by Kathryn A. Flanigan | Aug 13, 2013 | Uncategorized
Financial advisors recommend these five things to help boomers prepare for retirement now:1. Start planning. When planning for retirement, boomers need to take a long view; many will live 25 or more years in retirement. You need to figure out how much you need and...
by Kathryn A. Flanigan | Aug 13, 2013 | Uncategorized
A recent Los Angeles Times column by David Lazarus detailed the ongoing practice by Bank of America of deducting monthly fees on a deceased man’s checking account – and the catch is, it’s perfectly legal.Rocco Bersane died in March 2013 without a...
by Kathryn A. Flanigan | Aug 13, 2013 | Uncategorized
A recent Insure.com post provides important information on the 10 mistakes you need to avoid when naming beneficiaries for a life insurance policy:Leaving benefits to a minor. By law, insurance companies cannot pay benefits to minor children, so you need to create a...
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
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
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...
