by Kathryn A. Flanigan | Jul 5, 2013 | Uncategorized
On average, women live five years longer than men, and it is currently estimated that 70 percent of baby boomer women will outlive their husbands. According to a recent ING Direct USA survey, almost 80 percent of boomer women say they lack the financial savvy to make...
by Kathryn A. Flanigan | Jul 2, 2013 | Uncategorized
Two U.S. Supreme Court rulings in June have cleared the way for legal same-sex marriage in California and that those legally married couples will now be able to enjoy the same federal benefits as same sex couples.In the first ruling – Windsor v. United States...
by Kathryn A. Flanigan | Jul 2, 2013 | Uncategorized
If you are already retired, you know that protecting and growing your assets is still important. But did you also know how important it is to steer clear of these top five money mistakes retirees make?1. Helping the kids too much. Especially in this economy, children...
by Kathryn A. Flanigan | Jul 2, 2013 | Uncategorized
If you have inherited an IRA or 401(k), there are ways you can maximize that inheritance that are far preferable to just taking the money and running. Here’s what you need to know:Check the beneficiary form on file with the financial institution that holds the...
by Kathryn A. Flanigan | Jul 2, 2013 | Estate Planning
Getting remarried? Congratulations! One of the best gifts you can give each other is to review your estate plans with the following in mind: Asset management – both of you need to create a list of your separate assets, including IRAs, brokerage accounts, bank...
by Kathryn A. Flanigan | Jun 18, 2013 | Estate Planning
Like many things in life, estate planning is an ongoing process and change is an inevitable part of that process. To ensure that your estate plan remains relevant through the years, you should: Update your estate plan whenever you experience a life-changing event such...
by Kathryn A. Flanigan | Jun 18, 2013 | Uncategorized
Retirement for baby boomers is nothing like their parent’s retirement, both financially and emotionally. Boomers today face a number of different issues, including:Divorce – the fastest growing segment of the U.S. population filing for divorce is over the...
by Kathryn A. Flanigan | Jun 18, 2013 | Uncategorized
It is estimated that 25 to 30 percent of Americans have living wills – legal documents that detail your wishes for end-of-life care. However, with growing technological advances in medicine, healthcare professionals are increasingly less able to predict medical...
by Kathryn A. Flanigan | Jun 18, 2013 | Uncategorized
When choosing the right person to serve as executor, experts recommend you look for someone with the following qualities:Fair and loyal. An executor needs to be fair to all beneficiaries of your estate and loyal to carrying out your wishes.Trustworthy. You need to...
by Kathryn A. Flanigan | Jun 18, 2013 | Estate Planning
When someone dies without leaving a will, this is known as dying intestate. And for those left behind, having to deal with an intestate estate can be confusing and stressful. Here is how an estate is settled without a will: Someone – usually a person with...
