Estates & Trusts

Ways to Fund Special Needs Trusts


A look at the different options & strategies. If you have a child with special needs, a trust may be a financial priority. There are many crucial goods and services that Medicaid and Supplemental Security Income will not pay for, and a special needs trust may be used to address that financial challenge.   In [...]

Ways to Fund Special Needs Trusts2018-01-09T15:17:15+00:00

Your 2018 Financial To-Do List


  Things you can do for your future as the year unfolds. What financial, business, or life priorities do you need to address for 2018? Now is a good time to think about the investing, saving, or budgeting methods you could employ toward specific objectives, from building your retirement fund to lowering your taxes. You [...]

Your 2018 Financial To-Do List2017-12-13T14:31:54+00:00

Having the Money Talk with Your Children


  How much financial knowledge do they have? Some young adults manage to acquire a fair amount of financial literacy. In the classroom or the workplace, they learn a great deal about financial principles. Others lack such knowledge and learn money lessons by paying, to reference William Blake, “the price of experience.”   Broadly speaking, [...]

Having the Money Talk with Your Children2017-06-16T13:43:15+00:00

When Someone Dies Without a Will


Where do things proceed from that point?   Every day, people die intestate. In legalese, that means without a will. This opens the door for the courts to decide what happens with their estates.   When no valid will exists, state intestacy laws dictate how assets are distributed. These laws divide an estate evenly (or [...]

When Someone Dies Without a Will2017-04-07T17:57:59+00:00

Could You Improve Your Personal Finances Today?


Simple decisions & new habits might lead you toward a better financial future.   In life, there are times when simple decisions can have a profound impact. The same holds true when it comes to personal finance. Here are some simple choices you could make that may leave you better off financially – in the [...]

Could You Improve Your Personal Finances Today?2017-01-02T19:46:20+00:00

What to Do Financially When a Spouse Dies


Steps to see that financial matters remain in good order. When a spouse passes away, the emotion and magnitude of the loss can send our lives reeling. This profound change can also affect our finances. All at once, we have a to-do list before us, and the responsibility of it can make us feel pressured. [...]

What to Do Financially When a Spouse Dies2016-11-02T14:20:17+00:00

Updating Your Estate Plan


  When should you review it? What should you review?       An estate plan has three objectives. The first goal is to preserve your accumulated wealth. The second goal is to express who will receive your assets after your death. The third goal is to state who will make medical and financial decisions [...]

Updating Your Estate Plan2016-09-14T13:57:25+00:00

Tell Your Beneficiaries About Your Accounts and Policies


Let them know how they will receive retirement assets and insurance benefits. Will your heirs receive a fair share of your wealth? Will your invested assets go where you want them to when you die?   If you have a proper will or estate plan in place, you will likely answer “yes” to both of [...]

Tell Your Beneficiaries About Your Accounts and Policies2016-05-11T13:28:37+00:00

Fall Financial Reminders


  The year is coming to a close. Have you thought about these financial ideas yet? As every calendar year ends, the window slowly closes on a set of financial opportunities. Here are several you might want to explore before 2015 arrives. Don’t forget that IRA RMD. If you own one or more traditional IRAs,you [...]

Fall Financial Reminders2014-10-21T10:20:54+00:00