William Madison Swayne
William M. Swayne II, WMS's CEO and founder, began his career in the financial services industry in 1972, after graduating from the University of Washington. Mr. Swayne received his honorable discharge in 1970 from the US Air Force after serving 4 years as a Romanian linguist during the Vietnam conflict. Following his service to his country, he completed his MBA in finance from City University and earned his CERTIFIED FINANCIAL PLANNERTM certification, Chartered Financial Consultant (ChFC) and Chartered Life Underwriter (CLU) designations. Raised in Seattle, Mr. Swayne is active in many private and public organizations, serving on the national board member of Youth for Christ USA for the last 10+ years, ex-officio director of the TICA/REISA (formerly the TIC trade association) board and founding chair member of the Marketing Committee of TICA. Bill has been married for over 40 years to his wife, Candace Swayne, co-founder and President of WMS. Together they believe that their biggest accomplishment is the raising of their five children (one of which is with WMS) and now celebrate 14 grandchildren and 1 great grandchild.
How Will I Pay Estate Taxes? Estate taxes.
It’s not enough to simply know they exist and to know strategies to minimize them. When it comes down to it, you need to plan how you and your family will eventually pay them. The Estate Tax Dilemma Estate taxes are generally due nine months after the date of death. And they are due in cash. Estate Tax Options There are four main sources of funds to pay estate taxes. Another option would be to borrow the money. The third option involves liquidation. The fourth option — one that is often a prudent way to pay estate taxes — is life insurance. What Can Life Insurance Provide? Life insurance can provide a timely death benefit, in cash, that can be used to pay estate taxes and other costs. Granted, life insurance does require premium payments.
The cost and availability of life insurance depend on factors such as age, health, and the type and amount of insurance purchased. Coping with estate taxes may be a difficult proposition for you or your survivors. How can I control the distribution of my estate? There are a number of ways your estate can be distributed to your heirs after your death.
Each allows a different degree of control over distribution, and each poses different challenges and opportunities. If you haven’t taken steps already, it’s important to consider planning now for the distribution of your assets. Intestacy If you die without a will, it is called dying “intestate.” Can I Benefit from an A-B Trust? Married couples have several ways to potentially avoid any estate tax liability when they leave assets to each other.
Because of the unlimited marital deduction, no estate taxes are due when one spouse dies and leaves his or her assets to the survivor (as long as the surviving spouse is a U.S. citizen). However, this may merely postpone taxes that would be due until the death of the second spouse. Federal estate taxes would be owed on the portion of the estate that exceeds the applicable estate tax exemption ($5.49 million in 2017).
One basic method to maximize the exemption for both spouses has been an A-B trust (also known as a bypass trust), which preserves the estate exemption of the first spouse to die and also enables the last-surviving spouse to utilize the exemption — essentially doubling the amount exempted from the estate tax. First, a little background on the changes in the estate tax as a result of the American Taxpayer Relief Act of 2012. How Can I Build and Preserve My Estate? Building an estate can take years of diligent saving and investing.
Once you have built up an estate, you’ll want to make sure that you preserve its value for your heirs. You can also add to or create a valuable estate by using life insurance. Why Create an Estate? Premature death can result in financial difficulties for your survivors. By using life insurance to protect against this outcome, you can rest assured that your heirs will be cared for financially in your absence.
How can my gift benefit me and the charity? Giving basics You’re free to give almost any type of property to whatever organization you choose.
But in order to retain the tax benefits associated with charitable giving, contributions need to be made to qualifying tax-exempt organizations that have been organized in the United States and meet certain criteria. In addition to common charitable organizations that operate exclusively for religious, charitable, scientific, or educational purposes, you may give to veterans' posts, certain fraternal orders, volunteer fire departments, and civil defense organizations but not politically active groups.
The income tax deduction for your charitable gift will be determined in part by the type of property you give and the type of entity receiving it. With an outright gift, you might receive an immediate income tax deduction that could equal the value of your gift, up to certain limits. More gifting strategies Whatever gifting strategy you choose, planned giving can be very rewarding. What Are the Pitfalls of Probate? Have you ever wondered what will happen to your estate after you die?
How long will it take for your loved ones to receive the estate you’ve left them? Will each receive what you’d like them to have? If you’re like most people, your estate will go through a lengthy probate process. Probate consists of the court proceedings that conclude all your legal and financial matters after your death. The probate court distributes your estate according to your wishes — if you left a valid will — and acts as a neutral forum in which to settle any disputes that may arise over your estate. William M. Swayne II- Confronting the Tax taboo. WMS Financial Planner INC - WMS Financial — William M. Swayne- Investment Opportunity and...
