Stretch Assets over Multiple Generations Ever wonder how you can
stretch assets over multiple generations? You're not the only one.
Benjamin Franklin was always a curious fellow. His amazing and unstoppable
curiosity made him a legend in his own time and a legend of American
history. That curiosity led to the discovery of many things, his
discovery of electricity by attaching a metal key to a kite being the
most famous. One area of curiosity for Mr. Franklin all of his life was
the amazing power of compound interest over time to create wealth.
Literally putting his money where his mouth was, Franklin had one last
experiment he wanted to try. At his death in 1790, his will (which can
be found online) stipulated that he was bequeathing $4000 to the city
of Philadelphia with the condition that they had to leave it alone for
... 200 years. In 1990, the city of Philadelphia received from the
estate of Benjamin Franklin a total of ... $2.2 million!Thanks to changes in the tax treatment of inherited IRAs you can maximize your IRA. That same concept of tax deferred compound growth over a long period of time can, with proper planning, be used to enhance your legacy in profound ways. Take a look at this case study. Notice: Learn more about our team and why you may want to consider contacting us. We are a Maryland-based business for local residents but we can also direct you to the appropriate agent in your area regarding the same strategies that we offer to improve your safe money management plan. Your future and your family will thank you for it!
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Randall Roberts |
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