Tag Archives | estate planning
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What’s A Trusted Contact, And Why Do I Need One?

Several of our clients are receiving reminders from Charles Schwab & Co. to name a Trusted Contact for their accounts. Here’s some information to help you understand what a Trusted Contact is, and why you should consider naming one. What’s a Trusted Contact? A “Trusted Contact” is a person that you authorize your brokerage firm […]

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How Caregiving Duties Are Pushing More Women Out Of The Workforce

Many working age women (and men) – and quite a few of our clients – are caring for aging parents. That’s a difficult and often exhausting job. A recent New York Times article on the reality of caregiving (“Why Aren’t More Women Working? They’re Caring for Parents”) showed how women caregivers are often forced to drop […]

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Gloria Vanderbilt Didn’t Leave Her Fortune To Her Kids. Should You?

Gloria Vanderbilt, socialite, heiress and successful fashion designer, died last week at age 95. Years ago, she reportedly decided not to pass on her substantial fortune to her children, including CNN anchor Anderson Cooper. In a 2014 interview with Howard Stern, Cooper explained why he was OK with her decision.  “My mom’s made clear to me […]

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Smart Beneficiary Choices Can Save Your Heirs Thousands

I just wanted to share a quick story showing how picking the right beneficiaries for your retirement and other accounts can save your family and heirs thousands of dollars. We recently met with one of our clients, Brenda*, who has two grown children she wants to inherit her assets. Brenda also wants a portion of […]

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What We Can All Learn From Luke Perry’s Untimely Death

Even if you never watched the 90’s hit show “Beverly Hills 90210,” it’s hard not to be shocked and saddened by the untimely passing of actor Luke Perry, age 52, who died after suffering a massive stroke earlier this week. The unexpected death of a favorite celebrity helps drive home what it means to be truly […]

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How To Do It: Burt Reynolds’ Smart Estate Planning Keeps Details Quiet

Bravo to fellow Floridian and legendary actor Burt Reynolds, who put in place a smart estate planning strategy before his recent death at age 82. Here’s 3 takeaways from his estate: He had a Will and Trust. So many celebrities who have passed away recently had no estate planning documents in place. That can lead to expensive […]

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So You’ve Been Asked To Serve As Executor?

A good friend or family member has asked you to serve as executor of their estate. Should you be flattered, or fearful? One thing that’s not in question: serving as executor (or Personal Representative, as it’s called in Florida) is an important and demanding job. Your friend or family member wants someone she can trust, someone […]

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5-Minute Fix: Springtime Means Updating Beneficiaries On Your Accounts

OK, we made that up. But now would be a good time to do some “spring cleaning” and dust off those beneficiary designations. In fact, we’ve been doing just that. In several recent meetings, we’ve been spending time with clients to discuss and update the beneficiary designations on their accounts. You can take a few minutes […]

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Are You Prepared? What One Financial Journalist Learned When She Was Unexpectedly Widowed

Rave reviews for our guest speaker, financial journalist Robyn Friedman, who led an informative session in our offices last Thursday sharing her personal experiences and financial challenges after unexpectedly losing her husband. Robyn addressed a gathering of clients, friends and guests as part of our ongoing client educational series. She recently published an article in […]

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Keeping Aging Investors Safe From Financial Exploitation

We spend a lot of time making sure our clients and their finances stay safe, even as they age. Are you familiar with the facts about financial exploitation and aging? Financial abuse costs seniors billions of dollars each year. Here’s some new numbers from Greg Brumbeloe, in a recent article for Financial Advisor magazine. Brumbeloe […]

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