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Dear June,
I (Glen) will be out of the office from May 22, 2009 to June 1, 2009. During that time I will have limited access to my e-mails and voicemail. If you have an urgent need and I am not available please contact KMS Financial Services at (206) 441-2885.
From time to time, I will be sending you brief thoughts, ideas or concepts called Golden Bullets that may be beneficial to you or someone you know. I hope you find it interesting and helpful.
Not every Golden Bullet will be applicable to your particular situation. However, you may know people who might benefit from the information. If that is the case, I'm sure they would appreciate you sharing it with them. |
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Bump Key
In these stressful times, desperate people can easily enter your home or business with a bump key. See how this is possible at
Video #1
Millions of people have learned how to make and use bump keys or simply obtain them inexpensively through the Internet. How safe are you and your family? There are many effective ways to protect yourself and your family, such as those described at Resource #1
For a more inexpensive do-it-yourself solution, you might visit
Do-It-Yourself Solution .
The important thing is to do something to avoid loss before becoming a victim!
What am I doing about this security threat?
I ordered bump-proof retrofit cylinders for the deadbolts on our home from Valley Forge Lock (VFlock.com) and easily installed them. My family is now safe from this real threat. Please take this threat seriously and get some help with a solution if you are not able to personally install it.
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CHARITABLE LEAD TRUST PLANNING:
Sophisticated charitable giving techniques can allow donors to accomplish a number of philanthropic, family and tax objectives. The tools available include
· Charitable remainder trusts
· Charitable gift annuities
· Testamentary gifts
· Family foundations
· Charitable lead trusts
In today's environment, charitable lead trust (CLT) planning is especially attractive. With a CLT, money or property is set aside by the donor in trust. The trust's assets are invested, and a certain percentage of the trust's value is paid for a number of years to a qualified charity. This
payment to charity is sometimes referred to as the lead interest.
At the end of the term during which the lead interest is paid, the remaining trust value is either returned to the donor (a Grantor CLT) or the donor's family (a Family CLT). It is also possible for a donor to make CLT gifts that take effect at death using a Testamentary CLT.
Why is now a good time to think about CLT planning?
1. Interest rates are low. In a low interest rate environment, the value of a lead interest paid to charity is relatively high. That means that a CLT will generate a higher income tax deduction for the donor of a Grantor CLT. It also means that amounts transferred to remainder beneficiaries of a Family CLT can be accomplished at a low gift tax cost. Finally, for those who pass away during a low interest rate environment leaving a Testamentary CLT, the strategy can generate bigger estate tax deductions than it would during times when interest rates are high.
2. Many experts believe that the potential for investments to appreciate is high. Most real properties and equities are valued at substantial discounts to their year-ago prices. If investments owned by a CLT actually appreciate at a rate in excess of 4%, implementing the CLT may provide positive income tax, gift tax or estate tax leverage for donors and their families.
A CLT is not a fit for every situation. For those who are interested in making charitable gifts that also provide tax and family benefits, a detailed evaluation with tax advisors and other knowledgeable professionals is required.
How can Transition Planning help you with CLT Planning?
At Transition Planning we will sit down with you and discuss all the different types of Trusts mentioned in the above article, and see if one would fit with you and your financial goals. When we meet we can look at all the different pieces of your financial plan and use our software to give you a clear picture of exactly how a trust may or may not benefit you.
If any of the Charitable Trusts mentioned above in this article are of interest to you, please give me a call at 425-868-7141 or e-mail me at Glen@transitionplanninginc.com, so we can set up a meeting to discuss your options.
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If you have any questions about the content of this article or would like to discuss your current financial plan (even if you are not currently a client) please contact me so we can set up a time to get together.
To send me your current data in encrypted format from a secure website, please go to
Secure Financial Questionnaire .
If you wish to stop receiving my newsletter, please click the "safeunsubscribe" button at the bottom of this newsletter.
Sincerely,
Glen Thiessen
425-868-7141 Office
206-409-4329 Mobile
866-785-4453 FAX
glen@transitionplanninginc.com
www.transitionplanninginc.com
22221 NE 11th Place, Sammamish, WA 98074
Securities and Investment Advisory Services offered through KMS Financial Services, Inc. Investments are not guaranteed and may lose value. Trade requests left on voice mail or email cannot be processed for security reasons. | | |
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KMS Quarterly Newsletter |
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Each Quarter KMS Financial produces a Newsletter that discusses new changes and the overall state of the economy. You can access the KMS Quarterly below.
KMS Quarterly |
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