Comprehensive Planning to Protect Your Loved Ones, Assets, and Legacy
Seven Pines Office Park, Bldg. #3
8104 Cazenovia Road
Manlius, NY 13104
Planning for blended families can present unique challenges, in part because the interests of a current spouse and any mutual children often conflict with the desire to provide for one’s children from a previous marriage. For example, if all of an es ...
Every individual and family can benefit from estate planning. For some people, however, effective planning requires a higher level of asset protection. Certain professionals, such as physicians, attorneys, business owners and financial advisors, are ...
Many people are surprised to learn that their Social Security benefits can be subject to federal taxation. Whether your benefits are taxed depends on what is known as your "provisional income." This is your adjusted gross income (not counting Social ...
As we enter the 2021 tax season, however unwillingly and with gritted teeth, you might be interested to know that Americans did not always pay personal income taxes. The policy of taxing personal income began with the onset of the Civil War, when Con ...
Clients often ask us about the estate planning tools we use and what each of them can accomplish. Here is a list of the most commonly used tools and a brief description of the purpose of each. Last Will and Testament A Last Will and Testament a ...
Most of us have assets that require a beneficiary designation. You created them all to protect your financial future and the people you care about the most. Maybe it’s an insurance policy you took out years ago. Or the retirement plan you set up with ...
Nobody wants to think about advance directives, but the consequences of not creating them far outweigh the difficulty of doing so. Advance directives give a person of your choosing the authority to make decisions on your behalf about the typ ...
An Irrevocable Living Trust requires the person who creates it to transfer assets into the trust and give up his or her rights of ownership to these assets. You might be asking yourself why you would want to create an Irrevocable Living Trust, as opp ...
Here are three additional ways people in their forties can maximize their retirement savings. Don’t skimp on your retirement savings to pay for your children’s college education Why? Simple. You or your children can borrow money to pay for coll ...
An article in Kiplinger discussed an aggressive approach to financial planning in your forties. Let’s take a look at some of the highlights. Make saving for retirement a priority and beef up your investments. You’ll want to start by making the ...