HOME / ESTATE PLANNING

Estate Planning

5 Mistakes to Avoid in Beneficiary Designations

Naming a beneficiary can be an easy way to ensure your loved ones will receive their inheritance directly without waiting until the rest of your estate has settled. But beneficiary designations can also be problematic so you should make sure they are correct since mistakes can be costly. Here are five critical mistakes to avoid when dealing with your beneficiary designations.

Differences Between Financial Planning and Estate Planning

If you are new to financial services you may be asking yourself if there is a difference between financial planning and estate planning. They may sound similar but they are vastly different. Let’s go over the differences and answer some questions you may have.

Digital Assets – What Are They and Why Do They Matter?

Digital assets – what are they? Why do they matter? How are they handled by an estate? Here are some ideas to protect your digital assets after you’re gone.

4 Important Reasons to Prepare a Family Love Letter

When a spouse or partner passes away, it can be a traumatic event. Whether it was expected due to a long illness, or sudden and unexplainable, family and friends will experience grief.

Create a Plan to Manage Income in Retirement

By K. Bridget Schneider, CFP®, CRPC®The shift from saving for retirement to taking income in retirement can be a tricky proposition. You may feel comfortable enough to retire when your retirement savings reaches a certain level. However, that may not be...

The Relationship Between Wealth and Health

By Joe Globensky, RFC®In recent years, there has been a renewed emphasis on the relationship between wealth and health. Various studies have shown that the relationship is a gradient, meaning there are discrepancies at every level of the economic ladder. ...

Financial Planning Tips to Consider Now

By K. Bridget Schneider, CFP®, CRPC®The S&P 500 reached its peak in mid-February of this year, and investors were feeling good about their account values. However, in the following weeks that good feeling began to disappear. Concerns of a pandemic...

Ways to Cope with a Significant Market Downturn

On March 12, 2020, the S&P 500 entered a bear market for the first time in 11 years. And this bear market could go down as one of the most severe in history given how quickly it occurred after reaching a new high in mid-February. But this is not the first bear market we have experienced, nor will it be the last.

5 Ways to Keep Your Personal Data Safe

By Joe Globensky, RFC®Hopefully I don’t have to tell you how important it is to keep your personal data safe. Whether it’s your social security or bank account numbers, information from your driver’s license, or items that can be pulled from your social...