This week is officially National Estate Planning week. I am sure that this really excites you as it does me, kind of like National Life Insurance Month, and others too numerous to mention. But, this subject can be important whether your estate is $100 million or $100,000. All of us need to consider five important documents to help manage and transfer our assets in the event of death, illness or disability. Remember, consult a good attorney to help in drafting documents specific to your needs and wishes. Durable Power of Attorney –Help protect manage your assets if you become physically or …

I want to help you begin your own financial plan. I know that many readers will never hire a professional financial planner even though doing so can increase your chances of a successful financial future. Financial planning is not just about accumulating piles of money, but a discovery process of how you feel about money, family, and the meaning of your life. My typical initial meeting with new clients consists of asking lots of questions, and here are some that can help you discover how you feel about money and wealth. Think about them or talk it over with your partner/spouse. What messages …

Recently, there was a news report of an employer who was caught misdirecting contributions to a 401(k) plan. The money was used for other business purposes, and even the employer's personal expenses. When this happens, it can take a long time for participants to get all their money back, if ever. I am sure that most employees didn’t even notice for quite a while. Dishonesty aside administrative mistakes can be made, and 401(k)/403(b) Plans are rarely audited.  Many investors don’t look at quarterly statements because of the recent dismal performance of their accounts and frequently reports …