTC policy. Payment: The clients made a one-time $200,000 transfer from the husband’s SEP-IRA into the Annuity. There is no taxable event created by this transfer. Each year, for 10 years, $24,000 is paid
Armen
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