Host: Sandwich Estate Planning and Elder Law Attorney John G. Kennan Episode 1, 2022 Welcome to the first edition of Your Long Range Plan. Hosted by John Kennan, Sandwich-based Estate Planning and Elder Law Attorney, serving clients from Boston to Provincetown. Attorney Kennan co-hosts Your Long Range Plan with area experts in the legal and … Read more
Having A Plan Many of my clients are reaching out to me to say how they are more confident than ever in the estate planning we did together. There is a more heightened sense of “do I have my affairs in order, is there anything else I should be doing in case I get sick … Read more
Serving as a trustee of a trust can be a huge responsibility, so trustees are entitled to compensation for their work. The amount of compensation depends on the type of trustee and the complexity of the trust. Depending on the trust, a trustee’s duties can include managing trust assets, making distributions to beneficiaries, paying taxes, and creating … Read more
Retirement has changed radically over the last several decades in America. Years ago, when you expected to work most of your life for a single, large employer, you could count on a pension.
If you are about to turn 70,and have delayed claiming Social Security retirement benefits up till now, you are joining an elite group, but it’s important to know when and how to claim.
When a married couple applies for Medicaid, the Medicaid agency must analyze the couple’s income and assets as of a particular date to determine eligibility. This “snapshot” date can have a major impact on a couple’s financial future.
Older Americans with a life insurance policy that they no longer need have the option to sell the policy to investors. These transactions, called “life settlements,” can bring in needed cash, but are they a good idea?
As second marriages become more and more common, beneficiary designations become more complicated. If you are remarried, choosing a beneficiary …
Inheriting an IRA may seem like a good thing, but there can be tax consequences if you aren’t careful.
The terms 401(k) and individual retirement account (IRA) are bandied about quite a bit when discussing retirement planning, but what are the actual differences between the two?
Every year you should review your entire estate plan, and the review should include retirement plan “beneficiary designations” to make sure they aren’t outdated.
