March 23, 2012 6:38 am
Published by alexhouse
Imagine that a family member just listed you as the sole heir to his/her estate which included extensive credit card bills along with a house with negative equity. Where does that leave you? Well fortunately the personal debt of a deceased most often cannot be passed along to their loved ones. However, there are many dependencies which could allow for some debt to pass through to family or loved ones. These dependencies include how the specific assets are titled as well as the state in...
View Article
March 22, 2012 10:32 pm
Published by alexhouse
The first free online matching service designed to help baby boomers find retirement income specialists in their local communities is now available throughout New Jersey. Annuity123, the online retirement income educational portal, has opened their Annuity Harmony matching service for the benefit of all of New Jersey’s residents who are in need of retirement income planning guidance. This innovative online matching service is aimed to match baby boomers and retirees with annuity and retirement income specialists whose practice is in their local area. Annuity123, owned...
View Article
March 21, 2012 10:48 pm
Published by alexhouse
Estate planning is an arduous task which unfortunately can be prone to mistakes. Even using a professional planner to facilitate the process will not guarantee an error-free result. Fortunately, a CFP named Ed McCarthy recently posted an article (linked here) which highlights the 8 most common mistakes that were brought up from survey of experienced advisors. Here is the list of most common mistakes from his article: 1. Improper beneficiary designations – We frequently see advisors improperly completing beneficiary designations. Examples: not changing the beneficiary...
View Article