WMS Financial- An Innovative Financial Philosophy. Working in the competitive and ever turbulent financial industry in the modern age means having access to the most innovative strategies and philosophies for analysis is more important than ever.
Understanding these fluctuating markets and how they may pan out in the future requires expertise and experience with professionals who use the most innovative strategies around. WMS Financial Planners, Inc - William M. Swayne II - WMS Financial: WMS Financial Planners- Planning for a Stable Path into Retirement. A shocking amount of people in America today fail to plan a coherent financial retirement plan, and in the long term can be left leading a difficult life in their old age.
For some, it is the failure of their employers to offer the right advise on how to plan this far ahead, and for others it is simply lack of information or expertise on how to best secure a more stable financial future. Here at WMS Financial Planning, Inc., we are committed to helping people secure a more solid financial future and enter their retirement period with grace and security. As a family-run business, we know the importance of this for family loved ones and the customers themselves.
At WMS Financial Planning: Retirement Planning is a service we offer with experience and expertise. Most people, especially, those over the age of 50, worry about retirement income – and it is understandable that they should. So what of people who are already retired? WMS Financial Planner INC - WMS Financial — WMS- Planning a Comprehensive Future for Families. WMS Financial Planners, Inc - William M. Swayne III - WMS Financial. At WMS Financial Planning, we appreciate that everyone has a unique financial situation for themselves to manage.
No two individuals are alike in this sense, which is why our team of asset managers and financial experts are committed to helping create bespoke financial solutions to each of our valuable clients. In the complex age we live in of red tape, bureaucracy and taxes, it can be difficult to navigate a sustainable course through the financial system in the modern age. That’s why here at WMS we help our clients achieve their goals and targets for their financial situation and help them make the most out of their wealth. For us here at WMS Financial Planning: Making a Difference to one’s financial situation is the key vision we have for out clients.
We understand that life is a journey and not all journey’s are the same. WMS Financial Planners, Inc - William M. Swayne II - WMS Financial: WMS- Planning A Secure Future for Yourself and Your Family. Planning one's retirement portfolio or scheme is something that seems to pass many people by in their lives.
For some, the time comes round quicker than expected when one has to start thinking about creating a healthy financial future for life after work, which can also secure the families interests as well. Here at WMS Financial Planning, we are committed to helping individuals create the best plan for retirements that help them achieve them and their families financial goals. Our team ODF financial experts have many years experience in helping people customize a sustainable plan with their assets and finances, and can help secure clients futures. We believe here at WMS Financial Planning, that Retirement Planning should not be taken for granted.
Most people, especially, those over the age of 50, worry about retirement income- and it is understandable that they they should. WMS Financial Planner INC - WMS Financial — WMS Financial Planners Provides Exceptional... Willam Madison II — WMS Financial Planners Excels In Retirement... Willam Swayne — WMS Financial Planners Understands Insurance...
WMS Financial Planners, Inc - William M. Swayne III - WMS Financial. WMS Financial Planners Inc. offer an exceptionally wide range of high-quality financial services. Perhaps foremost among these is Risk Management Planning, specifically concentrating on the thorny issue of insurance. As William M. Swayne III, Director of Investments, explains,” The first part of this process is understanding your insurance coverage and the insurance coverage that you need, as the two things don’t always align. Not having the proper insurance can put your financial life in a world of hurt, you never know when an emergency could strike and it is wise to be prepared for it. “One thing we can help you evaluate is long-term care insurance plans, as people continue to live longer and longer and sometimes our bodies cannot keep up with our minds or vice versa, either way leading us to need care in an assisted living facility, which can be very pricey,” warns William M.
WMS Financial Planners, Inc - William M. Swayne III - WMS Financial. WMS Financial Planners Inc. is proud to be a part of the great American tradition of family-owned companies. We are a financial advisory company, and work extremely hard to provide you with the very highest standard of service currently available on the market. In order to ensure that our clients are fully aware of the posible risks entailed in planning financial investments, we offer our expertise and experience in virtually all areas of financial investments, particularly in the areas of Investment Planning, Retirement Planning, Tax Planning, Risk Management, and Estate Planning.
