What is the Difference Between an Insurance Agent and an Insurance Broker?
December 22, 2016Insurance Agent vs. Broker: What’s the Difference? Insurance agents and brokers are professionals who sell insurance. They may choose to specialize in a certain area, such as property and casualty insurance (P&C), which protects businesses against lawsuits and property losses. Both agents and brokers are licensed in the state where they operate and must comply… Read more »
What Role Does the Accountant or CPA Have in Estate Planning?
December 14, 2016Learn Why You Need an Accountant or CPA on Your Planning Team For many people, the accountant or CPA is one of their most trusted advisors. This seems to be especially true for people who own businesses. They have utilized the advice of the accountant in many diverse situations. Estate planning is no exception. The… Read more »
What Role Does the Attorney Have in Planning?
December 12, 2016What Role Does an Attorney Have in Estate and Financial Planning? The attorney will participate with your financial advisor and CPA in the discovery of information and clarification of those objectives you wish to accomplish. Once plan design is agreed upon, the attorney will draft the proper documents to make them legal and binding. How… Read more »
Financial life Planning…How Do You Integrate Life Planning and Financial Planning?
November 22, 2016Do you know about financial life planning? Integrating a life coach into a comprehensive financial plan can transform your retirement planning experience. Once you are financially and emotionally prepared, making the decision to retire is empowering. The end result is something we all aspire to…a more fulfilling and enjoyable life. Financial life planning is a… Read more »
Why Integrate Life Coaching and Financial Planning?
November 16, 2016Integrate Life Coaching Into Retirement Planning While financial planning and life coaching have traditionally been independent of each other, integrating the two can be extremely beneficial. It is time to integrate life coaching into your financial planning. By working through your plan more comprehensively, you will feel more comfortable and confident in making the transition…. Read more »
What are Some Common Approaches of Coaching to Financial Planning?
August 16, 2016Learn the Common Approaches of Coaching to Financial Planning The following are a few of the potential coaching applications that can be addressed in a financial planning setting: Money vs. Meaning The trade-off between money and meaning is one that has been going on for centuries. A few issues include: If you don’t have money,… Read more »
How Can I Find A Qualified Financial Planner?
April 20, 2016Finding a Financial Planner Qualified to Handle Your Estate The birth of the financial planning industry started with salesmen of financial products including specific investments, life insurance, and annuities. Sales professionals performed some planning on behalf of their customers in order to determine their needs and select suitable products. This planning was usually performed at… Read more »
What are the Costs of Failing to Plan Financially?
April 14, 2016Failing to plan can result in both emotional and fiscal costs. “If you fail to plan, you are planning to fail” Benjamin Franklin’s quote applies to many choices we make – including personal finances. If we don’t take his message to heart, then a lack of planning can be costly. There are traditionally two paths one will… Read more »
What Are the Costs of Financial Planning?
April 12, 2016Costs of Financial Planning Financial planners can get paid in a variety of ways. None of these compensation methods are necessarily better than another but it is important to understand the costs of financial planning. The important thing is to have a clear explanation and understanding about how your particular advisor is paid, including full… Read more »
How Do I Prepare for Financial Planning?
April 08, 2016Time to prepare for financial planning The most important part of a financial plan is deciding what matters most to you-this is step one as you prepare for financial planning. Your financial planner should provide you with a comprehensive set of questions on a wide range of topics to help you shape your answers. Take… Read more »