Lee Rosenberg, CFP |
June 22nd, 2009
Overeating isn’t the only cause of acid indigestion during this start of the holiday season. The other reas
on is that investors are examining their year-end statements and seeing the dramatic decline in value in just the past twelve months. This is especially true of those with IRAs and it raises many questions. Should they change the asset allocations? Continue to make contributions? What about switching to a Roth IRA?
Lee Rosenberg, CFP |
April 22nd, 2009
Most people understand the importance of writing a will and buying enough life insurance to protect family from serious financial hardship upon their death. But one of the most overlooked aspects of financial planning is naming the beneficiaries for ones overall assets and investments, and keeping that list current.
Recently we worked with a client who had named her husband as primary beneficiary on her IRA many years ago, but failed to update the account, even after he was admitted to a nursing home. Had we not recommended that she change the beneficiary to list her children, this would not have been on her radar
