Email not displaying correctly? View it in your browser.   FINANCIALLY FOCUSED December 2023 Newsletter   Tips for Transferring Your Wealth A September 2023 Kiplinger article, Three Ways Parents Can Transfer Wealth to Help Their Kids, has some interesting insights into how you can transfer your assets in ways that may not burden your heirs with extra taxes. UTMAs and UGMAs The first possibility is custodial accounts. When a child is still young, some parents open a Uniform Transfer to Minors Act account, UTMA for short, or a Uniform Gifts to Minors Act account, otherwise known as a UGMA. Read More   You Can Hear Thundersnow When the Conditions Are Right If you’ve ever heard the unmistakable rumble of thunder in the middle of a snowstorm, that’s not your ears playing tricks on you. It’s likely thundersnow, a rare winter weather phenomenon that’s most common near lakes. When relatively warm columns of air rise from the ground and form turbulent storm clouds in the sky in the winter, there’s potential for thundersnow. A few more factors are still necessary for it to occur, namely air that’s warmer than the cloud cover above it and wind that pushes the warm air upwards.1   New Life for Your Old Insurance Policy   Life insurance can serve many valuable purposes. However, later in life — when your children have grown, you've retired, or you've paid off your mortgage — you may think you no longer need to keep your coverage, or perhaps your coverage has become too expensive. You might be tempted to abandon the policy or surrender your life insurance coverage, but there are other alternatives to consider.   Read More   Homemade Eggnog   You won't believe how easy and DELICIOUS homemade eggnog is, and this recipe really is the best! Thick and creamy with the perfect mild flavor and hint of nutmeg. You’ll never buy store-bought eggnog again!   Get Cooking!   1 https://www.mentalfloss.com/article/89881/15-surprising-facts-about-winter-weather Jeffrey Bird and Ronald Bird offer Investment Advisory Services through Gradient Advisors, LLC (Arden Hills, MN 877-885-0508), an SEC Registered Investment Advisor. Gradient Advisors, LLC and its advisors do not render tax, legal or accounting advice. Financial Concepts, Inc is not a registered investment advisor and is independent of Gradient Advisors, LLC. Insurance products and services are offered through Jeffrey Bird and Ronald Bird, independent agents. This communication may contain information that is proprietary, privileged, or confidential, or otherwise legally exempt from disclosure. If you are not the named addressee, you are not authorized to read, retain, copy, or disseminate this memo or any part of it. If you have received this memo in error, please notify the sender immediately by Email or fax, and destroy all copies of this communication. Please be further advised that, pursuant to the Bank Secrecy Act, the USA PATRIOT Act, and similar laws, any communication in this e-mail is subject to regulatory, supervisory, and law enforcement review. Financial Concepts, Inc, Jeffrey Bird and Ronald Bird and Gradient Advisors, LLC are not affiliated with or endorsed by the Social Security Administration or any government agency.   Jeff Bird Investment Advisor   © Financial Concepts, Inc 355 W Mesquite Blvd C80 Mesquite, NV 89027 Ph: (702) 346-1335 Email Web   Ron Bird Associate Advisor      This email was sent to {|RECIPIENT|}. Rather not receive it anymore? Unsubscribe {|DISCLOSURE|}