Financial Advice for Retirement, Social Security, IRAs and Estate Planning

Estate Planning Basics

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How to Shelter Your Estate Plan from Disasters, Part II

May 12, 2020

The devastating effect the coronavirus outbreak has had on economic conditions inspired me to share with you a 7-step checklist on how to shelter your estate plan from disasters in last week’s edition of Retirement Watch Weekly. Today, I’ll complete that checklist… Step 4: Document your property. To recover all or most of what you […]

Estate Planning

How to Shelter Your Estate Plan from Disasters

May 5, 2020

It can happen to any of us… It doesn’t have to be a historic outbreak, hurricane, flood, or wildfire. You could be at risk from a broken water pipe, a tree falling on your home, or some other event. Bottom line: You don’t want short-term events to cause a permanent reduction in your financial security. […]


Updating Your Estate Plan in 2020

January 7, 2020

It’s now 2020, and many people still have their estate plans on the backburner. They know the estate tax has changed a lot in recent years, and probably will change again. Many believe that since today’s generous estate tax exemption exceeds the value of their estate, they don’t need to worry about an estate plan. That’s a big mistake, and needs to be emphasized. […]

estate planning

Free Estate Planning Basics Course – What to Know and Why

December 20, 2019

Estate planning can be challenging, but this free course on the basics of estate planning makes the process easier to understand. This free estate planning course is designed to educate people on the basics of estate planning. This free estate planning course breaks down the complex process of estate planning into smaller, more understandable parts. […]

estate plan

What Is the Probate Process and Why Is It Important for Estate Planning?

December 20, 2019

A critical part of your estate plan should include probate. Probate can be an expensive and time-consuming process, depending on the state and other factors. The largest expenses some estates face are probate and its related costs. Fail to account for this in your estate plan and 3% to 5% or more of your estate […]

Estate Planning

The Ultimate Estate Planning Checklist and Basics Guide

December 18, 2019

The Ultimate Estate Planning Checklist and Basics Guide – Table of Contents Identifying Loved Ones Assets and Property Non-Financial Issues Legacy The Will Estate Planning Documents Estate Asset Identification and Tracking Health Care Directives Financial Power of Attorney IRA and Retirement Beneficiaries Avoiding Probate Living Trusts QTIP Trusts Spouse’s Estate Considerations Life Insurance Business Ownership […]

Estate Planning

Estate Planning Basics: What is estate planning?

December 16, 2019

It is not avoiding taxes or probate. Estate planning is deciding how your wealth should be transferred to the next generation (or other heirs of your choice), then determining which legal tools to use to meet those goals. Only after establishing how you want the assets distributed do you consider ways to reduce taxes, to […]

Estate Planning

How To Plug the Leaks in Your Will & Estate Plan

December 3, 2019

Everyone needs a will… even if all your assets are owned by a living trust or held in joint title. It is unlikely that even if you have a living trust or other arrangement, all your assets will be covered by it. Any other assets will be covered by your will or disposed of according […]

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