August 6th, 2020

The A, B, C, & D of Medicare

Breaking down the basics.  Whether your 65th birthday is on the horizon or decades away, understanding the different parts of Medicare is critical, as this government-sponsored program may play a role in your future health care decisions. This is such an important topic that we recently hosted a webinar for our clients to go over … Continue reading “The A, B, C, & D of Medicare”

August 6th, 2020

How to Use a Family Dynasty 529 Plan for Multigenerational College Planning

According to the Bureau of Labor Statistics, individuals with 4-year college degrees earn, on average, almost $25,000 more per year than those who never attended college, while those with professional degrees earn over $60,000 per year more than those who never attended college. Yet, given the steep price of a college education and the high … Continue reading “How to Use a Family Dynasty 529 Plan for Multigenerational College Planning”

March 14th, 2019

The Importance of TOD & JTWROS Designations

TOD, JTWROS – what do these obscure acronyms signify? They are shorthand for transfer on death and joint tenancy with right of survivorship – two designations that permit automatic transfer of bank or investment accounts from a deceased spouse to a surviving spouse. This automatic transfer of assets reflects a legal tenet called the right … Continue reading “The Importance of TOD & JTWROS Designations”

June 2nd, 2017

Estate Planning Basics

Estate planning can be an uncomfortable topic for many people causing them to put it off for as long as possible. However, when people don’t put their financial affairs in order, it makes their friends and family deal with potentially complicated and stressful situations. Investing some time and money now will help families avoid stress … Continue reading “Estate Planning Basics”

December 20th, 2016

Tell Your Beneficiaries about Your Accounts and Policies

As Year’s End approaches, now is a great time to review your retirement account(s) and insurance beneficiaries to ensure your heirs receive a fair share of your wealth and that your invested assets go where you want them to when you die. If you have a proper will or estate plan in place, you will … Continue reading “Tell Your Beneficiaries about Your Accounts and Policies”