The December 2016/January 2017 edition of “The Accountant”, published by the Oregon Society of CPA’s, included our article on Core Financial Planning Areas for Your Clients. The article highlights a number of areas where CPAs can assist their clients, including: – financial statements – risk management – tax management – education planning – investment management […]
The Institute for Divorce Financial AnalystsTM (IDFATM) has announced that Springwater principal and co-founder Jim Corbeau, MBA, CFP®, CDFA® has completed a specialized educational program in professional divorce analysis and is now a Certified Divorce Financial Analyst®. A CDFA® is an expert on the immediate and long-term financial implications of divorce. Certified Divorce Financial Analysts […]
Forbes magazine recently featured a column addressing the question of whether most Americans should have a revocable living trust as part of their overall estate plan. In the author’s view, many estate planning attorneys suggest that everyone should have a trust, while most Americans don’t even have a simple will. Since there is an investment […]
Most people know that having some sort of estate plan in place makes good sense, regardless of your net worth, so that your financial and family goals are met when you die. And having these documents in place can make the end of life a little less painful for those left behind. But which documents […]
Forbes recently published a great post highlighting the most essential estate planning documents. You can view the post here.
The Associated Press recently published more sobering news about the impact that an aging population will have on the need for long-term care. Government figures show that about 70% of Americans will need some form of long-term care after they reach age 65, yet only 20% of Americans think they will need such care some […]
Many people are unaware that the beneficiary designations defined in a will do not apply to retirement accounts. Instead, all retirement accounts – including IRAs, as well as employer-sponsored retirement accounts like 401(k)s and 403(b)s – have their own beneficiary designation forms. Not properly completing a beneficiary designation form, or not keeping your beneficiary designations […]
In its December 16, 2013 wealth management section, the Wall Street Journal published a piece on evaluating your financial advisor, by focusing on selecting the right investment benchmark to measure the advisor’s relative performance. There are a number of significant problems with this, but we’ll focus on just two of the biggest ones here. Wrong […]
The Wall Street Journal recently published a feature section on avoiding potential traps and pitfalls with your year-end charitable giving. You can read the entire December 16, 2013 article here.
MarketWatch explains why (almost) everyone can benefit from putting in place the estate planning basics – a will and a living trust. You can read the entire May 21, 2013 article here.