by Kathryn A. Flanigan | Jul 30, 2013 | Uncategorized
Many Americans have the mistaken belief that estate planning is just for the wealthy, but that is not the origin of the term “estate” planning.Everyone who dies owning property or other assets leaves an “estate.” If you do not have property...
by Kathryn A. Flanigan | Jul 30, 2013 | Uncategorized
If you’ve experienced – or are about to experience – a big change in your life, chances are that change should also be reflected in your will.There are two ways to change your will – by modifying it with a codicil, or by drawing up a new will....
by Kathryn A. Flanigan | Jul 30, 2013 | Uncategorized
The primary reason that people engage an estate planning attorney or financial planner is to ensure they have enough money for their retirement. So how do you know how much is enough?To get a realistic picture of what your retirement expenses will likely be, you...
by Kathryn A. Flanigan | Jul 30, 2013 | Uncategorized
It is estimated that 15 million Americans have left a 401(k) behind with a former employer. Which means there are 15 million opportunities for Americans to save on their taxes by reclaiming that orphan 401(k) and rolling it over into a Roth IRA.In addition, if your...
by Kathryn A. Flanigan | Jul 30, 2013 | Uncategorized
A charitable trust is truly the gift that keeps giving since it allows you to generously donate assets to charity and provides you and your heirs with tax breaks.Establishing a charitable trust is fairly easy. First, the charity you choose must have tax-exempt status...
by Kathryn A. Flanigan | Jul 16, 2013 | Uncategorized
Most Americans have no idea when or even if they can retire. In this three-part post, we’ll look at the 10 things you should be thinking about when it comes to planning your retirement:4. Plans for staying healthy. Baby boomers are changing the face of...
by Kathryn A. Flanigan | Jul 16, 2013 | Uncategorized
Most Americans have no idea when or even if they can retire. In this three-part post, we’ll look at the 10 things you should be thinking about when it comes to planning your retirement: 8. Dependents. Will you still be caring for aging parents in your...
by Kathryn A. Flanigan | Jul 16, 2013 | Uncategorized
Most Americans have no idea when or even if they can retire. In this three-part post, we’ll look at the 10 things you should be thinking about when it comes to planning your retirement:1. How much money you will need to live on in retirement. In general, most...
by Kathryn A. Flanigan | Jul 16, 2013 | Estate Planning
With divorces and remarriages now very much a fact of American life, keeping peace in the extended family often requires astute and careful estate planning to avoid potential inheritance disputes. Financial planners and legal experts both agree that they are seeing...
by Kathryn A. Flanigan | Jul 16, 2013 | Uncategorized
Here are some of the biggest mistakes that couples make with their money and how to avoid them:Not discussing finances. Probably one of the most common mistakes that couples make before living together is not discussing how they will handle their money. If you plan to...
