Estate Planning - North Light Financial Services

Tell Your Beneficiaries About Your Accounts and Policies

Tell Your Beneficiaries About Your Accounts and Policies Let them know how they will receive retirement assets and insurance benefits. Will your heirs receive a fair share of your wealth? Will your invested assets go where you want them to when you die? If you have a proper will or estate plan in place, you will likely answer “yes” to both of those questions. The beneficiary forms you filled out years ago for your IRA, your workplace retirement plan, and [...]

By info@northlightfinancialservices.com|2017-03-28T08:17:15-04:00May 12th, 2016|Estate Planning, Financial Fitness, Personal Finance|Comments Off

What Beneficiaries Need To Know

What Beneficiaries Need To Know What do you do when an account owner passes away? If your loved ones have invested, saved or insured themselves to any degree, you may be named as a beneficiary to one or more of their accounts, policies or assets in the event of their deaths. While we all hope “that day” never comes, we do need to know what to do financially if and when it does. Legally, just who is a beneficiary? IRAs, [...]

By info@northlightfinancialservices.com|2017-03-28T08:17:22-04:00August 21st, 2014|Estate Planning, Personal Finance|Comments Off

End-of-Life Planning Mistakes to Avoid

End-of-Life issues can be difficult for families to discuss but avoiding them can lead to unnecessary disputes and hurt feelings. Financial planner Jane Ricardi of North Light Financial Services encourages her clients to address the issues. Jane is quoted in Financial Planning magazine as a planner assisting families during difficult times. Click here to read more.

By info@northlightfinancialservices.com|2017-03-28T08:17:27-04:00November 20th, 2013|Estate Planning, Personal Finance|Comments Off

End-of-the-Year Money Moves

End-of-the-Year Money Moves Here are some things you might want to do before saying goodbye to 2013. What has changed for you in 2013? Did you start a new job – or leave a job behind? Did you retire? Did you start a family? If some notable changes occurred in your personal or professional life, then you will want to review your finances before this year ends and the next one begins. Even if your 2013 has been relatively uneventful, [...]

By info@northlightfinancialservices.com|2017-03-28T08:17:28-04:00October 17th, 2013|Estate Planning, Financial Fitness, Personal Finance, Saving & Budgeting|Comments Off

Taxes and Charitable Giving

You don’t need to be wealthy to make an impact and get a win-win. Do you have to make a multimillion-dollar gift to a charity to receive immediate or future financial benefits? No. If you’re not yet a millionaire or simply a “millionaire next door,” yet want to give, consider the following options which may bring you immediate or future tax deductions. Partnership gifts. These gifts are made via long-term arrangements between donors and recipient charities or non-profits, usually with [...]

By info@northlightfinancialservices.com|2017-03-28T08:17:28-04:00September 18th, 2013|Charitable Giving, Estate Planning, Personal Finance|Comments Off