Comprehensive Planning to Protect Your Loved Ones, Assets, and Legacy
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 ...
For your estate plan to meet your needs, it must be kept up-to-date. We recommend having your plan reviewed at least once every two years, more preferably every year, but there are certain situations where you should have your plan revised immediatel ...
In this post, we’ll continue our discussion of why everyone needs an estate plan. Loss of Control Losing control over how your assets are distributed after death isn’t the only negative consequence of failing to plan. You and your family may su ...
We often discuss the benefits of estate planning. However, a discussion of what can happen when a person fails to plan is perhaps a more powerful way to stress the importance of proper planning. Let’s look at a few potential consequences of not havin ...
A Last Will and Testament can help you accomplish a number of important planning goals. For instance, it allows you to control how your assets are distributed after you pass away. Without a will, your assets will be distributed according to what is k ...
Perhaps you have heard about trusts but wonder exactly what they are and what they can help you accomplish. Simply put, a trust is an agreement outlining how assets will be managed and held for the benefit of another person. There are many types of t ...