What Happens if One of My Team Members Retires, or Closes Their Business?
January 18, 2017I have a Financial Team but What is One Retires Let’s review my team first and then ponder what if one retires. Here is my Team. The answer depends a bit on who you are, what your life situation is and what your goals are. Here are some guidelines. Financial Advisor-Similar to a primary care… Read more »
How Often Will I Need to Update My Plan?
January 16, 2017Once you have established your estate plan, make sure it stays sound by revisiting it at regular intervals or at key life events. Many people review their estate plan at a regular frequency, often when they review their whole financial plan. This can be done annually, semi-annually, or quarterly; for estate planning specifically, the general… Read more »
With So Many Advisors, Will I Maintain Control of My Finances?
January 12, 2017Do I Need a Team of Advisors? What if I lose Control? Thinking about your financial future doesn’t have to be frightening or stressful. When you’re backed by the right team of professionals, you can breathe easy and know that you are on your way to achieving your financial goals. Do you need a team… Read more »
How Does the Planning Team Work Together?
January 06, 2017Learn How a Planning Team Works What is a planning team and why do I need one? Do I assemble this dream team or are there ones already in place that I can work with? Let us explain one of the new ways to do estate planning. Imagine that you are going to build your… Read more »
How Do I Find a Qualified Financial Planner or Investment Advisor?
January 04, 2017I need to find a financial planner qualified to handle my estate. Ideally, you would be referred to someone that a trusted advisor recommends – a qualified financial planner. A trusted advisor could be a member of your family, your CPA or attorney, or a friend or colleague. You may not have a trusted advisor… Read more »
What Role does a Financial Advisor Have in Estate Planning?
January 02, 2017Does a Financial Advisor Have a Role in Estate Planning? Yes – a financial advisor has a role in Estate Planning. When forming an estate plan, financial advisors have a crucial role. The advisor is focused on the client’s finances, and you can help prevent important financial information and procedures from slipping through the cracks…. Read more »
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 »
Would Coaching Help Me With My Philanthropic Planning?
December 06, 2016Yes. Coaching can help with philanthropic planning. Our observation in working with clients is that many people are reactive in their giving to charities not . They respond to solicitations received in the mail, the year-end appeal from charitable organizations to give for tax deductions, and the call from a friend to help with an… Read more »