Page 13 - Palm City Spotlight - November '19

Palm City Spotlight, Page 13

FinanCial FoCus

Who Can Help You With Your deepest level, and that’s likely to be your financial advisor. legal professional can help you create a will, living trust,
health care directive and any other arrangements you might
If you’ve worked with a financial advisor for years, you’ve
Estate Plans? probably shared your hopes and dreams, as well as all your need in place to carry out your estate plans.
personal financial information. Yet, 64 percent of Americans Keep in mind that the lines between tax and legal advisors
By Bryce Buchanan, report never having discussed estate goals and legacy plans can sometimes become blurred, as some lawyers who focus
Edward Jones with their financial advisors, according to the recent Leaving on estate planning can handle some of the same tasks as a tax
You may know you want a Legacy survey commissioned by Edward Jones. professional. But, in any case, your financial advisor is almost
to leave something behind This figure may indicate a lack of urgency on the part of certainly going to be the one with the broadest view of your
for the next generation, but, investors. But it might also show a lack of awareness on just needs and wishes, and the greatest understanding of what
if you’re like many people, how much a financial advisor can help with planning your you have wanted to accomplish with your wealth throughout
you’re less sure about how to estate. Since your financial advisor is likely the one who your life. If you’re familiar with football analogies, you could
do it. Simply put, you need helped you position your key investments – IRA, 401(k), say your financial advisor is the quarterback of your team,
an estate plan. But who can etc. – into your overall financial strategy, it’s likely this same helping guide the other professionals in carrying out their
help you create one? person can assist you in integrating these types of assets into specialties.
A comprehensive estate your estate plans. So, the next time you meet with your financial advisor,
plan can be complex, Furthermore, your financial advisor is likely well- consider bringing up the topic of estate and legacy planning,
involving various areas – investments, laws and taxes – so connected to tax and legal professionals and can help find assuming it isn’t already part of your discussions. And don’t
you may well need assistance from more than one source. the ones who are the best fit for you in developing other key wait too long. You can’t predict the future, but you should
Specifically, you may need to work with a team consisting parts of your estate plan. For example, a tax professional do whatever you can to prepare for it.
of a financial advisor, an attorney specializing in estate can help you determine if your estate is subject to estate or This article was written by Edward Jones for use by your
planning, and a tax professional. inheritance taxes, and, if so, can suggest strategies to reduce local Edward Jones financial advisor. Edward Jones, its
Putting together such a team may take some effort, but it the amount of taxes owed. Also, a tax professional can advise employees and financial advisors are not estate planners
doesn’t have to be as complex as your estate plan itself. Your you on the possible tax consequences of the investments and and cannot provide tax or legal advice.
first contact may be the professional who knows you on the retirement accounts you wish to leave to your heirs. And a

trivia

I Didn’t Know That ... Bet You Maui at $1,924.04 and Asheville, N.C., at $1,921.82. Of staff, quickly became a New

Didn’t Know It Either course, you can spend far more than $2,000 in New York York Times No. 1 bestseller.
if you add some Broadway shows, go on a 5th Avenue
Trump’s presidency is one
shopping spree, take a helicopter tour of the city and dine of the more controversial
Fascinating trivia facts compiled by Stanley Morgenbesser in Michelin three-star restaurants! presidencies the United States
Which Is The Most Expensive Tourist Destination In What Were The Two Best-Selling Books In 2018? has seen, and nothing sells like
The United States? Fire and Fury: Inside the Trump White House (Michael conflict. Michelle Obama’s
A trip to the Big Apple will set you back the most out Wolff) came in at No. 1 of the best-selling books for the first memoir, Becoming, was the
of any tourist destination in the United States, comparing half of the year, and sales didn’t slow much in the last six No. 1 bestselling book on
the average costs for airfare, hotel, transportation and months of 2018. The 336-page book gives a comprehensive both Amazon and Barnes
other expenses in 30 U.S. tourist destinations, based on overview of what happened in the White House during the first and Noble in 2018 – and
two adults staying for three nights. A three-night stay in nine months Donald Trump was president. The book, with its considering it didn’t come
New York will set you back about $2,070.36, followed by detailed descriptions of the behavior of President Trump and his out until Nov. 13, that’s quite a feat. In her memoir, she talks
candidly about her life, describing in honest detail how she got
from her Chicago upbringing to the White House. And people
loved it: Becoming has been at the top of Amazon’s bestseller
list longer than any other book ever has.
Which President Was Buried Without His Brain?
JFK’s brain had been removed during his autopsy and
stored in the National Archives. Three years later, the brain had
vanished and people have been speculating what happened to
it ever since. Many conspiracy theorists claim the brain was
stolen to cover up details about his assassination, or even to
hide illnesses he was suffering from. He is the only president
buried brainless.

Happy
Happy
Thanksgiving!
Thanksgiving!

Why Be a Fifth Wheel at the

Table this Month?
.
. One-on-One Matchmaking R.S.V.P. for 25 28 YEARSof
. NOT Online Dating Holiday est. 1991
MATCHMAKING
. Single Parties (Optional) Connections
. Private and Con dential
. 90% Success Rate or for One-on-One Dates!
All Clients Pre-Screened
. Representing Ages 21-80+ * Limited Space.
* Beat the Holiday Rush!

Kelly Leary, M.S.
CALL TO SPEAK TO A LIVE MATCHMAKER NOW! THE Florida Matchmaker
561.630.XOXO (9696)

*Schedule Your Appointment Today. Chance of Booking Solid: HIGH