by Kathryn A. Flanigan | Apr 23, 2013 | Uncategorized
One question that plagues millions of Americans is, how much do you need to save for retirement? When many people are just making ends meet, the thought of having to pile up a million dollars or more for retirement seems like a pipe dream.Conventional retirement...
by Kathryn A. Flanigan | Apr 23, 2013 | Uncategorized
Baby boomers represent the largest population segment in the U.S., with more than 10,000 of them turning 65 every day. Unfortunately, many are financially unprepared, which is why financial planners are recommending boomers test-drive their retirement before they take...
by Kathryn A. Flanigan | Apr 23, 2013 | Estate Planning
A recent Forbes.com article exposed the top 10 estate planning myths that could be detrimental to your family; here are the first 5: Estate planning is only for the rich. On the contrary, estate planning is not just about money. It’s about who will make...
by Kathryn A. Flanigan | Apr 22, 2013 | Uncategorized
If you are or will be caring for an elderly relative, it is critical for you to ensure that person has the proper estate planning documents in place that will enable you to provide the best possible care. Those documents include: Durable Power of Attorney. This...
by Kathryn A. Flanigan | Apr 13, 2013 | Uncategorized
Leaving your family in the best possible financial shape is a primary goal of California estate planning; here are some steps you can take now to achieve this:Be sure you have sufficient life insurance. Will your family be able to survive just fine without your income...
by Kathryn A. Flanigan | Apr 9, 2013 | Uncategorized
Research shows that most Americans who have access to a 401(k) plan still fail to contribute, which is just another way to leaving money on the table. Investing in a 401(k) is one of the easiest ways to build a nice tax-deferred nest egg for retirement, and financial...
by Kathryn A. Flanigan | Apr 9, 2013 | Uncategorized
There are certain times when parents do think about disinheriting their unruly children, but it is extremely rare that a parent ever does so intentionally. However, that doesn’t mean that sometimes children are unintentionally disinherited. How could that...
by Kathryn A. Flanigan | Apr 9, 2013 | Uncategorized
Recent research shows that boomers should be preparing themselves for a double whammy: less inheritance from longer-living parents and having to tap some of their own savings to help those parents make ends meet.Many boomers who may have been counting on an...
by Kathryn A. Flanigan | Apr 9, 2013 | Uncategorized
To protect both their businesses and their families, female entrepreneurs need to take these three important estate planning steps:1. Create a succession plan. If you are a woman running her own business and have business partners, you should have a buy-sell agreement...
by Kathryn A. Flanigan | Mar 13, 2013 | Uncategorized
An Orange County estate planning lawyer says that estate plans need to take the following often-neglected but important issues into consideration when developing an estate plan or risk depleting estate assets:Cash to administer the estate. Having insufficient cash to...
