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Posted in Board Brief, KTFCU News on Sep 18, 2024
Have Your Financial House in Order
Most of us intend to pass our assets and wealth on to the people we love. The problem is many of us have not taken the steps necessary to legally express those wishes. If you are one that hasn’t or know a family member that hasn’t, now is a good time for you to do so.
Here are a few things to consider.
What is your estate?
It is what remains of your financial wealth after all your obligations (debts & taxes) are paid. In financial terms it is your net worth (all assets minus all liabilities). Your estate is usually governed by the State where you resided.
Who...
Posted in Board Brief, KTFCU News on Aug 21, 2024
IT'S A VERY TOUGH SUBJECT; END-OF-LIFE
WHY BRING IT UP? End-of-Life is a topic most people want to avoid.
92% percent of people surveyed say it's an important top.
32% have had at least one conversation with loved ones.
34% have an Advance Directive (outlining their medical desires & who, if not them, makes those decisions).
32% have an Estate Plan with a Will (down from 45% in 1990), which legally documents their financial affairs.
From the statistics, we all know the importance of planning for our future. As a nation,we are less prepared and we do a poor job of communicating it to loved ones...
Posted in KTFCU News, Newsletter on Jul 01, 2024
Posted in KTFCU News, Newsletter on Apr 02, 2024
Posted in KTFCU News on Jun 01, 2023
3.75% apy. for a minimum $ 5,000 deposit
4.00% apy. for a minimum $10,000 deposit
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30 days notice will be given before the special ends.