Categories
New Parents

Next of Kin Definition [Video]

Watch/Read More

Next of kin is usually defined as a person's closest living blood relative, someone who may have inheritance rights, and obligations.

The next-of-kin relationship is important in determining inheritance rights if a person dies without a will and has no spouse and/or children. They may also have responsibilities during and after their relative's life. For example, the next of kin might need to make medical decisions if the person becomes incapacitated, or take responsibility for their funeral arrangements and financial affairs after their relative dies.

Next of kin is sometimes interpreted in a broader sense, to include the spouse or any person who would receive a portion of the estate by the laws of descent and distribution if there is no will. In this context, next of kin would include a spouse i.e. a person related by the tie of legal marriage. Identifying a next of kin is less important, at least legally, if the person who died …

Categories
New Parents

Are you sure you're making the right choices for your retirement? What if I showed you a better way to save for your future? In this video, I'll reveal the biggest mistake people make when saving for retirement so you can fix this early on!To your abundance!Doug AndrewKey Moments In This Episode========================00:00 Intro & Summary00:33 The Biggest Mistake People Make When Saving For Retirement02:35 Where To Put Your Money Based On Increasing Taxes03:36 Are Roths Better Than IRAs Or 401(k)s?04:57 Factors That Can Negatively Impact Retirement Funds06:34 What Happens With Your Money In IRAs And 401(k)s08:03 What Is A Strategic Roll-Out In Finance?09:30 What To Do With Your Retirement Fund 10:35 How To Protect Your Money With The LASER Fund11:51 Learn More About The LASER FundWhat To Watch Next========================How To Live Tax-Free During Retirementhttps://youtu.be/Lewga8qy8PQDid you love this video? Want to learn more wealth and life empowerment lessons from Doug? Here are some next steps!========================How to Diversify and Create the Foundation for a Tax-Free Retirementhttps://laserfund.com/How to Lead Your Family/Business from “ME” to “WE”https://entitlementabolitionbook.com/Visit Doug Andrew’s website:https://dougandrew.com/Music========================Song: LiQWYD - Glow (Vlog No Copyright Music)Music provided by Vlog No Copyright MusicVideo Link: https://youtu.be/LrHW88Yc4CU30 Day free trial of TubeBuddy:https://www.tubebuddy.com/freetrial?a=bethehero========================Video by Nate WoodburyBeTheHeroStudios.comhttp://YouTube.com/c/NateWoodbury#DougAndrew#3DimensionalWealth#AbundantLiving

Categories
New Parents

Roth Conversions can be a good way to prospect and find out your client's total asset holdings. Stand out from your competitors and become a Roth Conversion expert by joining us for this webinar.Other benefits of Roth Conversions:No RMDs for owner and/or spouseTax free componentAnyone who has a traditional IRA is a candidateTaylor Jurek with Allianz is going to go over the ease of doing Roth Conversions with Allianz. He will also be discussing a 25% Bonus they have going for a limited time, as well as introduce the Auto Lock Capabilities you can use on Allianz products.