Executor/Trustee Fee Compensation: A State by State Case

Month: August 2016

August 25, 2016  |  

Executor/Trustee Fee Compensation: A State by State Case

Not many of us find ourselves in the position of being an executor or trustee of an estate – it may only happen once or twice during our lifetimes (if at all). Many people consider it an honor to be named an executor or trustee. However, there are several elements and responsibilities that go along with the title. Estates can range in size and complexity – which may or may not call for the trustee […]

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August 18, 2016  |  

The Brexit and Its Lessons on Recency

Thanks to the field of inquiry known as behavioral finance, we know of a number of instincts that can steer us wrong as investors. One of the big ones is recency, in which we tend to lend more decision-making weight to recent turmoil than to expected long-term outcomes. It’s one thing to know about recency in theory. It’s quite another to recognize when it’s happening to you. This summer’s Brexit referendum serves as a great […]

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August 16, 2016  |  

Lost and Found – How to Locate Missing Money

As an advisor, I love to tackle the tough and complex issues that clients face.  Here are examples of some challenging questions we handle on a regular basis: What is the right asset allocation for a client? How can we reduce taxes for a client in their portfolio? What amount of life or disability insurance is appropriate, if any? How can we help pass wealth to the next generation while minimizing (or eliminating) estate taxes? […]

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August 9, 2016  |  

The 3 Most Dangerous Words in Investing

In my 30-plus years of experience in investment management, the three most dangerous words I hear are those found in observations that begin with, “We all know…” We all know … that stocks are overpriced (or underpriced). We all know … that interest rates are about to rise (or fall). We all know … that domestic (or international) positions are outperforming (or underperforming). “We all know …” proclamations usually make a pivotal, if flawed presumption. They presume that just […]

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August 2, 2016  |  

Cash Value Life Insurance

Life insurance, like any type of insurance, is constantly evolving in the marketplace. As insurance companies continue to create new products and tweak older ones, their offerings become increasingly more complex, harder to understand and sometimes, are sold to policy holders for the wrong reasons. Term insurance has remained fairly constant, but permanent, cash value life insurance policies are often sold as an investment with an emphasis on the investment benefits of the cash value […]

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