Caleb, Garrett, and Rob Hike up to the Wind Cave at Usury Pass and offer some useful planning/hiking metaphors…
Common Question: What Is A Tetrant?
One of the most common questions I get when meeting with people is “What is a Tetrant?” Check out the latest video to learn more!
Nearly every consultation I do starts or ends with the question - What is a Tetrant? Technically, it is "one of the four equal parts into which the area of a circle is divided by two diameters drawn at right angles to each other."* For me it has become so much more - it is the structure I use when helping clients get their estate and financial planning in order.
Hiring An Estate Planner - 3 Critical Components To Consider
Hiring an estate planner can be a daunting task… Here are a few things to consider as you start the process of figuring out who to hire.
There are three key components you need to make sure you have when deciding on someone to help you with your estate plan. Are they acting in a fiduciary capacity? Are they qualified to give legal advice? Do they know how to coordinate all aspects of your estate and financial plan?
TUESDAY TIP
LEAVING A LEGACY PLAN
Two things are certain: death and taxes. Some of us grasp that reality early, so we create wills, living trusts and estate plans. Others deny this reality and leave their heirs with perplexing questions, added stress and even anger when they pass away.The truly farsighted among us opt for a full-fledged legacy plan.
The Importance of TOD & JTWROS Designations
TOD, JTWROS...what do these obscure acronyms signify? They are shorthand for transfer on death and joint tenancy with right of survivorship – two designations that permit automatic transfer of bank or investment accounts from a deceased spouse to a surviving spouse.
WHO IS YOUR IRA BENEFICIARY?
Do you have an IRA or a 401(k)? You probably do. You may have both of these retirement savings accounts in your portfolio, or accounts that are similar.While IRAs and 401(k)s are commonplace, many IRA owners and 401(k) plan participants have a hard time answering a common question. They aren’t sure who they have named as the account beneficiary.
A CAREGIVER’S FINANCIAL RESPONSIBILITIES
A labor of love may come to involve money issues. Providing eldercare to a parent, grandparent or relative is one of the noblest things you can do. It is a great responsibility, and over time it may also lead you and your family to reflect on some financial responsibilities.
THE FINE ART OF FLEXIBLE ESTATE PLANNING
Estate planning professionals often contend with ambiguities. A plan may need to be modified in the future when some development in family life occurs – and there are some estate planning tools that may help to provide that kind of flexibility.
ESTATE PLANNING AFTER A SECOND MARRIAGE
Marrying again makes estate planning more involved. How do you provide for everyone you love? Should you provide for everyone you love? How do you arrange to transfer wealth in a way that won’t hurt the feelings of certain heirs?