Broadridge/Forefield Articles

Articles by Broadridge/Forefield

Trust Basics


Whether you're seeking to manage your own assets, control how your assets are distributed after your death, or plan for incapacity, trusts can help you accomplish your estate planning goals. Their power is in their versatility — many types of trusts exist, each designed for a specific purpose. Although trust law is complex and establishing [...]

Trust Basics2019-10-28T14:47:50-04:00

Asset Allocation


Asset allocation is a common strategy that you can use to construct an investment portfolio. Asset allocation isn't about picking individual securities. Instead, you focus on broad categories of investments, mixing them together in the right proportion to match your financial goals, the amount of time you have to invest, and your tolerance for risk. [...]

Asset Allocation2019-10-28T14:50:43-04:00

Transferring Your Family Business


As a business owner, you're going to have to decide when will be the right time to step out of the family business and how you'll do it. There are many estate planning tools you can use to transfer your business. Selecting the right one will depend on whether you plan to retire from the [...]

Transferring Your Family Business2019-10-28T14:51:35-04:00

Tapping the Equity in Your Home


Over time, the value of your home has grown and your mortgage balance has been reduced (or even eliminated). The equity (the property's value minus any liens against it) you now have in your home is a reservoir of funding potential. You may decide to tap into it for various purposes, such as remodeling your [...]

Tapping the Equity in Your Home2019-10-28T14:53:53-04:00

Choosing an Entity for Your Business


Now that you've decided to start a new business or buy an existing one, you need to consider the form of business entity that's right for you. Basically, three separate categories of entities exist: partnerships, corporations, and limited liability companies. Each category has its own advantages, disadvantages, and special rules. It's also possible to operate [...]

Choosing an Entity for Your Business2019-10-28T14:54:37-04:00

Insuring Your Vacation Home


Vacation homes require a special type of insurance--one that protects your vacation home but doesn't overlap with your already existing homeowners insurance coverage. Here are some things to consider when insuring your vacation home. What is covered under your primary residence's homeowners insurance? Most homeowners insurance policies provide limited coverage for personal property at [...]

Insuring Your Vacation Home2020-03-06T15:56:01-05:00

Tax-Advantaged Ways to Save for College


In the college savings game, all strategies aren't created equal. The best savings vehicles offer special tax advantages if the funds are used to pay for college. Tax-advantaged strategies are important because over time, you can potentially accumulate more money with a tax-advantaged investment compared to a taxable investment. Ideally, though, you'll want to choose [...]

Tax-Advantaged Ways to Save for College2019-10-28T14:56:02-04:00

Mutual Funds: Building Blocks for a Retirement Portfolio


Diversification — not putting all your eggs in one basket — is one of the most cherished principles of investing. That's one reason why mutual funds have become a popular choice for many investors' workplace retirement accounts. They're an easy way to invest in many different securities at once, and to do so at a [...]

Mutual Funds: Building Blocks for a Retirement Portfolio2019-10-28T14:57:24-04:00

Disability Income Insurance for Business Owners


A disability can create substantial economic hardship for individuals and their families. As a business owner, both your personal finances and your business could be at risk. If you were to lose the ability to earn income due to a disabling accident or illness, how would you pay your bills, send your kids to college, [...]

Disability Income Insurance for Business Owners2019-10-28T14:57:44-04:00

Understanding Probate


When you die, you leave behind your estate. Your estate consists of your assets — all of your money, real estate, and worldly belongings. Your estate also includes your debts, expenses, and unpaid taxes. After you die, somebody must take charge of your estate and settle your affairs. This person will take your estate through [...]

Understanding Probate2019-10-28T14:58:05-04:00