Protecting Elderly Parents with Estate Planning

Estate planning should be a part of any family’s plan to protect elderly parents, to help manage finances, to protect wealth, and to provide essential care.

Death and Taxes: Estate Planning

Proper estate planning distributes your assets when you pass away, minimizes taxes for your heirs, and provides contingencies if you’re sick or incapacitated. Find out more.

What If…?

It’s a difficult discussion to have, but it’s absolutely necessary: Life insurance and appropriate estate planning can be crucial to a family’s financial future.

It’s Not Just Your Kids Who Need Help

We have written a few articles recently about parents trying to help their children become financially responsible adults. We’ve talked about young kids, high school-age kids, even young adults. And although many parents are vigilant about their kids’ financial future simply because they love them and want them to be successful, deep down we all […]

Should You Spend Money? Keep Perspective

I’ve spent a lot time over our four years together, writing this column, talking about saving for the future. I have covered topics such as budgeting, stashing money away for an emergency fund, contributing to retirement plans, investment strategies and the importance of downside risk management, estate planning, ensuring we have enough money to retire, […]

Bringing Peace Of Mind To Your Future Health Care

When I was a little boy, my mother used to joke about wearing a “little black pill” around her neck when she got older, so that when she couldn’t care for herself any longer, she could take the pill and slip away peacefully into the night. She would always say to my brother, sister and […]

Trust As Beneficiary Of An IRA? Let’s Take A Look.

Last week, a very nice man from Orleans came to see me; let’s call him David. David is 72 and has been married to his wife, Judy, for 52 years. They have three children and seven grandchildren. David took a class that Susan and I teach at Cape Cod Community College on building retirement systems […]

Serving As Personal Representative? Make Sure You Know The Role

Growing up, my grandmother always taught me to not discuss money, politics or religion in any polite or casual conversation. These days that can be challenging. Having been in private practice for all of these years, I have noticed there’s another topic people avoid talking about even more strongly: death. It’s inevitable, but we all […]

The Final Plan–Thinking About The Unthinkable

Last week, Jeff wrote about two common concerns that retirees have: running out of money and paying for long-term care. As he explained, there are things you can do to alleviate those concerns. And, as we often say, having a plan in place is imperative to a successful retirement. Well, just as it is important […]

Rising Interest Rates Reaching Beyond The Grave

Last week I wrote about how the Federal Reserve (the Fed) finally raised interest rates after promising to do so for over a year. I explained how this could impact average Americans, their retirement and their wealth with such things as loans, mortgages, savings accounts and other financial tools relied on by many. But what […]