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Important Disclosures

Important Disclosures and Public Statements


The articles published here represent the personal views of the author(s), and not necessarily the views of any securities firm, insurance company, FINRA, SEC or organization with which he or she may be affiliated. All statements made in these articles are for general information only and are not intended to provide, nor should they be relied on as, legal or investment advice.  Readers must consult with their qualified investment, tax or legal advisors before relying upon any content contained herein. Statements made in these articles may be incorrect for your state or jurisdiction. Also keep in mind that at the time when you read such statements the underlying rules, regulations and/or decisions may no longer be controlling or persuasive as a matter of investment or insurance law or interpretation.

Consumer Finance Articles

Entries for January 2011

African Americans and Insurance Planning

Do Not Sell Them...Informed Them In 1969, D. Parke Gibson published “The $30 Billion Negro,” an examination of the strength of the African-American consumer. In 1978, he published “$70 Billion in the Black: America's Black Consumers” In  1970, the Black population numbe...

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TAGS: Consumer Education, Financial Empowerment, African American, Black Americans

What Is It That My Investment Professional Do?

Types of Investment Professionals Consumers are challenged with understanding which products and services each different type of  Financial Services Professional can and cannot provide. These professionals may be brokers, investment advisers, certified public accountants, lawyers, insurance ag...

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TAGS: Consumer Education, Stockbroker, Investment Advisor, Adviser, Financial Planner, Insurance Agent

2011 Estate Taxes...Impact On Assets

Estate Tax Law  2011 and 2012…The New Interim NormalThe federal estate and gift tax rates are combined in the single rate schedule effective in 2011 and 2012.  Simply stated, the rate is 35% with an exemption of $5 million. This includes a great new break for widows and widowers. Det...

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TAGS: Estate Planning, 2011 Estate Taxes, Legacy Assets

Less Than 15% Of US Households Approaching Retirement Are Prepared

Research shows that the expected present value of lifetime uninsured health care costs for a typical married couple age 65 is about $197,0003. This includes insurance premiums, out-of-pocket costs, and home health costs and excluding nursing home care. A typical household has a 5-percent risk that ...

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TAGS: Long Term Care, Retirement Planning, Senior Citizen

Credit Cards & Debt Consolidation

Credit card debt is a real issue for older Americans and the problem continue to grow. A recent study shows that low- and middle-income consumers 65 and older carried over $10,235 in average card debt and in a lot of case it is a lot higher. The study also shows that consumers are turning to credit ...

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TAGS: Minorities, Debt Consolidation, Consumer Education, Credit Card Debt, Debt Relief

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