5 Myths About Arnold Palmer
Few athletes were as universally loved as Arnold Palmer, including by yours truly. He packed an admirable life into his 80+ years. He exuded character, charisma and success. His movie ...(more)
When it comes to planning for the successful transfer of your wealth, reviewing your beneficiaries periodically is extremely important. Even if you’ve recently met with an attorney to review your will, or completed ...(more)
What are you missing in your estate plan?
An estate plan may have been created, but many plans are still missing crucial elements that can make or break the plan.
For years, financial planning professionals and ...(more)
I am an extremely curious person and I am willing to try almost anything once. A few weeks ago a friend invited me to assist with an “active shooter” training for the cadets of a regional police academy. It was the ...(more)
AN ESTATE TALE
“The Widow and the Advisor”
I often listen to talk radio. Every once and a while I tune in to the Christian Broadcasting channel to listen to the Christian financial advisors since I have a ...(more)
For many Americans, pets are members of the family. However, many pet parents aren’t aware they can actually set up a pet trust in order to ensure their animals are cared for if they pass away. The ASPCA estimates that ...(more)
Why should you care?
Through estate planning you can act now to ensure that you control the fate of your family, yourself, and your assets in the possible event of your incapacity and the certain event of your ...(more)
Getting married is an exciting experience. Beyond two lives and families coming together, newlyweds are also linking their finances to varying degrees. Once you get married it’s important to create or review your ...(more)
How long has it been since you've reviewed and / or refreshed your will? Or do you even HAVE a Will, Physicians Directive and Medical Power of Attorney in place?Are your beneficiaries up to date?(more)
What can you do to lessen its impact for your heirs?
Probate subtly reduces the value of many estates. It can take more than a year in some cases, and attorney’s fees, appraiser’s fees and court costs may eat up as ...(more)
Things to check and double-check before you leave this world
Estate planning is a task that people tend to put off, as any discussion of “the end” tends to be off-putting. However, those who leave this world without ...(more)
Charitable donations can be a tremendous way to leave a legacy as part of an estate plan. They can also come with powerful tax advantages. Here are five ways to give to charity that will both enhance donation amounts ...(more)
Articles about estate planning tend to put a great deal of focus on avoiding setting up your assets in such a way that your beneficiaries will avoid probate. The probate process is seen as a hassle because it can be ...(more)
Choosing a Successor Trustee:
Your First Thought May Not Be Your Best Option
By Paul Hynes, CFP®
What will happen to your estate once you are gone? This is a daunting question. Much depends on the estate ...(more)
Trusts are very versatile in their uses. Many different types of trusts exist, each designed for a specific purpose. Some trusts are more complex than others. Often, we get the question of whether or not a client ...(more)
Proper Estate Planning: The Ultimate Love Story
When you die with no estate plan, or a poorly designed one, it’s left to those you love the most to clean up your mess. These ten top estate planning activities will ...(more)
You’ve done a good job and have your estate plan in place with all your needed documents. What else needs to be done? Nothing – unless – you have young adult age children (over the age of majority, depending on your ...(more)
Unless your Estate Planning attorney objects currently it is best to not have your revocable living trusts as a beneficiary or contingent beneficiary of your retirement accounts. My readings indicate that in some ...(more)
Thanks to changes in the social security rules made in 2000 and because we are living longer it is becoming more financially advantageous to delay filing for Social Security benefits past your full retirement date. ...(more)
There’s a famous saying that I have come to appreciate: “Old age isn’t for sissies.” There are lots of things that begin to bother us as we age that never did when we were young. Aches and pains are the most obvious ...(more)
Information is provided 'as is' and solely for informational purposes, not for investment purposes or advice. BrightScope is not a fiduciary under ERISA. BrightScope is not endorsed by or affiliated with FINRA.