Estate planning

9 Posts in this category
Posted By: CFP&WM On: Nov 11th, 2013 In: Estate planning Financial planning Investing Money Matters

Gifting Appreciated Securities: A Win-Win-Win Scenario

With the holidays and year-end quickly approaching, now would be a good time to discuss an alternative to a cash charitable donation.

While it’s certainly worthwhile when you drop your loose change into the Salvation Army kettles, there can be more tax beneficial ways to gift larger amounts.

I recently had the opportunity to speak with Laura Scharr-Bykowsky, CFP®

Posted By: CFP&WM On: Jul 10th, 2013 In: Estate planning Financial planning Money Matters

Same Sex Marriage Ruling Causes Changes

The recent U.S. Supreme Court’s ruling on the Defense of Marriage Act (DOMA) has federal tax and other implications for legally married same-sex couples.

The Internal Revenue Code generally provides married individuals with more tax advantages than it provides for two single taxpayers filing separately, but not always.

Marriage Tax Bonus

When two people are married, filing a joint return …

Posted By: CFP&WM On: Jun 19th, 2013 In: Estate planning Money Matters

The Best Fathers Day Gift (From Dad Rather Than to Dad)

Father’s Day is a time to celebrate fatherhood and express our appreciation for all of the things that our dear old Dad does for us, day in and day out, week after week, over the course of a lifetime. That special day may be filled with a trip to the beach, the park or a ballgame. Maybe it’s simply a …

Posted By: CFP&WM On: Apr 26th, 2013 In: Estate planning Insurance/risk mitigation Money Matters

Long Term Care Insurance Becoming Tougher for Women to Purchase

It’s true that men have always paid more for life insurance then women based simply on the fact that women statistically live longer.  A similar pricing structure is about to come to the long term care insurance industry, only in favor of men this time around, and for the exact same reason.

Women Live Longer and Will Pay More

On …

Posted By: CFP&WM On: Feb 5th, 2010 In: Estate planning Insurance/risk mitigation

Long-Term Care Premium Hikes on the Way

If you made the decision to buy a long-term care insurance policy about a decade ago, you may be getting a big rate increase in premium this year.

Prudential insurance company anticipates increases in premiums between 18 and 25% for those policies issued between 1999 and 2003. MetLife anticipates increases of 18% on those policies with the series LTC 97

Posted By: CFP&WM On: Jan 8th, 2010 In: Estate planning

Issues to Consider Before You Get Married

A fair number of us over the age of 55 are single, and if we are lucky, there is a chance that we may fall in love. The question is: “Does getting married make sense at this point in our lives?”

Years ago, I was working with a couple, and the husband had a terminal disease. Several years after he …

Posted By: CFP&WM On: Dec 14th, 2009 In: Estate planning Financial planning Investing Retirement planning

Consider Target Date Retirement Funds Carefully

In the last several years, numerous mutual fund companies have developed Target Date Retirement Funds (TDR) that are based on when people plan to retire. The longer away the retirement date, the more aggressive the allocation (more stocks) and it gets more conservative (more cash and bonds) as the retirement date nears.

The idea is that with one fund you

Posted By: CFP&WM On: Nov 25th, 2009 In: Estate planning Financial planning Investing Retirement planning

NAPFA Presentations are Free and Worthwhile

There is a free offer that everyone should know about. The National Association of Personal Financial Advisors is providing free monthly educational presentations about personal finance to the public.

“The Basics of Investments” is the next presentation and will be on December 4th from 10 to 11 am. Most people have read about stocks and bonds or have heard

Posted By: CFP&WM On: May 20th, 2009 In: Estate planning General info

Seven Estate Planning Documents Tips

Your state planning documents are designed to safeguard you when incapacitated as well as to efficiently pass on your assets when you’re gone.  Unfortunately, you should not “do them once” and forget about them.  Here are some tips that can help.

1.     Review your powers of attorney and verify those agents listed represent your current ideas on who you want …