Dear Followers,

I just returned from Camp Widow that is organized by Soaring Spirits International. I spent the day giving back and serving others through presenting on Finance. I also served as an Ambassador to walk beside others who have our experience of the death of their person. It is hard and painful to see each other in pain. The happy part of these Camps is that it provides introductions, connections, and hope. You are not alone. These
newsletters are just a drop of what you can experience at Camp.

The next one is in New York. Go to www.soaringspirits.org.

Carolyn

This Month’s Financial Tip

Financial Tip: Please review and update beneficiary designations regularly. If a person has died, then you definitely need to update the changes in your life if your person was a beneficiary.

Beneficiary: It is a person, organization, or entity that is designated to receive money, property, or other assets from someone else. Common examples are life insurance, annuities, retirement accounts, trusts, wills and estates.

There are primary beneficiaries and contingent beneficiaries. Primary beneficiaries are the first to receive the asset. You can have more than one. Contingent beneficiaries are the next to receive assets if the primary beneficiaries are deceased.

Please reach out if you have questions about how you may want to
designate your beneficiaries. Carolyn can be reached at
[email protected] or 877-328-4037 ×700. 

Avoiding Probate and Beneficiary Designation

Mary contacted me concerned about her bank accounts and her brokerage
account at Fidelity. She wanted to know how to easily have those assets
avoid Probate at her death. Mary informed me that she did not have a Trust.
She had her children on her retirement accounts and she rented a condo
and did not have any real estate.

These are the directions on how to provide beneficiary designations to bank
accounts and brokerage accounts:

1. Bank accounts- ask your bank to provide you with a form called
   “Payable on Death (POD)”. It is a simple form, generally 2 pages. You
   identify yourself and your account numbers. Then you complete your
   beneficiary designations – primary and contingent. The bank then has
   that information in the event you die. It is easily passed to your
   designees.

2. Brokerage accounts – ask your broker or custodian for a “Transfer on
   Death (TOD)” form. This form is completed similarly to your POD form.
   At your death, your designees will receive the assets.

   
   In both cases, you avoid probate. Without these updates on your
   accounts, your money will be probated to determine what you Will says.
   

   Please let me know if you have any concerns about who should be your
   beneficiaries.

   
   We can be a resource to answer any concerns you may have. If your
   accounts are involved, please call your advisor or custodian.

Please call me 941-841-6564 or email me at [email protected]

Aging at Home

This article presents what is on many of our minds as we age. This article presents one option.

Books Worth Reading

I love birds and I have a backyard full of them. One of my favorite books that I enjoy especially as I sit outside this time of year is written and illustrated by Amy Tan. She is the author of the The Joy Luck Club and co-producer and screen writer for the movie by that title. As we heal from the death of our partners, birds can give joy and pleasure as we watch their behaviors.

Just this week, I had two baby doves sitting all day on the side of my porch completely trusting the safety of their surroundings. I hope birds can give you hope as you traverse this difficult journey called GRIEF.

 Backyard Bird Chronicles by Any Tan  

This Month’s Recipe

This time of year we are looking for cool and simple recipes. This month is salad month. Enjoy this tasty and easy salad.

Tzatziki Chickpea Salad

1 cup Greek yogurt
1 garlic clove, grated
2 tablespoons olive oil, plus more for serving
2 teaspoons honey
1 lemon, halved (or more, if desired, for
seasoning)
Salt and pepper
1 pound Persian cucumbers, halved lengthwise
and cut into ½-inch pieces
2 (15-ounce) cans chickpeas, drained
Big handful dill, chopped
Big handful mint leaves, chopped
2 scallions, thinly sliced

Directions

1.  To a large bowl, add the yogurt, garlic, olive oil, honey and the juice of ½ lemon; whisk to combine. If it seems too thick, loosen it up with a splash of water or more lemon juice. Season well with salt and pepper.

2. To the yogurt, add the cucumbers, chickpeas, dill, mint and scallions, and squeeze the remaining ½ lemon over the mixture. Toss to coat. Taste and season well with salt and pepper.

3. To serve, drizzle with additional olive oil.

HYPOTHETICAL EXAMPLE DISCLOSURE

The client scenario presented above is hypothetical and intended for illustrative purposes only. It does not represent an actual client, and any resemblance to a real person or situation is coincidental. The assumptions used (contribution amounts, employer match, and product selection) are simplified for educational purposes and do not reflect all variables that may apply to your individual situation. Hypothetical illustrations have inherent limitations. They do not account for taxes, fees, market fluctuations, product-specific restrictions, or other factors that could materially affect outcomes. Past results are not indicative of future performance. This example should not be construed as a recommendation or guarantee of any specific financial result. Please consult with a qualified financial professional before making any investment decisions.

TESTIMONIALS & ENDORSEMENTS DISCLOSURE

Any testimonials or endorsements featured in Accurate Advisory Group's marketing materials are provided by current clients of Accurate Advisory Group, Inc. and/or Accurate Wealth Management LLC. Clients were not compensated, directly or indirectly, for providing their testimonial or endorsement. Testimonials reflect the individual experiences of those clients and may not be representative of the experience of all clients. Testimonials are not a guarantee of future performance or success. Accurate Advisory Group and its affiliates have a material conflict of interest in presenting client testimonials, as positive testimonials may encourage prospective clients to engage the firm's services. Clients providing testimonials may have a pre-existing personal or professional relationship with firm personnel.

ANNUITY RISK DISCLOSURE

Any reference to lifetime income, guaranteed payments, or other financial benefits associated with annuity products is subject to the claims-paying ability of the issuing insurance company. Annuities are insurance products and are not insured by the FDIC or any federal government agency. Annuity products vary significantly by issuer and contract terms. Surrender charges, fees, and withdrawal restrictions may apply. Tax-deferred growth does not imply tax-free withdrawal; distributions are generally subject to ordinary income tax and, if taken before age 59½, may be subject to a 10% IRS early withdrawal penalty. Fixed annuities carry inflation risk, as fixed payments may lose purchasing power over time. The discussion of annuities in this newsletter is for educational purposes only and does not constitute a recommendation to purchase any specific product. Individual suitability depends on your financial situation, goals, time horizon, and risk tolerance. Please consult with a qualified financial and tax professional before making any annuity-related decisions.

Important Disclosures

This material is for informational purposes only and is not intended as tax or legal advice. Accurate Advisory Group, LLC does not provide tax preparation or legal services. Individuals should consult with a qualified tax professional regarding their specific situation before making any tax-related decisions.

Examples provided are hypothetical and for illustrative purposes only. They do not reflect actual client experiences or guarantee future outcomes. Tax rules and IRS penalty rates are subject to change and may vary based on individual circumstances.