Wealth Management Planning
Financial Planning Blog

Will Your Digital Assets Be Lost In Cyberspace?

What value would you place on your digital assets? This is probably a question you have never even pondered, but with the use of digital storage and online communication growing, planning for your digital assets is becoming increasingly important. A 2011 study conducted by McAfee indicated that the [...]

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Sorting Through Social Security

As a financial planner I receive more than 50 email newsletters per week covering a variety of financial topics. It is rare that a week will go by and I do not receive at least one email regarding the complexities of Social Security claiming strategies. In my mind this reflects two significant facts[...]

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Warning Signs

Have you ever searched your entire house two or three times looking for your car keys only to find you had already put them in your pocket? Do you have trouble remembering names, faces, or what you ate for dinner the night before? Has a previously routine task suddenly become more difficult to maste[...]

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Is a Roth Conversion Right for You?

According to data recently released by the Internal Revenue Service, conversions from traditional IRAs to Roth IRAs increased from $6.8 billion in 2009 to $64.8 billion in 2010. This was due in large part to a 2006 tax law that called for the removal in 2010 of the $100,000 income limit on Roth conv[...]

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Time for a Check Up!

The beginning of a new year is as good of a time as any to assess the state of your financial affairs – particularly your financial documents – to ensure they remain consistent with your goals and with ever-changing tax laws and estate planning regulations. Most of these documents are meant to a[...]

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2014 Tax Data

Happy New Year everyone! With the start of a new tax year upon us, I thought this would be a good time to take a look at some key financial data for 2014. Last January we were scrambling to understand and summarize the impact of the American Taxpayers Relief Act (ATRA) which was approved by Congr[...]

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College Costs and Savings Vehicles

Every October the College Board releases its Trends in College Pricing report which focuses on college cost increases for the current academic year along with trends associated with those costs. I thought this would be a good time to share some of the pricing trends and describe the options availabl[...]

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What You Need to Know for Long Term Care Planning

Recent research suggests that at least 70% of people currently over the age of 65 will require long-term care (LTC) services and support at some point in their lifetime.1 LTC is typically needed when you are unable to carry out any or all of the following Activities of Daily Living: bathing, contine[...]

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Advance Health Care Directives

I recently learned that April is Parkinson’s Awareness Month. As many of us know, Parkinson’s disease (PD) is a progressive disorder of the nervous system that affects one’s movement. According to the Parkinson’s Disease Foundation, an estimated seven to 10 million people worldwide live with[...]

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Identity Theft

We have all heard stories about it and hoped that we would not be the next victim. Many of us even have friends or family members who have been impacted by this serious crime. Although it happens to hundreds if not thousands of people each day and more than a million people each year, we continue te[...]

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