What’s the Difference Between Retirement Planning, Financial Planning, and Estate Planning?

Q. My wife and I are hoping to retire in 12 years. We have already done our estate planning but have been told by friends and relatives that we need to also do financial planning and retirement planning. Aren’t financial planning … [Read more...]

Family Feuding Over the Power of Attorney Decision

Maddie was asked by her mother to assume the role of agent under her Power of Attorney, entrusting her to act on her mother's behalf and to place her mother's interests ahead of her own when the time comes. Maddie lives the … [Read more...]

How Can You Reduce Your Capital Gains Taxes?

Diane, at age 80, resides in the home she has lived in for nearly 40 years. When she initially purchased the home after her husband’s death, it cost only $25,000 (and she since put in $45,000 in improvements); today it’s worth at … [Read more...]

Should You Talk About Death During the Holidays?

I saw the following quote on Facebook today, and it really resonated with me. It made me think about my own mortality and about my loved ones, who I will be seeing during the holidays: "None of us are getting out of here alive, … [Read more...]

Advance Directives for Dementia: Making Your Voice Heard When You Can No Longer Remember

Worldwide, around 50 million people have dementia, and there are nearly 10 million new cases every year. At that rate, in 2050, it is estimated that the number of people living with dementia will increase to more than 130 million. … [Read more...]

Passing Along Your Values Along with Your Valuables

Q. My wife and I are approaching retirement, and we are updating our estate planning documents. We read something about writing a legacy letter along with our estate planning, where we leave more than material things to our … [Read more...]

Why Am I Left in the Waiting Room?

Patricia Hardy Johnson was the mother of three daughters: Kathy Wolens, Deirdre Mistri, and Carol Alexander. Prior to her death, Patricia Johnson maintained several investment accounts with Citibank worth nearly $850,000 that were … [Read more...]

Estate Planning for the Modern Family

Q. My family is not what many would consider "ordinary." I am divorced and have been remarried for five years. I have a 40-year-old stepdaughter, a 25-year-old daughter, and a 10-year-old grandson, all of whom reside with us. My … [Read more...]

Spooky or Reassuring? Posthumous Messages from Loved Ones

Image from express.co.uk Imagine you had a letter from someone who was likely to pass away – could you resist reading it?  Morgan received a letter from her cancer-stricken brother-in-law, Jack, to be opened after his … [Read more...]

“Life Reimagined”- Guidance for Retirement Planning

Are you at a point in your life where you’re asking, “What’s next?” You’ve finished one chapter and you have yet to write the next one, and this one involves an empty nest, no more commuting to the office,  lots more time for … [Read more...]