Month: June 2016

Preparing for the Unexpected

Posted by wpengine on June 30, 2016 with 0 Comment

Unexpected circumstances can happen, so don't put off writing your will.

Estate Planning Mistake No. 122: Neglecting Beneficiary Designations

Posted by wpengine on June 29, 2016 with 0 Comment

Nerd Wallet, in "Avoid This Estate Planning Mistake," reminds us that many assets have their own beneficiary designations, including retirement plans like 401(k)s, 403(b)s, pensions, IRAs, annuities and life insurance plans.

Many folks don't check them. They thin...

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Make Sure the Kids Don’t Blow Their Inheritance

Posted by wpengine on June 28, 2016 with 0 Comment

A couple with four children may want to split their estate four ways when they pass away. However, what do they do if two of their children never grew up and would spend their legacy on extravagances and questionably needy friends?

A recent New Jersey 101.5 article, "How to plan for s...

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Hedge Your Bets with Long-Term Health Care Planning

Posted by wpengine on June 27, 2016 with 0 Comment

Long-term care planning is something most Americans fail to do for themselves or for their loved ones. This can put adult children in a position of feeling helpless and lost when the time comes to make arrangements for their parents' care.

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The 411 on Health Savings Account Rollovers

Posted by wpengine on June 24, 2016 with 0 Comment

Kiplinger's recent article, "Rolling over Retirement Savings to a Health Savings Account," advises that you can make a tax-free rollover into an HSA (health savings account) from an IRA—but not from a 401(k), 457, or ot...

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