Effortless Invoicing with Autbooks
Running a business comes with its challenges, especially when it comes to getting paid. Perhaps you've struggled with a disjointed invoicing system, making it hard to track your projects' progress, or maybe you don?t have one at all! We understand that getting paid promptly is vital for your business's health. That's why, at Farmers State Bank, we're thrilled to introduce Autobooks?an innovative invoicing and payment processing solution seamlessly integrated into your online banking. Ready to revolutionize your payment processes? Discover if Autobooks is the perfect fit for your business.
Read MoreLegacy Sessions | Leaving a Lasting Legacy
This blog explores the profound importance of building a meaningful legacy and the intentional actions required to ensure it endures. Jason McKinnis shares personal experiences from his pastoral and corporate leadership roles, emphasizing that legacy is not just about material wealth left behind, but about the values, morals, and lessons passed on to others through the way we live. He recounts deeply personal stories, including the challenges his family faced after the sudden loss of his father, to highlight the significance of planning and living with purpose. The narrative encourages reflection on one's own life, embodying values, and creating a legacy that influences the character and lives of those left behind, ensuring an impact that lasts long after we are gone.
Read MoreLegacy Sessions | What is Your Net Worth?
John Forbes, a seasoned financial advisor with nearly three decades of experience, redefines the concept of wealth by focusing on the true riches of life, captured in the acronym "WEALTH": Wisdom, Experiences, Affluence, Legacy, Time, and Health. In his presentation, he emphasizes that wealth is not just about accumulating money but also about cultivating relationships, creating meaningful experiences, and leaving a lasting legacy. John offers practical advice on financial planning, from saving for retirement to avoiding common investment mistakes, and underscores the importance of being intentional with time and health. His insights encourage individuals to live fully and purposefully, ensuring that their legacy extends beyond material wealth.
Read MoreLegacy Sessions | Estate Planning
Estate planning is essential for protecting your legacy and ensuring your assets are distributed according to your wishes. In a recent seminar, attorney Evan Taylor highlighted the importance of aligning legal documents with your overall financial plan, using tools like wills, trusts, and powers of attorney to avoid probate, minimize taxes, and safeguard assets from long-term care costs. Especially crucial for blended families and those with high-value estates, comprehensive estate planning helps prevent disputes and ensures your family's future is secure.
Read MoreLegacy Sessions | Succession Planning
Business succession planning is essential for ensuring the long-term success and continuity of a company. In a recent seminar hosted by Farmers State Bank, attorney Adam Lawler emphasized the importance of starting this process early, involving key individuals like co-owners, managers, and accountants, and creating clear, well-crafted documents such as buy-sell agreements and estate plans. These steps help secure a business?s legacy, minimize disruptions, and provide peace of mind for the owner and their family. By taking the time to plan, business owners can ensure their company thrives for generations to come.
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