Fleishel Financial News
The news on this geo-political event called Brexit is flooding the airwaves by the media fanning the flames and feeding the fear frenzy. In deciphering all the of the hype, here’s a few key points that should help us keep a calm perspective on the events that have unfolded and what we might expect.
25 Years is a quarter of century and the opportunity for Fleishel Financial Associates and our clients to celebrate an important anniversary milestone. In 1989, I was launched as a fresh graduate from the Stetson University MBA program. Well, being the perpetual optimist, without a single contact or client, I was too naive to know the odds were stacked against me to build a successful wealth management practice especially in a smaller community like Deland. I remember getting a small business loan to get started on nothing much more than a promise from a very trusting bank president who took a chance on me.
If you are a non-spousal beneficiary on an annuity contract, there is a lesser known tax strategy that can significantly reduce the income tax you may pay if there is a built up gain in the policy. Distributions from a non-qualified annuity contract are taxed “gain first” as ordinary income called income in respect to a decedent. When the owner of a non-qualified deferred annuity dies and leaves the money to a non-spouse individual beneficiary, that beneficiary has several different distribution options: 1) The Five-year Rule 2) Nonqualified Stretch or 3) Annuitization
We’ve all had friends, relatives or acquaintances that have exhibited some signs of loss of mental acuity. Early detection of Alzheimer’s disease and other dementias is vital to helping protect the financial future of those affected and their families.
Fleishel Financial Associates is an Independent Registered Investment Advisor.
Raymond James financial advisors may only conduct business with residents of the states and/or jurisdictions for which they are properly registered. Therefore, a response to a request for information may be delayed. Please note that not all of the investments and services mentioned are available in every state. Investors outside of the United States are subject to securities and tax regulations within their applicable jurisdictions that are not addressed on this site. Contact your local Raymond James office for information and availability. Investment advisory services are offered through Raymond James Financial Services Advisors, Inc. and Fleishel Financial Associates, Inc. Fleishel Financial Associates, Inc. is not a registered broker/dealer and is independent of Raymond James Financial Services. Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™, CFP® and CFP® in the U.S., which it awards to individuals who successfully complete CFP Board's initial and ongoing certification requirements.