TIC: Legacy Planning

Legacy Planning

Two things are guaranteed in life: death and taxes. Many people have failed to plan for a death event until it really occurred. Unexpected death or unplanned-for death can be costly and cause arguments, even divorces in the family. Legacy planning, presented by Dr. Colin Feng, who specializes in retirement planning and wealth management, focuses on the following:
1.      How to set up bank accounts to avoid probate after death
2.      Death tax considerations (current laws)
3.      Do I need a will or trust?
4.      Do I need life insurance?
5.      Do I need long-term-care insurance?
6.      Charitable contributions
7.      How to make RMD tax-free?
8.      Online banking account passwords, bitcoins, etc.
9.      What if I need to leave bequest to grandchildren instead of children?
10.     How to invest during retirement
11.     What investments are protected from creditors?
12.     Pros and cons of annuities

Wednesday, January 8th
10:00 am to 11:30 am
Complimentary (reservations required)
Facilitator: Colin Feng