Wealth Management Owensboro KY

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. James D Weafer, CFP®
(270) 240-4752
2703 Breckenridge St Ste A
Owensboro, KY
Firm
Financial Freedom Partners
Areas of Specialization
Comprehensive Financial Planning, Employee and Employer Plan Benefits, Estate Planning, General Financial Planning, Investment Management, Investment Planning, Long-Term Care
Key Considerations
Average Net Worth: Not Applicable



Data Provided by:
Mr. Gregory Louis Moore, CFP®
(270) 926-4540
2900 Veach Rd
Owensboro, KY
Firm
Riney Hancock & Co
Areas of Specialization
Asset Allocation, Comprehensive Financial Planning, Estate Planning, Investment Management, Retirement Income Management, Retirement Planning, Tax Planning

Data Provided by:
Mr. C. Philip Clark, CFP®
(270) 686-8114
101 E 2nd St
Owensboro, KY
Firm
Financial Freedom Partners LLC

Data Provided by:
Mr. Gerald P Goetz, CFP®
(270) 240-4752
2703 Breckenridge St Ste A
Owensboro, KY
Firm
Financial Freedom Partners
Areas of Specialization
Asset Allocation, Comprehensive Financial Planning, Investment Management, Investment Planning, Retirement Income Management, Retirement Planning

Data Provided by:
Mr. James A. Braden, CFP®
(270) 215-4472
202 E Byers Ave
Owensboro, KY
Firm
Braden Financial Services
Areas of Specialization
Charitable Giving, Comprehensive Financial Planning, Education Planning, Employee and Employer Plan Benefits, Estate Planning, Investment Management, Long-Term Care

Data Provided by:
Mr. Jeffrey S. Oldham, CFP®
(270) 926-4630
300 Southtown Blvd
Owensboro, KY
Firm
LPL Financial
Areas of Specialization
Comprehensive Financial Planning, Estate Planning, Investment Management, Long-Term Care, Retirement Income Management, Retirement Planning

Data Provided by:
Ms. Christina Lee Vittitow O'Bryan, CFP®
(270) 688-0840
4075 Pine Lake Ct
Owensboro, KY
Firm
Beacon Asset Management
Areas of Specialization
Comprehensive Financial Planning, Education Planning, Investment Management, Retirement Planning

Data Provided by:
Mr. Jeremy G. Tincher, CFP®
(270) 240-4752
2703 Breckenridge St Ste A
Owensboro, KY
Firm
Financial Freedom Partners
Areas of Specialization
Investment Management
Key Considerations
Average Net Worth: $500,001 - $1,000,000



Data Provided by:
Mr. Heath B. Greenwell, CFP®
(270) 663-7249
2200 E Parrish Ave
Owensboro, KY
Firm
Amerpirse Financial

Data Provided by:
Mr. Gregory C. Longtine, CFP®
(270) 684-6823
1925 Frederica St Ste 100
Owensboro, KY
Firm
Wells Fargo Advisors, LLC
Areas of Specialization
Asset Allocation, Education Planning, Estate Planning, Investment Management, Investment Planning, Long-Term Care, Retirement Income Management

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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