Estate Planning
Wills, trusts, beneficiaries, probate, wealth transfer and charitable giving.
The Money Conversations Caregivers Need – Before a Crisis Hits
The Money Conversations Caregivers Need – Before a Crisis Hits By Sandra D. Adams, CFP® Most caregiving journeys don’t begin with a plan. They begin with a phone call. A fall. An emergency room visit. […]
Smart Estate Planning: Why Revocable Trusts Are Your Financial Safety Net
Revocable trusts offer comprehensive financial protection and estate planning flexibility in an era of increasing risks for seniors. Explore how these adaptable tools can shield your assets, simplify inheritance, and provide peace of mind.
Don't Gift Your Home to Your Kids: The $750K Tax Mistake
Estate attorney reveals costly error costing families $100Ks - learn how to avoid it with step-up in basis tax savings.
Cheapest and Most Expensive Cities for Assisted Living
Discover the cheapest and most expensive cities for assisted living in this Retirement Daily video based on a study by Seniorly. #seniorliving #retirement
New Long-Term Care Partnership Policies: Extend Benefits and Protect Assets
New Long-Term Care Partnership Policies: Extend Benefits and Protect Assets
Estate Planning Simplified: Vital Tips for You
Estate planning is about ensuring your wishes are known regarding your healthcare, digital assets, and other important matters.
Keeping Beneficiary Designations Up To Date
Keeping Beneficiary Designations Up To Date: Nicole Gopoian Wirick, JD, CFP® of Prosperity Wealth Strategies discusses the importance of naming and regularly reviewing beneficiary designations. Beneficiary designations control where assets like retirement accounts, life insurance policies, and bank accounts transfer upon death, overriding wills and trusts.
Pour-Over Wills
Pour-Over Wills: If you’ve discussed estate planning with a qualified professional or even casually perused the internet trying to formulate a game plan for putting your affairs in order, you’ve probably come across the concept of "pour-over wills" alongside revocable living trusts. Allison Lee, an attorney with Freewill, disucsses Pour Over Wills.
What is a Pour-over Will?
What is a Pour-over Will? Do you know what a "pour-over will" is? This type of will can ensure your assets go where you want them to. But there are many misconceptions about them. Here are the facts, according to Allison L. Lee is the Attorney-at-Law, Director Trusts & Estate Content for FreeWill. Learn more at www.finstream.tv.
Post-death distributions of IRAs to Heirs
Post-death distributions of IRAs to Heirs: Bill Harris, CFP, RMA discusses how post-death distributions of IRAs to heirs doesn't work the way you thought. The 10 year rule and IRS Publication 590B are reviewed.
Estate Planning & Digital Assets
Jeffrey discusses key estate planning documents and digital assets.
What Happens When You Die Without a Will?
Mark Colgan, the founding partner of Montage Wealth and author of The Survivor Assistance Handbook and Death's Red Tape, discusses what happens should you die without a will.
Surviving Financially after the Death of a Spouse
Managing post retirement risk - Some retirement benefits such as social security or pensions could stop if a spouse passes away. The role of life insurance, wills, estate plans, pension plans, annuities and other ways to manage the risk.
Inheriting Your Spouse’s IRA
Bill Harris from WH Cornerstone talks about his book "Inheriting Your Spouse's IRA."
Everyone Needs an Estate Plan
Haley Tolitsky, CFP with Cooke Capital, discusses the components of an estate plan including wills, power of attorney, beneficiaries and other key elements of an estate plan.
Estate Planning in the New Normal
Michael Roberts from Arden Trust Company discusses beneficiary designations on contractual assets, health care proxies, wills, trusts and estate planning in the new normal.
Estate Planning Amid the Pandemic
Bob interviews Michael Roberts from Arden Trust Company about Wills and Estate Planning.
Estate Planning – Making Changes due to COVID
Martin Shenkman of Shenkman Law explains the changes to make to your estate plan because of COVID-19.
Estate Planning – Healthcare Documents You Need
Martin Shenkman of Shenkman Law describes the healthcare documents you need in place for your estate plan -Living Will, Healthcare Proxy, HIPAA Release, DNR or POLST, etc.
