Wealth Management South Bend 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.

Jeneen L. Crane, CFP®
(800) 756-6210
110 S. Main St
South Bend, IN
Firm
TCU Investment Services
Areas of Specialization
Asset Allocation, Comprehensive Financial Planning, Education Planning, Estate Planning, General Financial Planning, Investment Management, Investment Planning

Data Provided by:
Mr. Waylon F. Peterson, CFP®
(574) 284-6210
110 S Main St
South Bend, IN
Firm
TCU Trust Services
Areas of Specialization
Wealth Management

Data Provided by:
Mr. David B. Graham Jr., CFP®
(574) 237-3359
1251 N Eddy St Ste 203
South Bend, IN
Firm
Wells Fargo Advisors, LLC

Data Provided by:
Mr. Ronald A. Silverman, CFP®
(574) 232-8000
914 Lincoln Way W Ste 212
South Bend, IN
Firm
Creative Finl Plng Advisors In
Areas of Specialization
Asset Allocation, Comprehensive Financial Planning, Divorce Issues, Investment Management, Retirement Planning, Tax Planning, Tax Preparation
Key Considerations
Average Net Worth: $500,001 - $1,000,000

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

Profession: Not Applicable

Data Provided by:
Joseph A. Catanzarite, CFP®
(574) 232-2650
57065 Lone Oak Ct
South Bend, IN
Firm
Catanzarite Financial Services
Areas of Specialization
Asset Allocation, Budget Development, Business Succession Planning, Charitable Giving, Comprehensive Financial Planning, Employee and Employer Plan Benefits, Estate Planning
Key Considerations
Average Net Worth: $500,001 - $1,000,000

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

Profession: Business Executives

Data Provided by:
Mr. Frederick J. Lamble, CFP®
(574) 237-5209
202 S Michigan St
South Bend, IN
Firm
Key Private Bank

Data Provided by:
Mrs. Karen L Nevorski, CFP®
(574) 855-5083
101 N Michigan St Ste 200
South Bend, IN
Firm
Lake City Bank
Areas of Specialization
Estate Planning, Wealth Management

Data Provided by:
Mr. F. Peter Braasch, CFP®
PO Box 1602
South Bend, IN
Firm
1st Source Bank

Data Provided by:
Mr. Paul W Schaefer Jr., CFP®
(574) 291-2181
1930 E Ireland Rd
South Bend, IN
Firm
TCU Investments
Areas of Specialization
Retirement Income Management, Retirement Planning, Wealth Management

Data Provided by:
Mr. Eric Bradley Ytterberg, CFP®
16285 State Road 23
South Bend, IN
Firm
Edward Jones

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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