Estate Planning as a Career

Wealth Management

When was the last time you saw a magazine article where a financial planner states “Boomers are not saving enough for retirement!” Even if this message is true, it is extremely self-serving of the financial planning community to continue to beat this drum to sell their services? Fear sells, and it is never a bad idea to save more money, so true or not, the boomers should heed this message.

The financial press has bemoaned the fact that America has (more…)

Most of the people are aware of importance of estate planning. And if you have already a will and want to reform that, it may be much troublesome to plan your estate. If you don’t have an estate plan, your state’s law decides who is going to get your assets. Your property may be distributed into your spouse and children and if you are unmarried or don’t have children, then into your family members. It’s a good idea to understand the basic components of will and have it, whether (more…)

In the UK the new mental capacity act is due to come into force on the first Monday in April 2007.

The Act governs decision-making on behalf of adults who lack mental capacity, both where they lose capacity at some point in their lives, and where the incapacitating condition has been present since birth.

This act covers all decisions, including personal welfare and financial matters, and covers decision-making on their behalf by attorneys, or court-appointed “deputi (more…)