3 Popular Retirement Planning Loopholes That May Be Closed

Advisers have plenty of tricks and techniques to help clients maximize retirement savings and income, and minimize taxes. Many are considered “loopholes” in existing laws that advisers and their clients exploit to great advantage. Unfortunately, when use of these loopholes becomes too widespread, the government steps in to close them. This may happen soon to […]

My Siblings And I Inherited Our Dad’s IRA, Now What?

A prospective client contact me regarding the disposition of an IRA account he and his siblings inherited from their father. They wanted to know what had to be done now that they were to receive the IRA funds. Many people will name multiple beneficiaries to an IRA or other retirement account. They’ll do this when […]

Is MyDirectives The Next Big Thing In Medical Directive Planning?

“MyDirectives,” a service of ADVault, Inc., is touted as the first entirely online advance medical care planning service available to consumers to voice record and store advance directives for medical care so that medical professionals can not only read, but also hear your instructions and wishes concerning medical care and treatment in your own voice […]

Estate Planning Isn’t Just For Married People

The majority of my estate planning clients are married couples. For them, it just seems the natural thing to do. However, estate planning for singles is just as important. While a single person may have to do some things differently, they still need to have an estate plan to avoid problems that will naturally arise […]

My Divorce Judgment Says My Ex Has to Pay a Joint Credit Card Debt, Why is the Bank Coming After Me?

I get calls from people who are being sued by banks or other creditors for joint debts that their ex spouse agreed to pay as part of their divorce. The question they ask: “If the divorce judgment says my ex is supposed to pay this debt, why is the bank coming after me?” They assume […]