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Before Naming a Trustee, Make Sure They Know What to Expect

Have you gone through the process of naming a trustee to take over a family trust after you’ve passed away? If you answer “yes,” that’s a good first step. But here’s an important follow-up query: does the trustee you’ve selected know that he or she is about to assume a potentially huge responsibility? If you … Read more

For Security Plus Protection, a Life Insurance Retirement Plan is Worth Considering

Many people think of “retirement savings” and “life insurance” as two completely separate things – but that’s probably because they’ve never heard of a financial strategy called a life insurance retirement plan. Abbreviated “LIRP,” a life insurance retirement plan can offer a solid combination of benefits: secure savings plus the protection for your loved ones … Read more

Changing Medicare Coverage Outside Open Enrollment Possible Under Special Circumstances

Changing Medicare coverage is a tricky business. Officially, the rules say that, once open enrollment is over, that’s it – you’ve made your choice for the coming year. Sure, there’s a do-over period for the Medicare Advantage folks during the first quarter each year, but otherwise it’s settled. You’re effectively locked in to the plan … Read more

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