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Estate Planning

Estate Planning is the process of determining how your wealth and assets should be transferred to the heirs of your choice: your children, grandchildren, friends, families, charitable causes, etc. and then deciding which legal tools and structures to use to best meet your estate planning goals.

Estate planning is not simply reducing or eliminating taxes and avoiding probate.  Only after establishing how you want your estate’s assets to be distributed should you consider ways to reduce taxes and avoid probate. From there, good estate plans deal with a host of other issues. Now, with all but a few estates exempt from the federal estate tax, those other issues are, or should be, at the forefront of estate planning.

An estate plan is to ensure that you are taken care of the rest of your life and that your wealth is transferred to the people you want to have it. A good estate plan ensures these goals are accomplished with as much efficiency and as little cost as possible. An estate plan addresses the management and distribution of an individual’s property and financial obligations after he or she dies with financial tools such as wills, revocable living trusts and power of attorney.

For a comprehensive overview of Estate Planning, please start with our article:


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estate planning

7 Reasons Life Insurance Should Be in Your Estate Plan

January 23, 2022

Life insurance used to be an essential element of most estate plans, but it hasn’t been for about 20 years. Important changes, however, make it time for many people to give serious thought to including life insurance in their estate plans. In this article, I’m talking about permanent life insurance, not term life insurance. There’s […]

estate planning

Making the Best Use of Home Equity in Retirement, Part II

January 16, 2022

In last week’s edition of Retirement Watch Weekly, I shared some tips on how to put your home to work for you before and during retirement. Today, we’ll complete the list… Another strategy to consider for your retirement plan – and it’s one that is often very misunderstood – is a reverse mortgage. Also known […]

Your 20-Minute Estate Plan: Building a Lasting Legacy

January 4, 2022

Estate planning should be a key part of your financial planning. Unfortunately most planning experts shroud the topic in complex tax, legal, and insurance jargon that will disinterest most people. I’ve put together this report to provide you with simple, practical explanations that will help determine the right elements of your estate plan. To learn more, click the PDF below. […]

The New Rules of Estate Planning

January 4, 2022

To read the Special Report, please click the PDF below. […]


In my new Retirement Watch Spotlight Series, I’ll share my newest breakthrough strategies for protecting your assets and growing your portfolio, including how to prepare for the next market downturn. Click here now to learn more. 

How to Insure Your Way to a Rock-Solid Retirement

January 4, 2022

The insurance decisions during and near retirement are some of the most important and complicated in your lifetime.  Click the PDF below to discover a few simple ways to protect your assets and reduce your costs in all areas of insurance. […]

Cashing in on Congress’ $350,000 Retirement Shocker

January 4, 2022

To read the Special Report, please click the PDF below. […]

Why You Need a Living Trust & How To Maximize its Benefits

December 12, 2021

Each year, I become more impressed by the importance of having a living trust as a key element of an estate plan and of properly setting up the trust. A living trust has two significant benefits. The first benefit is that assets owned by the trust avoid probate. Probate is a process under state law […]

Deciding to Let Uncle Sam Get His Share

October 31, 2021

Sometimes the traditional strategies to reduce estate taxes are not practical or appealing. It might be difficult to give away an asset in increments over the years to make tax-free gifts. Or you might want to retain control of your assets for life. There are a lot of reasons why someone might not want to […]

September 2022:
Congress Comes for your Retirement Money
A devastating new law has just been enacted, with serious consequences for anyone holding an IRA, pension, or 401(k). Fortunately, there are still steps you can take to sidestep Congress, starting with this ONE SIMPLE MOVE.

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