Family wealth counseling is a different approach to estate and financial planning that has emerged over the past several years.
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.
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? Why do they matter? How are they handled by an estate? Here are some ideas to protect your digital assets after you’re gone.
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.
By K. Bridget Schneider, CFP®, CRPC®When was the last time you got a copy of your Social Security benefit statement? If you are like many people, you may think you got one in the mail a year or so ago. However, it may have been several years ago. While...
Are you struggling to keep up on paying your debts? Do you have so many payments that there is nothing left over to put towards your future?
The QCD was first introduced in the Pension Protection Act of 2006. It was repeatedly extended, sometimes retroactively, until it became permanent as part of the Consolidated Appropriations Act of 2016.
Last month we suggested a few reasons early retirement planning is important. That’s valuable information for Millennials, but what if you’re a Gen Xer?
Whether you have been a self-employed professional for years, or you’ve recently become self-employed, the success of your business is in your hands. You need to take advantage of whatever assistance is available, and this includes lowering your tax bill.
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