Five Estate Planning Mistakes Successful Families Make (And How to Avoid Them)
Many families assume their estate plan is complete, but outdated beneficiaries, old documents, and poor planning decisions can create costly mistakes. Learn the five most common estate planning mistakes and how to avoid them.
Strategies to Minimize Estate Taxes in New York
Concerned about New York estate taxes reducing the wealth you leave behind? Learn practical strategies to help keep your estate below New York’s estate tax threshold, including gifting, trusts, life insurance, and proactive estate planning techniques.
What To Do If You Inherit An Annuity
Inheriting an annuity can be a blessing but it’s important to understand what your options are. An annuity is a financial product that provides a regular stream of income over a specified period or for the lifetime of the annuitant. If you have recently inherited an annuity, it’s important to be informed and take appropriate […]
Making Your Inheritance Last a Lifetime
Receiving an inheritance can create tremendous opportunities, but without a thoughtful plan, even a substantial windfall can disappear faster than expected. Learn five practical strategies to help preserve inherited wealth, avoid common mistakes, and build long-term financial security.
Your Estate Plan: Time for a Checkup
Your Estate Plan: Time for a Checkup COVID 19 has brought tragedy to many families and businesses and impacted personal finances. It has also rendered many an estate plan inaccurate and unrepresentative of current circumstances. If you, your family or your beneficiaries have been affected by the virus, you may need to review and make […]
Planning with a Living Trust
Adding a Personal Backup With a Living Trust The managers of well-run businesses usually name “backups” to keep things going smoothly — just in case. That’s also a smart plan for your personal finances, where you risk experiencing financial losses or other difficulties if you can’t make your own decisions because of a long illness […]
5 Things I Wish I Told My Dad
5 Things I Wish I Told My Dad In 2014 my father was diagnosed with Lewy Body Dementia which is the second most common type of dementia after Alzheimer’s disease. Little did my family know the difficult road that would lie ahead to provide my father with appropriate care as the disease continues to progress. […]