Our featured article of the month, What Happens When There Are No Beneficiaries, outlines the common steps utilized when determining the benficiary of an investment or proceeds from an insurance policy. As stated, most retirement plans will default to the surviving spouse, by state law, even if no beneficiary is listed on the plan account. Of...
Our featured article of the month, Life Insurance with Extended-Care Riders, briefly touches on a topic of growing importance as our Boomer generation ages; funding Long Term Care. While the article uses the term "Extended Care", the terms are synonymous. Long Term Care (LTC) needs are expanding greatly as seniors live longer and medical advancements...
Our featured article of the month, The Financial Planning Process, outlines the six steps to creating a financial plan using the services of a CFP® professional. The CFP® Board Standards detail the expectations of a relationship between a client and their CFP® professional, providing a framework for the engagement. The standards are in place to...
Our featured article of the month, Before You Claim Social Security, poses some preliminary questions that should be considered prior to making your claim. Ironically, the most pressing question is also the most difficult one to answer. How long will you live? For obvious reasons, that question is rather impossible to answer with true accuracy....
Our featured article of the month, Your Extended Care Strategy, reminds our readers that a retirement plan coupled with a long term care strategy is a prudent way to plan for the future. November is Long Term Care Awareness month and this newsletter touches on this topic at least once a year, for good reason....
Our featured article of the month, End of the Year Money Moves, provides some tips on taking action on your personal financial situation prior to year end. Tax loss harvesting is a smart technique that could certainly make an impact on your taxable short term gains and may even help minimize future gains tax. Of...
