Baby Boomers represent the largest segment of the United States population with a size of roughly 78 million. Recent studies indicate a couple of trends with regard to this segment. 10,000 Retiring Each Day First, “Boomers” are starting to retire in droves. Recent studies indicate the rate will be steady at about 10,000 per day… Continue Reading
Author Archives: John
Coffee Consumption May Lower the Risk of Alzheimer’s
A new report shows that drinking 3-5 cups of coffee per day may help to protect against Alzheimer’s disease. The Institute for Scientific Information on Coffee (ISIC), a not-for-profit organization based in Europe and devoted to the study and disclosure of science related to coffee and health, published the report. Recent scientific evidence has consistently… Continue Reading
Bothell Football
Congratulations to the Bothell Cougar football team! 2014 Class 4A State Champs!
States Where Your Trust May Have to Pay Tax
Yikes! That sounds ominous. Well it may be depending on certain factors including where one or more of your beneficiaries live. If you die and leave a trust for your three children, those kids grow up and move to a state other than Washington, your trustee may find him or herself filing and paying trust… Continue Reading
Use a Trust to Protect an IRA
Back in June I discussed the implications of the Supreme Court’s decision in Clark v. Rameker (prior post) regarding an IRA. In Clark the Court said that there is no protection from creditors for Inherited IRAs. Seems now many people and advisors are scrambling to implement ways to project these assets. Remember we are not… Continue Reading