Tag Archives for " Estate Planning "
Will SAFE Act Really Make Seniors Safe? Some Don’t Think So…
In an attempt to take a step toward countering some of the negative impact of elder financial abuse, the government recently passed the Senior Safe Act in May 2018, as part of a bipartisan banking reform set of laws.
Continue reading10 Reasons Why Estate Planning is Much More Than Reducing Your Taxes
One of the most common “myths” or “misunderstandings” about Estate Planning is that it is all about “reducing your taxes.” While this is certainly a significant benefit of proper planning, it isn’t the only thing…in fact, it’s only 1 of MANY benefits you will gain from proper estate planning.Taxes are important…but not the only thingWhen […]
Continue readingCohousing May Be the Answer for Many “Golden Girls” and Guys
Here’s one answer to the “Where to go next?” question being asked by those inching toward retirement, or those looking to escape the increasing cost of Seattle living and combine resources with a like-minded community.
Continue reading9 “Hidden” Costs You Should Be Aware of Before Starting Retirement
If you’ve faithfully set aside money for retirement over the years, it pays to sit down and review your finances before you leave your job. You may be surprised to see that your budget has been drained by fees, including service and management fees tied to your retirement accounts.
Continue readingYou’ve Got Enough…Now How Can You Give the Rest Away?
Even if you’re not a millionaire, you may have reached a stage where you think, It’s enough. It could even be a bit too much. A second car may sit mostly in your garage. A beloved vacation home may have transformed from a place to relax to a place to maintain.
Continue readingWhy are We so Fascinated with Anthony Bourdain’s Estate Plan?
Ever since his untimely death, the press and the public hasn’t been able to get enough of Anthony Bourdain. His name caused another commotion this week, when his will was probated in New York.
Continue readingShould You Transfer the House to Your Kids to Qualify for Medicaid or VA Benefits?
One of the most common questions we get from clients is about transferring house ownership. They want to know whether they should transfer the ownership of their house to their children. The obvious reason for transferring their house is to move a significant asset out of their estate to their kids. This might lower their […]
Continue readingPotluck Dinners with a Side Dish of Funeral Planning
Every month or so, 49-year-old Amy Pickard hosts a potluck gathering at her apartment. They’ve been described as death Tupperware parties,’ she explains.
Continue readingThe Biggest Estate Planning Challenge You Will Face is Your Family!
When the topic of estate planning comes up, talk about taxes is soon to follow. That train is rarely late. Taxes are important, but they aren’t what keeps planners up at night in 2018.
Continue readingDo You Know What Digital Assets You Have?
It is important to include your digital assets in your estate plan. However, you need to know what they are.
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