Estate Planning

Have You Outgrown Your Advisor?

I believe one of the hardest things to do is find the “right fit” advisor for you and your family. Here's a little education about our industry.

Charitable Gift Planning - Not Just for the Wealthy

Do you want to be able to leave money to your heirs and be able to leave money to the charities and organizations that are near to your heart? Here are some creative strategies that could possibly help.

Did You Miss This in Your Retirement Plan?

Have you considered your marital status during retirement – and its financial and social impact on you? According to the US Census Bureau, 42.4% of people over age 65 were single in 2015 and 1 in 4 of those was a widow or a widower. So whether you are already single or believe you will never be single - this is for you.

Long-Term Care Insurance

I urge you to consider long-term care planning as a chapter in your estate plan. Yes, long-term care insurance is lousy, but it may be the only option. Would be worth giving up ½ of 1% of the return on your estate to protect your estate? Just remember plan for it when you don’t need it, because when you do need it; it will be too late.

Estate Planning for Blended Families

According to the US Bureau of Census, 1,300 new blended families form every day. Sadly, too many estate planners employ a canned estate plan that only employs solutions for traditional families when simply traditional planning does not work!

Family-centric Wealth Planning

Frank Mullins, CFP, Chartered Advisor in Philanthropy, Family Wealth Consultant with Legacy Wealth Counselors is our special guest this week. Find out what family-centric wealth planning is and how it can benefit you and your family.

Titling of Assets and Beneficiary Check

Every year during our Life Planning Reviews, we take a look at the titling of assets and beneficiaries and list these out for the families we work with to find the holes before someone steps in one.

Money Well Spent...or Saved

Someone important in my life once told me to spend my money on two things: other people and experiences. Giving to people gives back to you and experiences are memories you will always have. Here are 5 alternatives to spending and taking more risk when it comes to your cash.

The Estate Tax Storm

There are tools still available to you which, if implemented, could possibly allow you to weather out the upcoming estate tax storms. It may be now or never to take action and set up a lasting low or even no tax legacy.

My Farm & Ranch: Transitioning and Retirement Planning

If you haven’t thought about your own legacy, please do. In order to help you get off on the right foot, here are some things you need to consider. We call it the “Who, What, When, How, Sam and Plan Approach.”

Naming Your Beneficiaries

Naming the beneficiaries of your IRA, life insurance policy, annuity or any other contract property may not be as simple as choosing the ones you love to inherit the assets and writing those names down. Let me offer you a scenario: Suppose you name your two daughters as the...

Is Not Having a Will That Big of a Deal?

According to Rocket Lawyer, 64% of Americans don’t have a will. There is a common misconception that if you don’t have an estate tax problem you don’t need an estate plan – or a will. The truth is that this couldn’t be further from the truth.
First, it could mean a lot of...