WMS Financial Planners, Inc - William M. Swayne II - WMS Financial: WMS Financial Planners Makes The Most Of Your Investments. WMS Financial Planners Inc. belongs to that great American heritage – the family-run company. We aim to provide you with the best quality of service by providing an exhaustive level of knowledge regarding the planning of your finances. The areas of financial planning WMS Financial Planners primarily focus on include, retirement planning, tax planning, risk management, and estate planning. We customize each of our services to address the individual needs of our clients. Our goal is to help you understand more about your financing options as well as helping you to achieve your financial goals and objectives. We offer free consultations in person or over the phone to discuss with what you would like help. WMS Financial Planners: WMS Financial Planners Introduces The Team. “Allow me to introduce our team. Candace K. Swayne is the President, William M. Swayne II is the CEO, and I, William M.
Swayne III, am the Director of Investments. WMS Financial Planners, Inc - William M. Swayne III - WMS Financial. WMS Financial Planning is proud to be a family-owned and managed financial advisory company. We work extremely hard to provide you with the very highest standard of service currently available on the market. We do this by providing our expertise and experience in planning finances, particularly in the areas of Investment Planning, Retirement Planning, Tax Planning, Risk Management, and Estate Planning. We pride ourselves on tailoring each of our services to address the individual needs of our clients.
WMS Financial Planners, Inc - William M. Swayne III - WMS Financial. WMS Financial Planners, Inc - William M. Swayne III - WMS Financial. WMS Financial Planners Offers A Multitude of Services. We are a completely family-managed company. William Madison Swayne - A Range of Fine Financial Services from a Family Institution. We understand here at WMS Financial Planning Services Inc., that when seeking to secure the future of you and your families finances, you want to work with a company you can trust share the same values. The WMS leadership team consists of our CEO William M. Swayne II, wife Candace and their son William M. Swayne III. William M. Swayne- Alternative Savings Methods Advice from the Professionals. The problem with the world of finance is that t is seemingly infinitely complex if you are not schooled in the area.
WMS Financial- Saving for Our Children's Futures. One of the most important things we face as parents is being good providers for our children and giving them the best opportunities in life. Saving for college is one of the best ways to do this, to give them the chance to go into higher education and build a successful career from there. However, in fluctuating markets, and with our own finances to think of, it can be difficult to plan this effectively.
WMS Financial Planners, Inc- Retirement Preparation in Unpredictable Markets. Planning a retirement can be a difficult task. When the markets are unpredictable, it can be difficult to know when and how to invest in certain areas to ensure a more secure financial future. William M. Swayne II- What is life Insurance and Do I Need It? At some point or another we have all been approached, either directly or indirectly to be offered life insurance. Often people wave away the offers and don’t take it as seriously as maybe some people should. For those with families and loved ones who are in some way financially reliant on your income, life insurance can be extremely important in making sure that they don;t lose out in the case of a premature and untimely passing away. William Madison Swayne- Second Opinion Services From Experience Professionals.
S.O.S, a term most commonly wielded by those in need of help- be it stranded on an island in the middle of an ocean, or those looking to sort out a professional problem in their lives. In the world of finance, which as it evolves becomes ever more complex and mysterious, it can be difficult to make the right decisions in terms of personal finance. William Madison Swayne- Estate Planning and Securing Property for the Future. We all at some point in our lives need to face the decision about how to deal with our will and estates, to secure a financial future for our loved ones and family.
It is not the most pleasant of topics for many people, but it is necessary to consider at some point before the time comes. William M. Swayne- Assessing Risk Management with the Professionals. WMS Financial- Retirement Planning Now, Rather Than Later. WMS Financial Planners, Inc- Family Business Helping Solve Family Financing. WMS- Navigating the Tax Labyrinth. WMS Financial - WMS Financial Planners, Inc - William M. Swayne. WMS- Protecting Your Property Financially. WMS Financial - WMS Financial Planners, Inc - William M. Swayne. WMS Financial Planners- Balancing a Financially Healthy Portfolio.
WMS Financial Planners- Considering the Financial Future. WMS Financial Planners- An Active Approach to Personal Finances. WMS Financial Planners- The Joy of Running a Family Business. WMS Financial - WMS Financial Planners, Inc - William M. Swayne. — WMS Financial Planning – Financial Aid. — WMS Financial Planning – Investment Risks. William Madison Swayne : WMS Financial Planning – Refinancing. William Madison Swayne : WMS Financial Planning – Investment Opportunities. — WMS Financial Planners – Always Being Prepared for... Untitled — WMS Financial Planners – Protecting Your Assets... Willam Swayne — WMS Financial Planners – Making Retirement Secure...
WMS Financial Planning: Hard Work is Key. WMS Financial Planning: Retirement Planning. WMS Financial Planning: Making a Difference. WMS Financial Planners – Our Associates. WMS Financial Planners – Who We Are.