Changes to Estate Tax Exemption Portability
Changes to Estate Tax Exemption Portability: Portability can play a role in estate planning. Philip Herzberg discusses portability in estate planning.
What Are Medical Directives and Living Wills?
What Are Medical Directives and Living Wills? A living will and a medical directive are both legal documents that allow individuals to make decisions about their medical care in case they become unable to communicate their wishes, according to Harry Margolis, author of Get Your Ducks in a Row.
Protect Your Inheritance in 5 Steps
Receiving an inheritance can be life-changing, but without proper planning, it can lead to financial disaster. Discover a proven 5-step plan to safeguard your inheritance and achieve your financial goals.
Retiring in New York: Pros, Cons and Tax Implications
Learn how to optimize your retirement finances in New York. This article details tax-saving strategies, senior exemptions and how to navigate the state's unique tax landscape.
Revocable vs. Irrevocable Trusts
This guide explores the ideal scenarios, pros and cons for revocable and irrevocable trusts.
Black History Month Roundtable: Financial Equity & Racial Equity
Financial experts Lee Baker, Lazetta Rainey Braxton and Dr. Preston Cherry join Robert Powell in this roundtable discussion.
Navigating the Great Wealth Transfer: A Family Guide to Generational Planning
Create a lasting legacy that goes beyond finances. This article explores strategies for transferring both wealth and values to future generations.
Invest America, Baby Bonds and Bonuses
“Working and Saving for the Generations Ahead” panel at the EBRI-Milken Institute Retirement Symposium suggests new solutions for growing generational wealth.
Offshore Trusts Explained: A Guide to Asset Protection
Discover how offshore trusts can safeguard your assets from lawsuits and creditors. Learn about setup costs, suitable jurisdictions and essential compliance considerations.
Intergenerational Wealth Transfer: Strategies for Modern Retirees
Discover how "living while giving" is transforming wealth transfer. Explore strategies like milestone gifting and family business investment, while balancing generosity with long-term financial stability.
Planning for a Special Needs Child in Your Estate Plan
Learn about ABLE accounts, Special Needs Trusts (SNTs), government benefits (SSI, Medicaid), and other essential tools for your child's future.
Roth IRA vs. Life Insurance: Which is Best for Your Legacy Goals?
Which strategy is best for your legacy goals? Understand the tax implications, benefits and drawbacks of each strategy.
Man vs. Machine: Trust Protectors
We asked ChatGPT: What is a "trust protector" and when would I need one? Colleen Carcone, director of Wealth Planning Strategies at TIAA, provides expert critique.
Avoid Probate & Protect Your Family: Comprehensive Estate Planning Tips
Discover the importance of estate planning to protect your family from legal complexities and financial burdens. Learn how to create a comprehensive plan with wills, trusts, and beneficiary designations.
‘Just a Mess’: Staff Cuts, Rushed Changes and Anxiety at Social Security
President Trump promised not to touch Social Security, but as Elon Musk’s DOGE team trims staff and plans cuts to phone services, The New York Times reports the system is groaning under the pressure.
“What Should I Do Now?”: Financial Planning for Widows
An expert provides five essential steps for newly widowed individuals to ensure security and avoid costly mistakes.
Alaska Retirement: Tax-Friendly Living for Seniors
With its stunning beauty and no state income or sales tax, Alaska might be the perfect retirement destination.
Don’t Wait: The Silent Risks of Not Having an Estate Plan
For high-net-worth individuals, a comprehensive estate plan is crucial. Explore strategies like dynasty trusts, life insurance and charitable giving to safeguard your wealth across generations.
Beyond Wills: The Essential Estate Plan Checklist (For Everyone!)
It's more than just passing on wealth! Ensure your health care wishes are respected, appoint guardians for loved ones and manage digital assets with a comprehensive estate plan.
Retirement Planning for Widows and Widowers
An expert provides five essential steps for newly widowed individuals to ensure security and avoid costly mistakes.
Why Your Estate Plan Needs a 2025 Update NOW
Update your estate plan for 2025 tax changes now! Join Bob Powell and Noah Harden for new strategies. #EstatePlanning #TaxChanges