Explore these essential planning tips for September's important holidays. Check them out!
Happy National 401(k) Day!
Kicking off the first week of September with Labor Day is a well-known tradition, but it’s followed by a lesser-known holiday that deserves attention if you’re thinking about your financial future: National 401(k) Day. Even in a time of declining economic confidence, many Americans remain cautiously optimistic about their retirement savings. But how you feel about your 401(k) might not match what’s actually in your account. National 401(k) Day is the perfect reminder to take stock, review your plan, and make sure your retirement goals are on track for both you and your loved ones.
Stepfamily Day: Smart Estate Planning for Blended Families
Happy National Stepfamily Day to everyone celebrating! Observed on September 16th, this day honors the courage, patience, and resilience it takes to build and nurture blended families. But the challenges of stepfamily life often go beyond creating harmony at home. They can also impact financial and legal planning. Read on to discover why thoughtful preparation in these areas is just as important as fostering strong family relationships.
National Centenarians Day: Planning for a Longer Life (and Legacy)
Who dreams of reaching 100? The answer varies, but the number of Americans hitting that milestone has nearly tripled over the past 30 years and is projected to quadruple in the next three decades. While an aging population presents challenges for public policy, living to 100 (and beyond) is increasingly a personal achievement many are celebrating. Read on to discover why your financial and estate plans need to evolve alongside this new reality.
A revocable living trust can save your loved ones the cost, delay, and stress of probate, but only if it’s properly funded. Too often, people create a trust but never retitle accounts or transfer property into it, leaving assets vulnerable to court involvement. Proper trust funding ensures your plan works as intended and keeps your wishes private.
A trust you establish for your child today may not meet their needs 10, 20, or 30 years from now. Just as children grow and mature, the trusts designed to protect them must also adapt over time. A rigid structure can leave them vulnerable to risks such as financial inexperience, divorce, or unexpected life events.
This information is for educational purposes only and cannot be considered legal advice, nor does the receipt of this newsletter create an attorney client relationship.
