Did you know that if your Will says to divide your estate between all 5 children, but your bank account names one child as a joint owner or beneficiary, the bank account will not be equally divided between all 5 children? Tom explains why you need to...

Millions of people 65 or older will soon get new Medicare cards to prevent identity theft…and the scammers are out to get you before your card arrives.

In today’s episode Tom discusses a little know tax strategy where rolling money from a traditional IRA into an HSA turns tax-deferred dollars into tax-free withdrawals for medical benefits

In this archived episode Tom discusses how you might be able to use money that you have saved in an IRA to purchase a new home, without incurring the 10% early withdrawal penalty.

In this archived episode, Tom talks about what you should consider if you are thinking about naming multiple children as trustees, personal representatives, or agents under powers of attorney.

Enjoy this archived episode when Tom talks about when various estate planning documents (i.e. Will, Trust, Power of Attorney, HealthCare Power of Attorney) become effective, and when the fiduciaries (i.e. Personal Representative, Trustee, Attorney in...

Want to know if your Trust should be the beneficiary of your life insurance policies? Listen to today's episode to find out.

Over the 6 episodes that began January 23 I have been discussing how to avoid the six most common estate planning mistakes. In Today’s episode I talk about mistake #6 - thinking that my estate planning can wait.

Over the 6 episodes beginning January 23 I am discussing how to avoid the six most common estate planning mistakes. In today's episode, I talk about the importance of using a Durable Power of Attorney and a Health Care Power of Attorney to plan for...

Over the 6 episodes beginning January 23 I am discussing how to avoid the six most common estate planning mistakes. In today's episode, I talk about how failing to fund your living trust can cause your estate to have to go through probate.

Over the 6 episodes beginning January 23 Tom discusses how to avoid the six most common estate planning mistakes. In this episode Tom discusses why a Will does not avoid probate.

In this 2nd episode of Tom's 6-part series "How to Avoid the Six Most Common Estate Planning Mistakes", Tom discusses the problem of having parts without a plan.

Over the next 6 episodes Tom discusses how to avoid the six most common estate planning mistakes. In each episode Tom will cover 1 of the mistakes, beginning today with the mistake that is made by 80% of people.

Tom discusses the six most common mistakes that people make when administrating or settling an estate, and provides tips on how to avoid them.

Tom discusses how under the Tax Cuts and Jobs Act just signed by President Trump, some things change, and some things remain the same, relative to estate and gift taxes. Including how much you can give someone gift tax free during 2018.

Tom discusses what Santa needs to know about taxes due on the gifts he leaves under your Christmas tree.

Tom explains why using a 529 Plan can be a great way to pay for the costs of college education for children or grandchildren.

In today’s episode, Tom tells you how to check your Social Security Earnings record to be sure that you will receive the full retirement benefit that you are entitled to.

Tom discusses the importance of digital estate planning, and how to arrange for your executor to access all of your online accounts and information.

In this archived episode, Tom discusses how you might be able to use money that you have saved in an IRA to purchase a new home, without incurring the 10% early withdrawal penalty.

Tom explains why if there is a conflict between a beneficiary designation on your bank account (naming one child) and what you say in your Will (divide your estate between all 5 children), the beneficiary designation wins, and your bank account goes...

Although it may feel odd to think about life insurance for your young children or grandchildren, Tom discusses some of the benefits that can go far beyond what we traditionally consider.

Are you considering making a new investment? Before you do, ask yourself these 8 questions to help you determine if the investment is right for you.

While there is a lot of talk in Washington about eliminating the Federal Estate Tax, Tom discusses why you still need estate planning even if the tax disappears.