Beneficiary Mistakes to Avoid – Annapolis and Towson Planning
Before making a decision on a beneficiary, it's very important to check your state laws. Some states have different rules on who you can name as a beneficiary.
How Do I Handle Debt in Retirement? – Annapolis and Towson Estate Planning
Rising interest rates may be nice for boosting savings accounts, but they’re unkind to credit card balances. Older Americans, especially those on a fixed budget, should beware.
Is Your Business Included in Estate Plan? – Annapolis and Towson Estate Planning
When you own or operate a business, ensuring that this plan accounts for the future of the business is critical.
What Factors Impact Social Security Check? – Annapolis and Towson Estate Planning
How much money will be in your Social Security retirement check and how much can you keep? For retirees, these are burning questions.
Can a Trust Be Created to Protect a Pet? – Annapolis and Towson Estate Planning
With the largest spike in mortality in the United States in a century, following the onset of the pandemic, providing for one’s pets after death has become a growing topic of conversation for many animal lovers across the country.
What Penalties Hurt Retirement Accounts? – Annapolis and Towson Estate Planning
The following are penalties to avoid at all costs when contributing to or withdrawing from retirement accounts.
Can I Retire in a Bear Market? – Annapolis and Towson Estate Planning
It is a longtime investor’s worst fear: retiring into a bear market. A downturn in stocks can be a blessing in disguise when you are still working and saving for retirement, because you are able to buy shares ‘on sale.’
What’s the Most Important Step in Farm Succession? – Annapolis and Towson Estate Planning
Succession and estate planning is difficult and time-consuming. However, it is also a key step for a business that can grow into the future.
Will Inflation Have Impact on My Retirement? – Annapolis and Towson Estate Planning
Inflation hurts everyone. It seems to reach every sector, product and business in one way or another, whether it raises the cost of heating your home, lunches or road trips. However, if you’re a retiree, you may be particularly worried about inflation because your spending habits and income sources might be disproportionately exposed to inflation.
Should I Update My Estate Plan? – Annapolis and Towson Estate Planning
Your estate plan should certainly be revised, if you have gotten married or divorced.