Squam Lakes Financial Advisors is proud to announce that we have earned the AARP BankSafe Trained Seal in recognition of the training and policies we have in place to better protect older Americans from financial exploitation. Learn more at aarp.org/banksafe.
The AEP® designation is conferred upon those individuals who meet its stringent admission standards which include, among other things, significant prior experience in estate planning activities and material formal education in the subject matter.
Benzinga recognizes Squam Lakes Financial Advisors as New Hampshire’s Best Comprehensive Planning firm
In working with a fee-only advisor, the client is assured that their needs come first.
The takeaway here should be the value of using a Credit Shelter Trust as a tool in our planning. Does it play into every estate plan? Of course not. Should it be a consideration? Absolutely. As planners, we need to understand when and where it “may be” appropriate.
Unbeknownst to most financial advisors is the value of a “Disclaimer Trust.” In the world of estate planning documents, a Disclaimer Trust is a form of a Credit Shelter Trust.
In the process of estate planning, one of the key decisions is establishing a revocable trust or a will that includes a trust. But what exactly is a trust? Like a will, a trust lays out instructions for the distribution of assets.
It may surprise a lot of people to discover how many individuals die without a will. In the not-too-distant past, this would include Prince, Michael Jackson, Howard Hughes, Salvatore Phillips “Sonny” Bono, and Jimi Hendrix, just to name a few.
Where do we begin with estate planning? At the beginning, of course, which is the probate process.
Investing in the stock market requires knowing what you want, being willing to jump through some hoops, and giving yourself enough time to achieve it.
The starting point for any decision regarding the purchase of financial products by anyone, not just medical professionals, should begin with a written financial plan and analysis of personal cash flow.
A “Fiduciary Duty” is an obligation to act in the best interest of another party. A “Fiduciary” is a person acting in a fiduciary capacity and is held to a high standard of honesty and full disclosure in regard to the client and must not obtain a personal benefit at the expense of the client.