Here is our monthly review video with a special Financial Planning Tip of the month as well. For those newbies, we round out each month with a Financial Planning tip from the trenches as well as a review of the most important Economic and Capital Market events. It all kicks off with a video summary that includes extra thoughts and more specific points with words rather than letters.
So here we go!
FINANCIAL PLANNING TIP OF THE MONTH: Dust Off those Estate Documents
Who says spring cleaning has to happen in the spring. If you have not reviewed your Wills and Estate Documents in 5 years, the time is now.
- Trusts if applicable
- POA – Power or Attorney (Financial and Medical)
- HIPPA (release of medical information)
- Living Will – DNR (do not resuscitate) – AKA Cease and Decease (Un plug me doc)
These are your key Estate Documents … Be sure they say what you want them to! Take 15 minutes, to review, if you don’t have time, we will be glad to help! We always like having a soft copy in your personal vault for your and our quick reference too!
David V Goliath Political Situation
Wow….tea party folks take note, a relatively unknown takes out a staunch incumbent at the primary. This should make for very interesting fall elections.
Eric Cantor defeated by unknown David Brat.
Surprise No Interest Rate Talks – CPI
After exhausting many, including ourselves at times, 10 year interest rates have moved back up to a zone that is more comforting to us FOR NOW, however, just like clockwork, a hot CPI number posted to grab our ADD (attention deficit disorder) attention.
We are watching closely, here is a deeper post too.
Have a Great Day!
John A. Kvalehttp://www.jkfinancialinc.com http://www.street-cents.com 8222 Douglas Ave # 590 Dallas, TX 75225
Filed under: Economy, General Financial Planning, Interest Rates, Investing/Financial Planning, Video Tagged: David Brat, Eric Cantor, Estate, Estate Planning, Will