"When it's love vs. money, Americans prefer the hefty bank account," the results of a Northwestern Mutual survey of 4,375 U.S. adults revealed. A majority of couples in a serious relationship, the survey revealed, feel financial compatibility is more important than...
Applying for Medicaid often involves a waiting period while your application moves through the review process. Knowing what to expect during that time can help you stay prepared and respond quickly if additional action is needed. Here is what generally happens after...
People make split-interest charitable gifts to balance philanthropy with their personal financial needs. As Fidelity Charitable explains, clients can achieve several goals using split-interest charitable giving: Generating lifetime income without triggering immediate...
Thinking of naming minor children as beneficiaries of your life insurance policy, retirement account, or investment account? Think again. While minors can certainly inherit assets, they are still legally ineligible to manage those assets. If no trust or guardianship...
"Wine and investing are more similar than you think", Bryce Sanders tells financial advisors, suggesting they use wine-related analogies to create "aha" moments in conversations with their clients. Interestingly, several of the analogies Sanders mention apply to the...
Geyer Legal Group is pleased to introduce Katrin Hodson as our newest associate attorney. Katrin will focus her practice on helping clients with their estate planning and estate administration needs. A Hoosier born and bred, Katrin grew up in Granger then Ft. Wayne....
"My father passed away and left me a large sum of money", a reader related in a recent Dear Abby letter. After paying off debt, she decided to give each of her three adult children a Christmas gift:"from me and their grandfather". The letter-writer's husband of one...
"Trump Accounts - Focus on their merits, not branding," Mickey Kim advises parents and grandparents in the Indianapolis Business Journal. "Importantly, the Treasury will provide a one-time $1,000 seed contribution for U.S. citizens born between Jan. 1, 2025 and Dec....
"It's easy to see how an advisor could feel they were doing the right thing", Steve Garmhausen explains in Financial Advisor, describing a situation where a financial advisor acted as Power of Attorney for a client. When an advisor at an SEC (Security and Exchange...
"Before assets reach children or charities, they most often move to a surviving spouse," Erica Ellis points out in Financial Advisor Magazine, urging financial advisors to establish relationships with both spouses. "The moment of transfer" (after one spouse has...
