How to Preserve Retirement in A Tough Economy

Financial markets are similar to ocean waves with their constant rise and fall. The falls often result in crashing, unnerving the most stoic individuals, particularly the closer you get to retirement. You may not be able to avoid every pitfall, but there are ways to preserve your finances, keeping them more steady in an unsteady…

Read More

Understanding FDIC Insurance for Payable on Death Accounts

As estate planning attorneys, we often remind clients that their estate plan isn’t done when they have signed their will or trust.  Just as important are the beneficiary designations of their assets. Recent events have prompted questions about beneficiary designations of bank accounts and their effect on the amount of FDIC insurance.  In this blog…

Read More

FDIC Insurance and Trusts

The recent failure of a regional bank has once again focused the attention of many people on the limits of FDIC insurance.  Many investors in Silicon Valley Bank were very concerned that the could lose most of their deposits because those deposits exceeded the limits of FDIC insurance.  As of this writing in March 2023,…

Read More