Using Flowcharts to Understand Your Current Estate Plan

Using Flowcharts to Understand Your Current Estate Plan

Estate planning can be complicated and morbid to talk about. As a result, it’s often one of those items that gets put off. But the pandemic has caused many of our clients to ask about their estate plan. An estate plan is a set of legal documents that lay out how to...
Confused about Medicare? Let’s Break it Down.

Confused about Medicare? Let’s Break it Down.

As you near retirement age, you’ll likely start to notice all of the advertisements, articles and discussions about Medicare that are out there. It can sound a lot like alphabet soup – Parts A, B, C, D, supplement, etc. And you’re probably asking: Which parts do I...
Apocalypse or a Hedge: Thoughts on Investing in Gold

Apocalypse or a Hedge: Thoughts on Investing in Gold

Why is it that every time the markets get rocky, people want to buy gold? I dug into this question recently, and here is what I have found. At the end of the day, people’s money worries are usually not just about the money. Money can stand in for protection and...
Another year of increasing Long-Term Care (LTC) Premiums?

Another year of increasing Long-Term Care (LTC) Premiums?

Several of our clients purchased long-term care (LTC) policies many years ago. For the clients who needed LTC policies, they’ve been a blessing. Our clients who need LTC get better care sooner if they have these policies in place. It makes sense—the policy is there...
Why Your College Refund Check May Be Taxable

Why Your College Refund Check May Be Taxable

Michael Bork, CFP® | Associate Advisor Amidst the widespread impacts of COVID-19, the mass closure of colleges, universities and private secondary schools may create some unexpected tax consequences for students and their parents after receiving partial refunds for...