The Roles Life Insurance and Retirement Account Beneficiary Designations Play in Your State Plan

By : | Category : administration, Beneficiaries, estate plan, Life Insurance, Retirement | Comments Off on The Roles Life Insurance and Retirement Account Beneficiary Designations Play in Your State Plan

2nd Feb 2017

Ensuring that all your designated beneficiary details information is complete and accurate is one of the most commonly overlooked details of a comparative estate plan. It is critical that this improvement is as accurate and up-to-date as possible as this … more

28th May 2014

Presented by Estate Planning Lawyer, Dwight Edward Tompkins, Orange, CA.

29th May 2013

According to a recent survey, the average American worker spends approximately $2,000 a year eating out for lunch, instead of bringing a brown bag lunch from home. If you put your lunch money to work in investing,  you will significantly … more

30th Apr 2013

Side by side with estate planning is retirement planning.  Here are some important things to know: 1.  Outline your retirement goals.    2.  Know key dates.  For example, there is a 7 month window for enrolling in Medicare beginning 3 … more

29th Apr 2013

The terms “heir” and “beneficiary” are often used interchangeably by many people and I do so as well from time to time. However, there is an important difference between an “heir” and a “beneficiary”. An “heir” is someone who has … more

1st Oct 2011

24th Apr 2011

Last year, a lawyers group, Wealth Counsel, conducted a survey of estate planning lawyers from all over the US.  I participated in the survey. 63% said they opposed repealing the estate tax.  32% said they supported taxing “beneficiaries who did … more

10 PHONE CALLS TO MAKE AFTER THE DEATH OF A LOVED ONE

By : | Category : Attorneys, banks, Beneficiaries, Estate Planning, Family Trusts, IRAs, Orange County, Retirement, Trustees | Comments Off on 10 PHONE CALLS TO MAKE AFTER THE DEATH OF A LOVED ONE

20th Apr 2011

When a family member passes away, there are several phone calls to make.  In each case, follow-up calls, meetings, and paperwork will probably be required. Also, the order of the calls may be different depending on the circumstances; however, the … more

20th Jul 2010

Yankee’s owner, George Steinbrenner died on July 13, 2010 leaving his family an estimated $1.1 Billion Estate! And, under the current 2010 tax law, his estate will pay NO ESTATE TAXES? That’s right!   Congress and the President have not … more

7th Apr 2010

Funding a living trust or family trust is a critical step in achieving the goals of the trust estate plan. Failure to properly fund a trust will result in an overall failure of  the trust itself to carry out its … more