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

Heirs & Estate Planning

Found 52 Articles.
Get access to 54 articles by subscribing to Retirement Watch and Retirement Watch Spotlight Series.

How to Incorporate a “Portfolio Transition” in your Estate Plan

August 31, 2018

Have you ever considered how your investment portfolio and other assets will be managed in the future? Odds are — after you’re no longer managing the assets — nothing good is going to happen. Now that may sound awfully negative… but I’ve discovered that too many people neglect to include an investment portfolio transition in […]

The “Financial Emergency Kit” Every Estate Needs (Part 2)

August 10, 2018

In Part 1 of this article I talked about the importance of having a Financial Emergency Kit, along with a few of its essential elements. So this week, let’s continue the discussion and review the other important elements that make up your Financial Emergency Kit, starting with: A letter of instruction, which can be valuable […]

How to Improve Your Financial Power of Attorney

July 6, 2018

It’s one of the most overlooked and understated pieces in most peoples’ estate plans… The power of attorney. And it’s so much more than simply deciding who manages your affairs when you can’t. So today let’s review more tips on how to navigate this vital step in the estate planning process. Which actions can the […]

Power of Attorney: The Most Important Document in Your Estate Plan

June 29, 2018

The financial power of attorney (POA) could be the most important document in your estate plan. Yet, many people don’t have one. And many people who do have a power of attorney didn’t give it much thought and have inadequate documents. Adverse results can range from bills not being paid on time to trusted people […]

The 2 Most Common Causes of Failed Estate Plans

June 8, 2018

Many estate plans don’t produce the results the owners intended… Which is too bad — because most of these failures are preventable. The failures usually don’t spring from the tax strategies or language in the will. The failures most often result from the human side, or soft side, of estate planning. There are two main […]

Legacy Planning & Your Estate Plan: Part 2

May 25, 2018

When it comes to legacy planning, it’s all about the details. Before deciding to make specific bequests or other gifts from your estate, consider these additional strategies discussed below. Beneficiary designations Bequests of cash or property from your estate often are not the most tax efficient way to make charitable gift. That’s especially true when appreciated […]

heirs-and-inherited-iras

Legacy Planning: 5 Ways to Enhance Your Legacy in Your Estate Plan

May 18, 2018

Not all gifts are created equal, especially charitable gifts. That’s why legacy planning can be a powerful part of your estate plan. You can leverage the benefits of your gifts, enhancing the financial security of yourself and your heirs while being philanthropic. Estate planners often refer to these strategies as planned gifts or planned giving. […]

write-ethical-will-estate-plan

How to Write an Ethical Will for Your Estate Plan

May 4, 2018

Your estate plan is part of your legacy, but your legacy should be more than financial assets, material possessions and legal documents. For more and more people, the final touch to their estate plans is what sometimes is known as an ethical will. Others have called it a legacy letter, heritage will, family philosophy statement, […]

Log In

Forgot Password

Search