Estate Planning After a Second Marriage

Special considerations for a complex situation. Marrying again makes estate planning more involved. How do you provide for everyone you love? Should you provide for everyone you love? How do you arrange to transfer wealth in a way that won’t hurt the feelings of certain heirs?

Read More

Behind on Your Retirement Savings?

What steps could you take to catch up? If life has not allowed you to build substantial retirement savings, what can you do to improve your retirement prospects? Here are some suggestions…

Post Tagged with
Read More

Use Life Insurance to Pay for Final Expenses

When a loved one dies, the last thing a family needs is a sudden financial challenge. Too often, funeral and burial costs present this kind of dilemma. Final expense life insurance provides an answer…

Read More

Reasons Not to Write Your Own Will

Do-it-yourself is cheaper, but you could do some things wrong. Maybe you have seen those will-in-a-box kits. Maybe you have even considered picking one up. Think twice about that…

Read More

When a Minor is a Beneficiary

Some factors for parents & grandparents to consider. Naming a minor as a beneficiary brings up a major concern. If parents or grandparents make a child a primary or contingent beneficiary of an insurance policy, IRA or investment account…

Read More

Special Needs Trusts

Estate planning vehicles created with disabled heirs in mind. If you have a child with special needs, you face long-run financial demands that cannot be fully met through federal and state assistance. What can you do to try and meet them?

Read More

Avoiding Family Squabbles Over Your Estate

What steps may help assets transfer without a fight? Should you rely on “will power” to bequeath assets? The more complex your estate, the more ill-advised that choice becomes…

Read More

Reining in Your Debt

Americans are spending freely again. That has a downside.   As the Great Recession faded, American household debt gradually decreased. In fact, it declined by $1 trillion between mid-2008 and mid-2014, according to the Federal Reserve.1

Read More

Are Your Children Financially Literate?

New Approaches to a Changing Problem.   How bad is financial illiteracy today? So bad that your children may be at risk of making some serious financial mistakes.

Read More

Minimizing Probate When Setting Up Your Estate

What can you do to lessen its impact for your heirs?     Probate subtly reduces the value of many estates. It can take more than a year in some cases, and attorney’s fees, appraiser’s fees and court costs may eat up as much as 5% of a decedent’s accumulated assets.1  What do those fees […]

Read More