A Retirement Story: Estate Planning

Brian Fricke, CFP®Estate Planning, Retirement, Retirement Planning

Estate planning is a large part of preparing for your financial future and legacy. But, in truth, it’s complicated, and if you don’t work with professionals you may miss a small detail that has big implications later on for yourself or your family. Take this story, for example, which illustrates how leaving your family an inheritance can quickly turn into … Read More

Determining the Right Trustee for Your Trust

Brian Fricke, CFP®Estate Planning, Retirement Planning

Designating trustees depends on how the assets of your estate will be distributed. The trustee’s job is simply to determine and inventory all the assets and distribute them according to the terms of your trust and/or will. The trustee could delegate this responsibility, which I highly recommend, to your attorney, financial advisor and perhaps accountant. Their involvement would then be … Read More

Step-by-Step Estate Planning

Brian Fricke, CFP®Asset Protection, Estate Planning

We have worked closely with estate planning attorneys over the years in helping folks meet their estate planning goals. Here is great advice we hear all the time from top estate planning attorneys: No matter your age, the state of your health or the size of your portfolio, every adult has to address the problem of estate planning. There’s no … Read More

A Retirement Story: The Biggest Money Mistake That Couples Make

Brian Fricke, CFP®Retirement Planning

Many spouses assume certain roles when it comes to finances. One person tends to make more of the financial decisions themselves, while excluding their spouse from the process; sometimes even keeping important information from their family. This story, from Brian Fricke, shares how falling into those roles and habits can be a big money mistake later on:   Mary, a … Read More