by Kathryn A. Flanigan | Feb 11, 2014 | Estate Planning
There are two primary disadvantages of the probate process: time and money. A primary purpose of estate planning is making sure your assets are designated correctly so that they pass automatically, allowing an estate to avoid probate. Some common examples of assets...
by Kathryn A. Flanigan | Feb 1, 2014 | Uncategorized
A recent report from the U.S. Senate Committee on Health, Education, Labor & Pensions found that only 14 percent of Americans believe they will have saved enough money to retire comfortably.Understandably, a majority of Americans are still struggling to pay...
by Kathryn A. Flanigan | Feb 1, 2014 | Inheritance Disputes
Parents can have a number of very good reasons for leaving unequal inheritances to children. For example, one child may be much more successful financially than others; one child may have chosen a philanthropic career that will never pay much monetarily but still...
by Kathryn A. Flanigan | Feb 1, 2014 | Uncategorized
If you are newly retired, chances are that you are still concerned about whether or not your nest egg will last you your entire life. A recent U.S. News Money column provides these tips for new retirees to help alleviate these concerns:1. Conduct a realistic...
by Kathryn A. Flanigan | Feb 1, 2014 | Uncategorized
The two things we cannot avoid – death and taxes – are unfortunately the two things most of us do almost anything to avoid talking or learning about. Yet we want both to be as painless as possible. Here are some things that everyone needs to know about...
by Kathryn A. Flanigan | Feb 1, 2014 | Uncategorized
If one of your resolutions this year is to do a better job of planning for your retirement, part of that job includes planning for the tax bite you will incur once you retire. A recent USA TODAY article explains how you can help reduce your taxes while saving for...
by Kathryn A. Flanigan | Jan 28, 2014 | Estate Planning
Talking about estate planning with your spouse is probably one of the most important conversations you will ever have – and it can be one of the most difficult, especially if you differ in your approach to finances. Usually we find that one spouse is more...
by Kathryn A. Flanigan | Jan 28, 2014 | Estate Planning
Most new parents have become experts at planning before a baby is born. They have created the nursery, planned for childcare and some have even started planning for the unborn child’s education. All of that is great. But don’t let your planning stop there...
by Kathryn A. Flanigan | Jan 28, 2014 | Uncategorized
According to a recent Wall Street Journal article, pet ownership in the U.S. is now at record levels, and the trend of providing for pets in a will is growing.However, writing your pet into your will is not the right way to provide ongoing care for your furry or...
by Kathryn A. Flanigan | Jan 28, 2014 | Uncategorized
California is one of 30 states that have filial responsibility laws, which means that children of parents with limited financial means could be responsible for paying the bills for their parents’ medical bills.Of course, most of us would choose to take care of...
