When clients consider purchasing commercial property through a Self-Invested Personal Pension (SIPP) or Small Self-Administered Scheme (SSAS), VAT is often overlooked in the initial planning stages. However, Value Added Tax can have significant financial implications on your property investment strategy. As a SIPP specialist with years of experience helping clients navigate these complex waters, I … Read more
There is a big difference between investing in your 40s or 50s and investing when you are 80 years old. Many older people waste their hard-earned cash by either taking too many risks or being too cautious, leaving their money behind as prices rise. You’ve come to the right place if you want to know … Read more
A $300,000 annuity pays about $1,924/month for a 65-year-old male or $1,834 for a woman with an immediate lifetime annuity. Payments vary based on age, type and customizations. Heres how to estimate monthly payouts for your unique needs and long-term financial goals. Looking to secure your retirement with a steady income stream? You’re not alone! … Read more
Discover the steps involved in closing probate and ensuring a final distribution of assets. Read on for tips on how to navigate the process smoothly and efficiently. Probate is an important legal process that administers an estate of an individual who passed away. It has several important steps that must be taken before it can … Read more
Managing assets like real estate in an irrevocable trust can sometimes present challenges, but trusts also provide many benefits. Selling a home held in an irrevocable trust is possible, though it requires following specific guidelines to ensure the process is handled correctly. At Casey Lundregan Burns, P. C. , we have spent generations guiding families … Read more
More than 74 million Social Security beneficiaries will still receive their payments amid a federal government shutdown. But while the agencys local offices are slated to stay open, certain services may not be available. According to a statement from the agency, the Social Security Administration will continue to do business as planned by following a … Read more
Have you ever had to dip into your retirement funds early, only to wonder if there’s any way to undo the damage? Well I’ve got some good news for ya! There is a way to return funds to your IRA after taking a withdrawal – but you’ve gotta follow some strict rules to avoid penalties … Read more
Find out who qualifies for the $255 Social Security death benefit, and the documents you need to apply for this benefit. 3 min read. When a Social Security-insured worker dies, close family members of the deceased worker may be eligible to claim various benefits from Social Security. One of these benefits is the one-time lump … Read more
Even though the Social Security Administration runs the Supplemental Security Income program, it is not paid for by Social Security taxes like the Social Security Disability Insurance program is. Instead, SSI benefits are funded by general tax revenues collected by the federal government. Adults and children who qualify for SSI get money every month to … Read more
Is $1.5 Million Really Enough for Your Dream Retirement? Hey there future retirees! Today I’m tackling that million-dollar question (well actually the one-and-a-half-million-dollar question) that’s probably keeping you up at night Can you retire with $1.5 million comfortably? Let’s face it – retirement planning is confusing as heck. You may have heard a lot of … Read more