» Retirement Planning

Baby Boomers' Retirement Mistakes

If you want to leave an inheritance for your children and grandchildren, it is important to make sure that your assets are not all spent in your retirement. That requires good retirement planning. Unfortunately, Baby Boomers are collectively making a… Read More
Read More

One More Scary Halloween Story!

A Halloween riddle for you: What's scarier than ghosts and goblins to Americans 50 and older? Answer: Their finances. That's the upshot of the latest Country Financial Security Index, and two other surveys I've seen lately back it up.… Read More
Read More

Making Charitable Contributions Work

While you're alive and have philanthropic goals, give appreciated assets held in a taxable account to charity. For charitable bequests, designate your IRA or tax-deferred employer retirement plan. Why? Suppose a hypothetical Al Cole wants to giv… Read More
Read More

Can I Survive Financially if I Live to be 100?

How long will you live? It’s a key question in retirement planning. If you’re healthy and your family tree has branches with staying power, you may figure that you have decades ahead. If your parents died early of natural causes, you may assume a… Read More
Read More

“Estate Planner” Scams Customers with Turkish Bond Investment

A Naperville businessman was sentenced recently to seven years in federal prison and ordered to pay more than $3.3 million in restitution for conning clients into investing in nonexistent Turkish bonds as part of an elaborate, $28 million Ponzi schem… Read More
Read More

How Hard Is Your Money Working?

Your money should always work for you, but when you're retired, it needs to work even harder. Help safeguard your retirement by placing demands on your hard-earned cash. A recent article published in MoneyWatch, “Seven demands retirees should… Read More
Read More

Answers to Questions about Medicare and Medicaid

One adult son talks about his mother-in-law's well-being: She is elderly, lives alone, experiences symptoms of dementia, and doesn't accept help easily. She refuses to have strangers in the house. She has lost all effort to cook, but she wi… Read More
Read More

An Estate Planning Tool Disguised in Retirement – The Roth IRA

Seniors who convert a regular IRA into a Roth account can reduce their estate taxes and eliminate the income tax their heirs would otherwise have to pay on withdrawals taken from an inherited regular IRA. Even though a tool may not originally be desi… Read More
Read More

Planning for Retirement Starts at Home in Ann Arbor

An AARP survey found that more than 80 percent of us want tostay in our homes as we grow old. And as boomers go, so goes the remodelingindustry.     These days, preparing for retirement doesn’t just mean stabilizingyour finances, pre… Read More
Read More

The Reverse Mortgage Loan – Going Once, Going Twice in Ann Arbor…

The federal government is proposing to make big changes to its reverse mortgageprogram early next year that should make the (reverse mortgage) loans safer forseniors who use them to tap home equity.     In a response to the speculative… Read More
Read More

DocuBank Portal

Submit to Schedule an Estate Planning Consultation