I usually get calls and questions about 529 plans because of the television campaign run by the state. If you haven’t seen them, the advertisements feature adorable children imploring their parents and/or grandparents to use a 529 plan to help them pay for college. From a marketing standpoint it hits right at a long term […]
Category Archives: Questions and Answers
Many of my clients come in with questions about long term care insurance. It’s a popular planning tool recommended by many financial planners and estate planning attorneys to help offset the always rising costs of Nursing Home and other necessary care. Allow me to take you through the analysis given to my clients and perhaps […]
A popular question that I receive from those clients who I classify as the “foresight type” (my favorite clients by the way!) is about health care decisions, and whether they should prepare a healthcare proxy or a living will. The answer is always the same, and that is to completely retain as much control as possible […]
One of the most popular questions that I get asked during consultations is whether a client is “too young” to engage in Estate Planning. What makes this question most interesting is that it is asked by people of all ages. It’s not often that I receive the same question from someone who is 20 and someone […]