by Barry L. Gardiner | Nov 20, 2019 | Estate Planning
Estate planning is the act of preparing for the transfer of a person’s wealth and assets after his or her death.Source: Estate Planning Definition & Example | InvestingAnswers.com
by Barry L. Gardiner | Nov 12, 2019 | Estate Planning
Saving for retirement is an important endeavor that you should plan carefully. According the United States Department of Labor, more than 50 percent of Americans fail to calculate the amount needed for retirement. Several rules of thumb exist for retirement savings....
by Barry L. Gardiner | Nov 4, 2019 | Estate Planning
For once, the tax code actually helps you the way it should. Get saving ASAP — it’ll pay off sooner than you think.Source: Saving for Retirement Now Can Save You Money in April | Sapling.com
by Barry L. Gardiner | Oct 29, 2019 | Estate Planning
Financial advisors often start off their conversations with clients by taking stock of their current financial situation. Their debts, their spending habits, their budgeting skills and so on. That’s good information for grounding expectations, but it leads...
by Barry L. Gardiner | Oct 23, 2019 | Estate Planning
Why do you need an estate plan? These five reasons go into detail regarding the benefits of meeting with an estate attorney to create an estate plan.Source: 5 Reasons You Need an Estate Plan | The Balance
by Barry L. Gardiner | Oct 15, 2019 | Estate Planning, Trusts, Wills
Why You Need a Will or Living Trust Document If you die intestate (without a will), the laws of your state determine what happens to your assets and your minor children. So unless you have an inordinate amount of faith in your beloved state legislature, you need a...
by Barry L. Gardiner | Oct 8, 2019 | Estate Planning
It’s never too early to start. Your first step: Take stock of all your assets. These include your investments, retirement accounts, insurance policies, real estate, business interests and valuable items – in financial or emotional terms – such as...
by Barry L. Gardiner | Oct 2, 2019 | Estate Planning
You may be a do-it-yourselfer when it comes to other aspects of your financial life, but estate planning is one area where it’s smart to get professional help. Among other things, the process can entail preparing a will, creating trusts, naming beneficiaries for...
by Barry L. Gardiner | Sep 26, 2019 | Trusts
In the past, trusts often were drafted with little flexibility. Now, more and more, trusts tend to be drafted with increased flexibility and there are even ways to change trusts which have become “irrevocable.” There are several ways to modify a trust, including by a...
by Barry L. Gardiner | Sep 19, 2019 | Estate Planning
I think the advent of tax prep software has dulled the edge of many advisors, who may myopically follow the bouncing software ball instead of actually thinking about what’s happening.Source: Strategic Tax Planning For Powerful Tax Savings | Forbes
