Wealth Management Kalamazoo MI

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.

Ted Feight
Creative Financial Design
(517) 371-5100
8175 Creekside Drive, Suite 200
Portage, MI
Expertises
Ongoing Investment Management, Retirement Plan Investment Advice, Middle Income Client Needs, Women's Financial Planning Issues, Helping Clients Identify & Achieve Goals, Charitable Giving - Trusts & Foundations
Certifications
NAPFA Registered Financial Advisor, CFP®

Sophit Lee
Docsa Capital Management, Inc.
(269) 488-2322, Ext 2 or 4
1210 West Milham Avenue, Suite 201
Portage, MI
Expertises
Ongoing Investment Management, Middle Income Client Needs, Retirement Plan Investment Advice, Retirement Planning & Distribution Rules, Investment Advice without Ongoing Management, Helping Clients Identify & Achieve Goals
Certifications
NAPFA Registered Financial Advisor, CFP®

Mr. Stephen S. Mucci, CFP®
(269) 373-2650
277 S Rose St Ste 3100
Kalamazoo, MI
Firm
Morgan Stanley Smith Barney

Data Provided by:
Mr. Robert F. Tighe, CFP®
(269) 373-2664
277 S Rose St
Kalamazoo, MI
Firm
Smith Barney

Data Provided by:
Mr. Sanford Clay Leestma Ii, CFP®
211 S Rose St
Kalamazoo, MI
Firm
Greenleaf Trust

Data Provided by:
Charles Prudhomme
LVM Capital Management, LTD.
(269) 321-8125 Ext: 33
7840 Moorsbridge Road
Portage, MI
Expertises
Ongoing Investment Management, Charitable Giving - Trusts & Foundations, Estate & Generational Planning Issues, Retirement Planning & Distribution Rules
Certifications
NAPFA Registered Financial Advisor, CFP®

Mr. James R. Curry, CFP®
(269) 492-3602
211 South Rose Street
Kalamazoo, MI
Firm
Greenleaf Trust

Data Provided by:
Ms. Darlene H. Hybels, CFP®
(269) 349-7744
125 S Kalamazoo Mall
Kalamazoo, MI
Firm
Raymond James & Associates Inc

Data Provided by:
Mr. Breat Ray Miller, CFP®
(269) 532-0903
5743 Sandalwood Dr
Kalamazoo, MI
Firm
BRM Advisory

Data Provided by:
Mr. Dean M. Miars, CFP®
(269) 376-8027
108 E Michigan Ave
Kalamazoo, MI
Firm
PNC Bank

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....

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