Breaking Down California’s Master Plan for Aging
As baby boomers enter their golden years, the over-60 population in the United States is soaring. Higher life expectancies and lower birth rates are increasing both the numbers of individuals in or entering retirement and the proportion of elderly to working-age adults. Enter California’s Master Plan for Aging.
Financial Planning for Special Needs Individuals
When it comes to planning for the long-term care of special needs individuals, the process to set up and manage a trust or other care relationship must...
The Prudent Perspective – Q1 2021
Normal is an illusion.
What is normal for the spider is chaos for the fly.
Asset Depletion Analysis: Do I Have Enough to Retire?
Different financial advisors offer different rules of thumb for determining whether you have enough money to retire. The challenge of this determination is...
3 Primary Types of Trustees to Consider
As you organize your trust to protect, manage, and distribute your assets, you will invariably need to appoint a trustee to oversee its administration. In...
What Is the Role of a Trustee?
When you establish a trust to hold and manage assets from your estate, that trust requires a trustee to assume fiduciary responsibilities. Estate holders may choose to set up a trust for many different reasons, but a trust document will establish the duties of a trustee, including who can be named trustee.
Prudent Perspective – Q4 2020
“It is during our darkest moments that we must focus to see the light.”
– Aristotle
In May of this year, the New York Times published an article about authors, Neil...
Prudent Perspective – Q3 2020
“Every now and then it helps to be a little deaf”
– Ruth Bader Ginsburg
On March 4, 1933, Franklin D. Roosevelt was sworn in as the 32nd President of...
Prudent Perspective – Q2 2020
“You, me, or nobody is gonna hit as hard as life. But it ain’t about how hard ya hit. It’s about how hard you can get hit and keep moving forward. How much...