Inherited 401(k)s and IRAs: A General Guide
Inherited 401(k)s and IRAs: A General Guide Presented by Marc Aarons Recently, I’ve had several clients reach out, unsure of what steps they need to take with a recently inherited 401(k) or IRA. It can be a difficult process to navigate, especially since a retirement account is usually inherited after losing someone special. With that […]
The 4 Pillars of Estate Planning
The 4 Pillars of Estate Planning Presented by Marc Aarons I wanted to quickly touch base with you regarding your estate planning, which is easy to overlook but incredibly important. While an estate attorney should be your primary resource on this topic, I see these oversights financially impact my clients so often that I […]
Managing Probate When Setting Up Your Estate
Managing Probate When Setting Up Your Estate What can you do to help your heirs? Provided by Marc Aarons The probate process can be expensive for some estates. Settling an estate through probate can cost you both time and money. It could take up to a year for the estate to be settled, plus attorney’s […]
What Happens When There Are No Beneficiaries
What Happens When There Are No Beneficiaries Where do those accounts and policies end up? Provided by Marc Aarons Some accounts have no designated beneficiary. Rarely, the same thing occurs with insurance policies. This is usually an oversight. In exceptional circumstances, it is a choice. What happens to these accounts and policies when the original […]
Couples Retiring on the Same Page
Couples Retiring on the Same Page Agreeing about what you want from retirement is crucial. Provided by Marc Aarons What does a good retirement look like to you? Does it resemble the retirement that your spouse or partner has in mind? It is at least roughly similar? The Social Security Administration currently projects […]
Major Risks to Family Wealth
Major Risks to Family Wealth Protect your family assets for future generations. Provided by Marc Aarons All too often, family wealth fails to last. One generation builds a business—or even a fortune— lost in the ensuing decades. Why does it happen, again and again? Often, families fall prey to serious money blunders, making classic […]
When a Family Member Dies
A financial checklist for the most difficult of times. Provided by Marc Aarons at Money Managers, Inc. The passing of a loved one irrevocably alters family life. After a death, there is so much to attend to; it is better to do it sooner rather than later. Here, then, is a list of what commonly […]