6 05, 2019

3 Things to Keep in Mind When Estate Planning

Estate planning is an important part of retirement planning for many reasons: You’ve worked hard for your money and want to see your children and grandchildren benefit. And, you want to see it passed down in the most efficient way possible. Unfortunately, costly mistakes are all too easy to make, from forgetting to name a [...]

26 10, 2018

Don’t Forget These Important Retirement Documents

Estate planning is not always an easy subject to think about, but it’s even harder to think about what will happen if you don’t have a plan. We know that retirement planning can be overwhelming, and that there’s a lot to take into account when creating your strategy. But, it’s vital to remember that estate [...]

9 07, 2018

Don’t Forget About Estate and Legacy Planning in Retirement

According to recent studies, the “great wealth transfer” will have baby boomers transferring an estimated $30 trillion to their heirs by 2050. Estate planning is defined as the preparation of tasks that serve to manage an individual’s asset base in the event of their incapacitation or death. Whereas legacy planning is defined as a financial [...]

16 12, 2016

Estate Planning for the Holidays

As you gather with close family and friends for the Holiday’s, give some thought to opening up the estate planning conversation. Whether you need to update an existing plan or look into creating a new one, it is an important piece to your overall retirement strategy, so don’t ignore the conversation. As hard as it [...]

2 12, 2016

Tax Considerations for the Estate Planning Process

When estate planning, don’t forget to consider the tax considerations. Do not transfer assets with gains from an older generation to a younger generation without tax and step-up basis considerations.  These rules vary state to state and can be very complex to decipher.  This is yet another reason why working with an advisor who has [...]