Wealth Management Brazil IN

High net worth individuals and organizations can opt to employ a wealth manager to handle their financial issues, including things like estate planning, taxes, investment management and more. Wealth management services are provided by corporations, financial advisors and multi-licensed portfolio managers. They use wealth management strategies to help their clients grow their wealth and assets as well as to navigate tax law. Wealth managers oversee all the financial affairs of their clients, which can be extremely helpful for those with numerous and diverse financial holdings.

Mr. Stanley E. Poorman, CFP®
(812) 234-1617
2901 Ohio Blvd Ste 156
Terre Haute, IN
Firm
CliftonLarsonAllen Wealth Advisors
Areas of Specialization
Asset Allocation, Budget Development, Comprehensive Financial Planning, Education Planning, Estate Planning, General Financial Planning, Insurance Planning

Data Provided by:
Thomas Foster, CFP®
(812) 231-1822
401 Wabash Ave
Terre Haute, IN
Firm
Morgan Stanley Smith Barney
Areas of Specialization
Asset Allocation, Charitable Giving, Comprehensive Financial Planning, Education Planning, Employee and Employer Plan Benefits, Insurance Planning, Retirement Income Management
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000

Average Income: $250,001 - $500,000

Profession: Self-Employed Business Owners

Data Provided by:
Robert A. Vickers, CFP®
(812) 478-7010
401 Ohio St
Terre Haute, IN
Firm
Merrill Lynch
Areas of Specialization
Comprehensive Financial Planning, Education Planning, Investment Management, Retirement Income Management

Data Provided by:
Mr. Michael W. Collins, CFP®
(812) 232-0196
1210 S Third St
Terre Haute, IN
Firm
Northwestern Mutual Financial
Areas of Specialization
Asset Allocation, Business Succession Planning, Comprehensive Financial Planning, Estate Planning, Insurance Planning, Investment Planning, Long-Term Care

Data Provided by:
Mr. Gene E. Griffin, CFP®
(812) 299-8900
1190 E Canvasback Dr
Terre Haute, IN
Firm
Capital Planning Systems
Areas of Specialization
Asset Allocation, Business Succession Planning, Charitable Giving, Comprehensive Financial Planning, Employee and Employer Plan Benefits, Estate Planning, Insurance Planning
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000

Average Income: $100,001 - $250,000

Profession: Self-Employed Business Owners

Data Provided by:
Troy Thomas Charters, CFP®
(812) 232-1144
401 Wabash Ave
Terre Haute, IN
Firm
Morgan Stanley Smith Barney

Data Provided by:
Gay Ann Monninger, CFP®
(812) 232-0700
328 South 5th Street
Terre Haute, IN
Firm
Swan Street Financial, LLC

Data Provided by:
Mr. Robert W. Davidson, CFP®
(812) 298-2671
4675 S US Highway 41
Terre Haute, IN
Firm
LPL Financial

Data Provided by:
Ms. Sharon L. Robinson, CFP®
(812) 299-8027
229 Highland Ct
Terre Haute, IN

Data Provided by:
Mr. Marc E. Weaver, CFP®
(812) 467-3193
3300 E. Margaret Avenue
Terre Haute, IN
Firm
MetLife, Inc.

Data Provided by:
Data Provided by:

Wealth Management

By: Jonas Zamora
Jonas Zamora is a Certified Financial PlannerTM professional. You may contact him at jzamora@zacks.com

Benefits of Estate Planning

Have you ever been advised that you should have an estate plan? You hear the advice and, like most folks, don’t have a clear idea of why you should have one. I read an article by financial planner Elaine Floyd, which outlines the reasons why you should have an estate plan.

Let’s start with the benefits. An estate plan allows you to:

1. Direct the distribution of your wealth at death. An estate plan allows you to name the people, or charities, that will receive your assets. Otherwise, the courts will decide for you based on the laws of succession in your state.
2. Save on estate taxes. The estate tax still exists at least until 2009. In 2010 it will be repealed but may come back in 2011. This year, assets that total up to $2 million are exempt from federal estate taxes. The top tax rate on assets above that amount is 45%. Keep in mind that state inheritance tax has not been abolished either.
3. Save money on probate fees and keep your privacy. Probate fees can run up to about 10% of your estate’s value. Keep in mind that probate is time consuming and a matter of public record.
4. Protects assets while you are alive. Estate planning strategies can help protect you in case of lawsuits and divorce.
5. Prepare for incapacity. What happens if you are unable to handle making the payments for the care you receive while incapacitated? Who will manage your care and finances? An estate plan can help assure your well being if you become unable to make your own decisions....

Click here to read the rest of this article at Zacks.com