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Building a spousal lifetime access trust

Building a spousal lifetime access trust

by | Jan 12, 2022 | Estate Planning

Let’s discuss Spousal Lifetime Access Trusts, otherwise known as SLATs. Establishing one can be complex and designing one to meet your particular needs will most certainly require an estate planning expert, but doing so could be quite beneficial for your financial...
The importance of beneficiary designations

The importance of beneficiary designations

by | Dec 15, 2021 | Estate Planning

Too often, people believe their wills will solely determine who receives their assets. While this is true for “probate assets,” which are assets that are usually owned solely in a person’s name, it is not the case for multiple non-probate assets, which are assets that...
Choosing the best annuities

Choosing the best annuities

by | Dec 2, 2021 | Retirement

Annuities are often a popular investment vehicle to supplement retirees’ Social Security benefits, guaranteeing a lifetime income stream. Considering that only about 35 percent of retirees have a pension, having an annuity can provide a sense of security and...
Understanding 529 Plans

Understanding 529 Plans

by | Nov 15, 2021 | Saving for College

While 529 College Plans have been around for more than two decades, helping people save for their children’s tuition, it’s less well-known that the plans can be used for sidestepping certain taxes. First off, let’s explain just what a 529 plan is and who can open one....