Estate Planning News, Information and Guidance

Retirement plan

Does Your Retirement Plan Include a Will?

When the time comes, and it comes for all of us, will your family have the luxury of grieving in peace? Or will they, instead, be burdened with the duty of sorting out your estate because you never got around to making a will? You can make your own decisions and leave a will, or…

Retirement trusts

Expert Interview with Frank Brunetti About Retirement Trusts and Estate Planning

With the world and our culture being more uncertain than ever before, it is exponentially more important to begin thinking about life after retirement, as well as the lives of our loved ones after we’re gone. And while it may be impossible to predict what the economy may be like down the line, all the…

Estate tax

What is an Estate Tax?

They say there are only two things in life that you can’t avoid: Death and taxes. Estate taxes seem to capitalize on both of those certainties, but they might not have the effect that you fear. The only way to know for sure is by learning all that you can about the taxes due upon…

3 End of Life Discussions You Must Have

End of life planning is often the last thing a pre-retiree wants to do. Also known as advance care planning, it’s not usually noted as a top priority due to its seemingly unpleasant nature, but tackling the topic early on not only provides peace of mind, it also ensures affairs will be handled in accordance…

Elder Financial Abuse: Tips for Protecting Yourself from Strangers and Your Own Family Members

As America’s aging population continues to grow, one crime in particular stands to gain from this booming cohort: elder financial abuse. It has already proven to be a $2.9 billion a year business, but nothing has stopped it from thriving. Why? It’s under-reported and misunderstood, according to the 2014 “Safeguarding Our Seniors” study by Allianz…

6 Meaningful Ways to Leave a Financial Legacy to Your Heirs

When approaching retirement, it’s common for people to start thinking about how they’ll be remembered and what they’ll leave behind. In most cases, leaving a legacy for children, grandchildren, or charities and other causes people are passionate about takes careful planning and the advice of a financial planner. Read on for five ways to leave…

Things You Need to Know About Estate Planning

The Necessity of Estate Planning Squaredaway.com, December 3, 2013 Let’s face it, estate planning is not a fun concept to ponder.  Writing up a will is having to pick and choose who in your life is going to get your various assets, and it can’t always be done in perfect impartiality for all of your…

Gandolfini’s estate may get whacked with $30 million tax bill

Late actor’s bequests to family could have hefty costs By Liz Skinner Jul 11, 2013 @ 3:53 pm (Updated 5:02 pm) EST The $70 million estate of the late actor James Gandolfini, best known for his role as mobster Tony Soprano, may owe a cool 40% in estate taxes due to the actor’s generous bequests to…

Pros and Cons of a Will Versus Revocable Living Trust

This is a contribution from Bud Hebeler who runs analyzenow.com Here’s a question that has come to me several times: Question:  What’s your take on the pro and con of a will versus revocable living trust? Answer:  Thank you for asking. Be aware, I’m not an expert on this subject. I will tell you what…

Protecting Your Assets

No happily married couple wants to think of the possibility of getting a divorce, but this is something that everyone needs to think about to protect their assets.   Think about it – would you want your ex to inherit your retirement funds?!  This can be taken care of by revisiting the beneficiary designations on wills…