Many people wait too long to create advance health directives and designate a health care surrogate, and the results can be tragic. A recent article, by a physician who is also a financial planner, illustrates a not-uncommon situation that nobody wants to find themselves in. The story begins with a woman suddenly becoming acutely […]
Here’s a question that a lot of older Americans ask themselves from time to time: I’m over age 65. Can I still make a contribution to an IRA or a Roth IRA? Can I reinvest some or all of my required minimum distribution in an IRA or a Roth IRA? The answer, generally, is that […]
The period between Thanksgiving and the end-of-year holiday season would seen like a sleepy time for financial planners, but in fact it is anything but. You might be surprised at how much activity takes place on behalf of you and your investments in the final month of the year. For instance? Even though this has […]
Friday, June 9 quietly marked/will mark an historic day in the financial services world. On that date, all financial advisors will be required to forego any sales agenda and give advice that would benefit their clients or customers—or, if they decide otherwise, to explain how and why they intend to give advice that instead primarily […]
Errors and Omissions Insurance Errors and Omissions (E&O) insurance has many names. For some healthcare professionals, it’s called malpractice insurance. For lawyers, it may be called professional liability insurance. Whatever name it goes by, E&O insurance is designed to protect you or your company from potential financial damages that may arise from a client holding […]
Several years ago, Jack’s father died. Jack grieved not only for his father’s passing, but also for his widowed mother who had been married to Jack’s father for 35 years. In due course, Jack’s mother remarried. However, when she eventually passed away, Jack suffered a double loss: Jack not only lost his mother, but also […]
