Four Things Not to Do in Estate Planning
When you’re developing an estate plan, avoid these four common errors: * Don’t give away assets too soon. Youngsters may …More
Financial & Estate Planning
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Protecting Your Spouse’s Inheritance
Assets left to a surviving spouse avoid estate tax, no matter how large the bequest. However, some people are reluctant …More
Replenishing Your Cash on Hand
Retirees should keep some money as cash on hand in an account where it is easily accessible such as a …More
‘Blended’ Families Raise Special Estate Planning Considerations
Many Americans have so-called “blended” families. In such a family, one or both spouses have children from a previous marriage. …More
What’s the Best Age to Move Into a Continuing Care Retirement Community (CCRC)?
For many older adults who are currently independent, but like the idea of living in a setting where healthcare and …More
Boosting Income Flow through Buying an Annuity
One way to create a steady flow of income in retirement beyond your federal annuity is to buy an immediate …More
The Risks of Using Joint Ownership for Incapacity Planning
One tactic for dealing with potential personal incapacity—inability to make your own financial decisions—is to put some assets in joint …More
Establishing a Trust? Know the Costs
Trust fees vary widely so it pays to shop around and get quotes before making any commitments. Be sure you …More
Relieving Your Survivors of the Burden of Funeral Planning
Although no one wants to think about their own funeral arrangements, ignoring the issue can lead to over-spending that will …More
Beneficiary Considerations for Your IRA
Chances are you’ve spent a certain amount of time on the creation of your will. You’ve discussed the provisions with …More
Making Sure Your Trustee is Trustworthy
Every trust needs a trustee to assume responsibility for handling trust assets. Your choices include: Individual trustee: A friend or …More
Making the Most of a Will
To ensure your will stands up it should be written by an attorney. Wills that you write yourself, or fill-in-the-blank …More
An Education in 529 Plan Ownership
If you are investing in Section 529 college savings plans for your children or possibly for grandchildren, you may accumulate …More
Your Options for Selecting a Trustee
If you decide to leave assets in a trust for your beneficiaries, consider your designation of trustee carefully. The most …More
A Retirement Plan May Become Worthless, but Planning is Everything
In these articles and with my clients, I hound on the importance of having a plan for the future. A …More
Set Goals First, Then Make an Estate Plan
Estate planning is more than tax planning. Beyond finances, you should have goals for your estate plan. Are there specific …More
Protect Your Estate With Life Insurance
Life insurance may play a vital role in an estate plan because insurance proceeds can be counted on to provide …More
Bitcoin for Your IRA?
For decades, gold has been a safe-haven for investors during economic downturn. But what about Bitcoin? After earning the nickname …More
Providing for Both Sides of a Blended Family
Many Americans have so-called “blended” families now. In such a family, one or both spouses have children from a previous …More
Using Joint Ownership for Assets
For certain assets, you might prefer to hold title as “joint tenants with right of survivorship (JTWROS).” That gives the …More
