Plan Your Financial Future [electronic resource] : A Comprehensive Guidebook to Growing Your Net Worth /
Fevurly, Keith R.author.
Get your financial life in order. This comprehensive and objective guidebook will help you grow your net worth on a steady and increasing basis, regardless of your income level. This new and expanded edition covers changes and strategies to maximize financial benefits and planning resulting from the recent tax legislation, beginning January 2018, and changes to the Affordable Care and Protection Act of 2010. Covering all the financial bases you can reasonably expect to confront in your lifetime, such as insurance, investing, income tax planning, Social Security, Medicare, and more, this vital resource begins with techniques to protect a consumer's personal and business assets. It then transitions into the wealth accumulation process and outlines tax management measures, as well as the distribution of wealth for higher education, retirement, and estate planning purposes. Written by an expert and long-standing educator in the field of personal financial planning, Plan Your Financial Future is a no-nonsense, straightforward, and holistic view of the financial planning process. It is the one resource you need to become a more knowledgeable saver and translate those savings into the accumulation of future wealth. What You'll Learn: Insure yourself, your family, and your property against the possibility of significant loss Invest in financial or real assets—or both Implement effective tax planning and management techniques Distribute your estate at death to your intended beneficiaries in a tax-efficient manner Discover strategies to maximize financial health taking into consideration the new tax legislation, effective January 1, 2018.
Part 1: The Financial Planning Process -- Chapter 1: Understanding the Challenge: The Need to Begin -- Chapter 2: Do You Need a Financial Planner? -- Chapter 3: Elements of Personal Financial Planning and the Wealth Management Process -- Part 2: Protecting Yourself, Your Family, and Your Property -- Chapter 4: Insuring Yourself and Your Family -- Chapter 5: Insuring Your Health and Long-term Care -- Chapter 6: Insuring Your Earning Power -- Chapter 7: Insuring Your Property -- Chapter 8: Optimizing Your Employment Benefits -- Part 3: Accumulating Wealth -- Chapter 9: Investing in Financial Assets -- Chapter 10: Investing in Real Assets -- Chapter 11: Investing in Use Assets -- Part 4: Defending Wealth -- Chapter 12: Income Tax Planning and Management -- Chapter 13: Transfer Tax Planning and Management -- Chapter 14: Life Events that Endanger Wealth -- Part 5: Distributing Wealth During Your Lifetime -- Chapter 15: Planning for Your Child’s Higher Education -- Chapter 16: Planning for the Financial Aspects of Retirement -- Chapter 17: Planning for the Lifestyle Needs of Retirement -- Chapter 18: Planning for Other Lifetime Goals -- Part 6: Distributing Wealth at Death -- Chapter 19: Estate Planning -- Chapter 20: Philanthropy -- Part 7: Summarizing the Personal Financial Planning Process -- Chapter 21: Reaping the Rewards -- Appendix A: Sample Data-Gathering Form -- Appendix B: Sample Budget -- Appendix C: Power of Attorney -- Appendix D: Declaration as to Medical or Surgical Treatment and Medical Durable Power of Attorney -- Appendix E: Sample Personal Letter of Instruction -- Glossary.-.
Get your financial life in order. This comprehensive and objective guidebook will help you grow your net worth on a steady and increasing basis, regardless of your income level. This new and expanded edition covers changes and strategies to maximize financial benefits and planning resulting from the recent tax legislation, beginning January 2018, and changes to the Affordable Care and Protection Act of 2010. Covering all the financial bases you can reasonably expect to confront in your lifetime, such as insurance, investing, income tax planning, Social Security, Medicare, and more, this vital resource begins with techniques to protect a consumer's personal and business assets. It then transitions into the wealth accumulation process and outlines tax management measures, as well as the distribution of wealth for higher education, retirement, and estate planning purposes. Written by an expert and long-standing educator in the field of personal financial planning, Plan Your Financial Future is a no-nonsense, straightforward, and holistic view of the financial planning process. It is the one resource you need to become a more knowledgeable saver and translate those savings into the accumulation of future wealth. What You'll Learn: Insure yourself, your family, and your property against the possibility of significant loss Invest in financial or real assets—or both Implement effective tax planning and management techniques Distribute your estate at death to your intended beneficiaries in a tax-efficient manner Discover strategies to maximize financial health taking into consideration the new tax legislation, effective January 1, 2018.
Personal finance.
Insurance.
Investment banking.
Securities.
Risk management.
Capital investments.
Business.
Personal Finance/Wealth Management/Pension Planning.
Insurance.
Investments and Securities.
Risk Management.
Investment Appraisal.
Business and Management, general.