by Kathryn A. Flanigan | Jan 28, 2014 | Uncategorized
It is not unusual for a parent to add an adult child as a joint owner of property, bank accounts, investment accounts or other assets, but there are risks to choosing joint ownership over basic estate planning strategies to achieve the same objective.The four primary...
by Kathryn A. Flanigan | Jan 15, 2014 | Estate Planning
Has another year slipped by without you developing a new estate plan or updating your old one? If so, let 2014 be the year you accomplish this important task for protecting both yourself and your loved ones. Here are four simple steps to begin: 1. Have the right...
by Kathryn A. Flanigan | Jan 15, 2014 | Estate Planning
Probably the biggest inspiration for estate planning by parents is their children. Developing an estate plan that will protect your children in the event of your untimely death or incapacity, however, is more complicated than just choosing a guardian. You also need to...
by Kathryn A. Flanigan | Jan 15, 2014 | Estate Planning
Are you determined to complete your estate planning this year? If so, you may find the following general information on how the estate planning process works helpful: First, you need to gather together your information. This includes all of your financial information,...
by Kathryn A. Flanigan | Jan 15, 2014 | Uncategorized
The vast majority of people who have been named as someone’s estate executor have never held the position before and have no idea what to do once their executor duties kick in following the death of a family member or friend. A quick Internet search on the...
by Kathryn A. Flanigan | Nov 19, 2013 | Estate Planning
A recent Fidelity Investments survey found that a majority of American families have a hard time talking about wills, elder care and retirement planning. In fact, a majority surveyed said they feel much more comfortable discussing estate planning issues with a third...
by Kathryn A. Flanigan | Nov 19, 2013 | Uncategorized
Ameriprise Financial’s recent Retirement Check-In Survey found that many Americans are wearing rose-colored glasses when it comes to planning for retirement, thinking their retirement years will be spent in luxury that their savings cannot support.According to...
by Kathryn A. Flanigan | Nov 19, 2013 | Uncategorized
Just about everyone dreams of winning the lottery; however, most of us who come by a financial windfall do so because of an inheritance. There are a number of asset protection and estate planning strategies to employ to help you protect your inheritance or any large...
by Kathryn A. Flanigan | Nov 19, 2013 | Estate Planning
A report from the American Medical Association Insurance Agency says that many doctors neglect financial and retirement planning, and that only 57% have an updated will. The AMA’s 2013 Report on U.S. Physicians’ Financial Preparedness interviewed 2,365...
by Kathryn A. Flanigan | Nov 19, 2013 | Uncategorized
According to a recent NBC News report, the generation of baby boomers that broke the mold in every stage of life is continuing to do the same when it comes to retirement. Here are 7 ways that boomers – 10,000 of who reach retirement age every day – are...
