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Ben McCann's Blog (13)

I had a wonderful meeting with a CRAZY individual whom I invited to check out SMALLER INDIANA. He is…

I had a wonderful meeting with a CRAZY individual whom I invited to check out SMALLER INDIANA. He is just crazy enough to make one of his goals to CHANGE THE WORLD and make INDIANA a GLOBAL power... and he is Passionate about it. Myron Kanning is different, he is passionate about business, and after 33 years at one of the Largest Global Companies Based out of Batesville IN, he decided to start to SHAPE the minds of our youn… Continue

Added by Ben McCann on May 29, 2009 at 6:03pm — No Comments

Helping People in Job Transition is Rewarding

I have been working on helping people in Job Transition for a few years now ( on the side ) for FREE. Since I have always been a good networker, lots of people have sent me their resumes to "keep my eyes open" and other companies and clients send me job postings because I have a "good eye" for talent. By December 2008 I had more of these emails then I could handle, but I still wanted to help as many people as possible. After being a part of SI almost since the beginning, I decided to do somethi… Continue

Added by Ben McCann on May 8, 2009 at 7:00am — No Comments

The Crisis of Credit Visualized -- The best explanation in Plain English I have ever seen so far.

The Crisis of Credit Visualized from Jonathan Jarvis on Vimeo. WELL after watching this, I couldn't have put it better myself. Although this minimizes the Government's involvement in the debauchle, this pretty much explains what happened. one word GREED. I look forward to the SI comments on this post. Continue

Added by Ben McCann on March 30, 2009 at 4:00pm — 1 Comment

Practical Money advice and WISDOM of the ages.. from SNL

Okay.... Seriously, How many of you are HEEDING this WISDOM? I would like to see your comments below. I think I found the answer to the economic problems... Don't Buy Stuff You CANNOT Afford. Okay Smoosiers... COMMENT AWAY!!! Continue

Added by Ben McCann on March 10, 2009 at 12:11am — 4 Comments

FAQs About COBRA For Workers And Their Families

FAQs About COBRA For Workers And Their Families Q1: I have heard that the Stimulus package signed by the President included a new temporary COBRA premium reduction. I would like more information. COBRA (the Consolidated Omnibus Budget Reconciliation Act of 1985) provides for a temporary extension of employer-provided group health coverage, commonly called COBRA continuation coverage. The American Recovery and Reinvestment Act of 2009 (ARRA) expands eligibility for CO… Continue

Added by Ben McCann on March 4, 2009 at 2:25pm — 1 Comment

IT ALL STARTS WITH TRUST! -- Building Relationships in Business

IT ALL STARTS WITH TRUST, THAT IS THE FOUNDATION!

- TRUST: you get to know, like, and TRUST your clients, vendors, employees, and Leaders in 4 ways... CONFLICT usually manifests as a result of a breakdown in TRUST in these areas: (1) CHARACTER (2) COMPETEN… Continue

Added by Ben McCann on February 12, 2009 at 1:30pm — No Comments

Strategies for Business Owners - A Summary

Life insurance can meet business needs as well as personal needs. When the business is the largest asset of an owner’s estate, life insurance becomes a major planning tool. Continuation of the business after death, replacement of key employees, equalization of inheritance for heirs not interested in the business, or the buyouts of other business partners become major estate planning concerns. There are many strategies to assist business owners to meet these estate-planning concerns. Below is a… Continue

Added by Ben McCann on February 4, 2009 at 6:30pm — No Comments

ILIT - The Irrevocable Life Insurance Trust & Their Benefits

Have you ever heard of and ILIT? Have you ever heard financial professionals talk about them? Here are some interesting facts about them, especially if your estate has significant value. Within an estate plan, life insurance can be used to: • Pay estate taxes • equalize the estate between heirs • Fund state death taxes • Fund business continuation plans, such as buy-sell agreements • Provide funds for charitable bequests People who need large amounts of life insurance need to be a… Continue

Added by Ben McCann on January 27, 2009 at 5:00pm — No Comments

7 things about ME

I got tagged by Tahneesha Smith and Lisa Ralph. You can read Their 7 things here & here respectively. At first, I thought this was silly; however after reading other lists I think it is a cool idea. 1.… Continue

Added by Ben McCann on January 25, 2009 at 2:05am — 3 Comments

Funding a Charitable Life Estate Plan Using Life Insurance

No crystal ball can reveal what will ultimately happen with the house part of your estate. Although, the house is often a donor’s largest asset in his or her estate, its value can fluctuate depending on factors beyond a donor’s control. One way to plan around this uncertainty is to create a “charitable life estate” complete with enough life insurance to replace the “would be” value of the home. What is a “Charitable Life Estate”? A charitable life estate involves gifting a reside… Continue

Added by Ben McCann on January 20, 2009 at 5:30am — No Comments

The Buy/Sell Agreement - A Cornerstone for Business & Succession Planning

What would happen to your business in the event of premature death, termination or retirement of a partner or co-owner? Would the remaining owners have the funds available to continue the business? Would there be the risk of losing the business or would the remaining owners have to accept new or unwanted owners? how would the IRs value the business interest for estate tax purposes? a Buy/sell agreement can help provide the answers. What is a Buy/Sell Agreement? a Bu… Continue

Added by Ben McCann on January 13, 2009 at 4:30pm — No Comments

The Great Indiana Flood of 2008... My son Noah (pictured is working on his ark right now)

Noah is working on his ark right now. From 1:35s to about 2:25s on this video is where it reallly gets fun !!!! At the end of our men's prayer this morning, one of my friends had just arrived to start cleaining the church. He asked us if we were working or praying for an ark... we would need it to get to our cars, the parking lot in front of the church had flooded and ducks were swimming accross. We made it out okay and went to breakfast at Bob Evans to "wait out the rain" a… Continue

Added by Ben McCann on June 7, 2008 at 11:30am — 3 Comments

Thoughts on the "Coexist" Bumper Sticker (part 2) The Search for Harmony

Since we have maximized the amount of posting space that will appear in the SI forum, and although the discussion continues, I thought it would be good to start a new one. I invite all of those who have posted before and have been following and those who are new to continue the discussion that Kyle Lacy started. In an attempt to keep it to the Nature of SI... Here are some ground rules for this blog that I hope everyone can respect. 1. Keep it clean (no cheap shots and hitting below the belt) 2… Continue

Added by Ben McCann on February 23, 2008 at 11:00am — 33 Comments

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