It wouldn’t be a lot of fun to run out of money.
What is the number one concern about retirement? Running out of cash is the answer. However, there are steps that can be taken to reduce the chances,...
Estate Planning Blog – Surprenant, Beneski & Nunes
Estate Planning Benefits You and Your Family
Where do you want your assets to go, when you think of your loved ones?
Estate planning can be a comfort to you but is also a gift of peace of mind to your family and may be a...
Beware the Common Mistakes Others Have Made
The estate plan is a major tool to protect your family.
Okay, you now have an estate plan. What’s the biggest mistake you can make? Not updating the plan as the years go by and life changes occur, according...
Saving for College Education? Trusts, 529 Accounts or Both?
You have options, when it comes to saving for those tuition bills.
What is the best way for one generation to save for the next generation to be funded for a college education? There are a number of ways...
Banks have New Weapon in Fight against Elder Financial Abuse
Early signs of the loss of a customer’s mental agility may be recognized by banking personnel.
New federal legislation gives banks and financial institutions new tools to join in the efforts to halt the ever-growing problem of elder financial...
Hold Accounts Jointly with Your Child? Give It Careful Consideration
Joint accounts can sometimes be a problem for your estate.
Making all of your accounts as Transfer on Death (TOD) or Payable on Death (POD) to avoid probate, sounds like a simple solution in avoiding probate. However, sometimes it...
What Do You Really Know about Social Security Benefits?
It is your future and your money. Learn everything you can about the program.
Social Security is an entitlement and you have worked long and hard for it. It would be best to take the time to investigate what...
Only One of You Involved in the Finances?
There are ways to make both members of the couple knowledgeable about finances.
There can be a high cost to the surviving member of a couple, if the member who passed away was the person who handled all of...
Have You Considered an Exit Plan?
You can eliminate stress and expense, as well as save your loved ones a lot of trouble.
If you don’t make some decisions on what you would like to happen with your assets when you are gone, it is...
When Should a Special Needs Trust Be Updated? by Attorney Daniel M. Surprenant
Special needs trusts (SNTs) are financial instruments designed to enhance quality of life for individuals with disabilities by supplementing the government benefits available to them. Assets held in SNTs aren’t counted when determining an individual’s eligibility for means-tested public programs such as...