When you visit a Ford dealership and look at cars, do you ever expect the new car advisor to suggest that a Toyota might better meet your needs? No. Everybody knows that the “advisors” at a car dealership work for the dealer and are trying to help you buy one of the cars the dealer …
estate planning
How Long Will Retirement Savings Last?
If you are 56 today, you will likely live to age 86, according to the Social Security Administration life expectancy calculator. That is an average, so half my readers will live longer than age 86. How can you be sure that you have enough saved at retirement to last as long as you do? It’s a …
Should You Provide A Gift to Your Tenant From an Estate Plan?
If the land that you own has had a consistent tenant year after year performing operations such as farm work or running a business, chances are that you probably have a close relationship. When reviewing your estate plan, the question becomes whether or not you should include a monetary gift to your tenant. Whether it is a few thousand dollars or a few hundred thousand dollars, this is a decision that should be thoroughly thought through. Working with a financial expert that specializes in estate planning is your best bet to ensure that all parties involved are treated well. A financial advisor can walk through the goals that you have in place for your estate plan and help to make sure that those goals are achieved. Read Full Article
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3 Questions Regarding Your Estate Plan
With so much going on in our daily lives, it is difficult to keep up with things like your estate plan. However, if you sit down and think about it, staying up to date with your estate plan should actually be a top priority. Rather than spending time in front of the television or at the nearby bar, consider designating time to update your estate plan. If you don’t know where to even begin when it comes to evaluating your existing estate plan, don’t hesitate to contact our dedicated team at Dunncreek Advisors. While there are a lot of things to consider, you want to make sure that certain questions are addressed during the review of your estate plan. Read Full Article
Questions to Ponder Regarding Your Estate Plan
When is the last time you reviewed your estate plan? If it has been any longer than about 3 years ago, it is time for you to dust off the cobwebs and evaluate your existing estate plan. Although it is easy to forget about your estate plan, the last thing that you want is for your estate plan to be outdated if something was to unexpectedly happen to you. When it comes to evaluating your estate plan, it never hurts to have experienced and professional estate planning guidance on your side. By partnering with our staff at Dunncreek Advisors, that is exactly what you get! If you are in the middle of reviewing your existing estate plan, we have a couple of questions for you to ponder. Read Full Article
Preventing a Family Feud Financially
The passing of a close family member is never easy. While our focus should be on the enjoyable memories that we had with our loved one, our mind often gets overwhelmed as one deals with a loved one’s estate. The best way to prevent a family feud financially after a loved one’s death is to begin the process now and take the necessary steps to prepare through estate planning. Our team at Dunncreek Advisors is here to help you every step of the way.Read Full Article