This is Daryl Carlson's Typepad Profile.
Join Typepad and start following Daryl Carlson's activity
Join Now!
Already a member? Sign In
Daryl Carlson
Recent Activity
“Regardless of how much wealth you have,” says Gregory Popera, a private wealth adviser with Bank of America Merrill Lynch, “having some type of estate plan and financial power of attorney are sort of the financial building blocks to make sure your assets go where you want them to go.”... Continue reading
Posted 7 hours ago at Redlands CA Estate Planning
Planning for Death Is Unpleasant, but Critical Nonetheless Once someone dies there is much work to be done. These are a few suggestions to help you get administratively organized for death. To make death easier for all involved, it’s critical to plan some of the issues related to death far... Continue reading
Posted yesterday at Redlands CA Estate Planning
Where there’s a will, there’s a way—and sometimes an ugly family feud. Families are consumed with grief when a loved one dies, but unfortunately certain legal and organizational tasks that arise can’t be ignored or put off for long. But you can ease the burden on your loved ones by... Continue reading
Posted 2 days ago at Redlands CA Estate Planning
This case has drawn plenty of attention due to its legal and financial implications. Essentially, the case has escalated to the point of a federal judge warning state regulators that she would consider issuing an order to drop Ohio from Medicaid enrollment altogether, leaving the Buckeye State without federal funds... Continue reading
Posted 3 days ago at Redlands CA Estate Planning
By putting ownership in trust and designating a knowledgeable person to oversee an individual’s firearms, the chance of such issues arising is minimized. Plus, paperwork requirements for transferring guns are streamlined and the trust prevents information about a valuable collection that might be of interest to thieves from being made... Continue reading
Posted 6 days ago at Redlands CA Estate Planning
Auto accidents are the second leading cause of injury-related mortality among people 65 and older. “It is everyone’s responsibility to identify and assist a mentally impaired driver,” she said. Another birthday coming up for an elderly loved one? It may be time to evaluate their driving skills. A recent article... Continue reading
Posted 7 days ago at Redlands CA Estate Planning
Recently, I outlined a basic estate plan for a couple with children. Now, a reader in California asks: “What about marrieds without kids?” Married without children? What essential estate planning tasks should you focus on? The Wall Street Journal says, in an article titled “Estate Planning for Childless Couples,” that... Continue reading
Posted Nov 19, 2014 at Redlands CA Estate Planning
Continual planning is essential for finding opportunities that will reduce the financial burden. Several options exist to help corporations retain wealth and reduce taxes legally. At the end of the business year 2014, companies will be examining data to see if there are any tax savings available on defined contribution,... Continue reading
Posted Nov 18, 2014 at Redlands CA Estate Planning
Cash-strapped millennials are slipping into the red. In fact, their savings rate has dipped to negative 2%, meaning that they're spending more than they have. The unemployment rate was down to 5.8% last month and the U.S. economy added 214,000 jobs. However, a recent article on the CNN website, titled... Continue reading
Posted Nov 18, 2014 at Redlands CA Estate Planning
State and federal estate and inheritance tax rates are what drive most people’s estate plans, but now that tax rates are falling and exemptions rising in many jurisdictions, how much people will leave their heirs isn’t what keeps them awake at night anymore. What they really worry about is how... Continue reading
Posted Nov 14, 2014 at Redlands CA Estate Planning
Establishing a will is a vital part of protecting your financial legacy and there is no benefit in delaying it. Here are six often-avoided questions to help you get over your fear of wills and establish one for your family. There are no silly questions when it comes to your... Continue reading
Posted Nov 13, 2014 at Redlands CA Estate Planning
To prevent you and your family members from enduring more stress, misery or confusion than necessary, here are five estate-planning booboos to avoid ... Think you have the right ideas when it comes to your estate? You may want to watch out for some common "don'ts" in the estate planning... Continue reading
Posted Nov 12, 2014 at Redlands CA Estate Planning
“Income-tax rates are going up so it becomes more expensive for a grantor to maintain the grantor trust status of a trust they’ve set up,” says Lynn Halpern Lederman, managing director and senior fiduciary counsel – Northeast Region at Bessemer Trust, a New York firm that oversees $97.5 billion. A... Continue reading
Posted Nov 11, 2014 at Redlands CA Estate Planning
A well-planned estate is a wonderful legacy you can leave your heirs — instead of untangling a messy estate, they can follow concrete steps, allowing them to take care of business while mourning their loved one. Document gathering can be overwhelming when it come to a loved one's passing. What... Continue reading
Posted Nov 10, 2014 at Redlands CA Estate Planning
Although the vast majority of estates aren't contested, the more money that is at stake, the more incentive a family member has to try to get some of it. Certain family issues in the USA are unique to our country. However, some people tend to have the same behaviors and... Continue reading
Posted Oct 31, 2014 at Redlands CA Estate Planning
Six Philadelphia men forged, cheated and lied their way into collecting a dead woman's house and car, police said. If no heirs exist and no estate plan determines where your estate should go, it must be up for grabs. Right? Well, no. But unfortunately for one woman's estate, this scenario... Continue reading
Posted Oct 30, 2014 at Redlands CA Estate Planning
When Christie’s auctioned off Edgar Degas’s “Danseuses” for nearly $11 million in 2009, the catalog noted that the masterpiece was being sold as part of a restitution agreement with the “heirs of Ludwig and Margret Kainer,” German Jews whose vast art collection was seized by the Nazis in the years... Continue reading
Posted Oct 29, 2014 at Redlands CA Estate Planning
The decision about how to designate beneficiaries for your company retirement plan, life insurance policies, and other assets might seem like a no-brainer. Chances are you would like those near and dear to you to inherit any money you've accumulated during your lifetime, so making sure that happens should be... Continue reading
Posted Oct 28, 2014 at Redlands CA Estate Planning
Donna Spears, a longtime friend of centenarian Helen Schlesinger, claims in her Manhattan civil suit that New York-Presbyterian physician Dr. Lawson Moyer has broken the law by both treating the 470 Park Ave. resident and appointing himself as her power of attorney. Can you trust your doctor with your will?... Continue reading
Posted Oct 27, 2014 at Redlands CA Estate Planning
As a result, financial advisers and families are taking steps to shield IRA assets for children and other beneficiaries in case those heirs ever find themselves in bankruptcy proceedings. Is your IRA protected from creditors in the event of bankruptcy? Not anymore. Because of the recent unanimous high court decision,... Continue reading
Posted Oct 24, 2014 at Redlands CA Estate Planning
Thanksgiving weekend is a time to reflect, visit family, and of course, eat your fair share of pie. And while we may be thankful for the people and the wealth in our lives, not enough of us have planned to protect all that we have. Pass the pie please! And... Continue reading
Posted Oct 23, 2014 at Redlands CA Estate Planning
The online forms you come across may or may not work. These forms tend to not be state specific which means your will may or may not be valid. If you are going to take the time to draft a will or any other estate planning document (which you should),... Continue reading
Posted Oct 22, 2014 at Redlands CA Estate Planning
Whichever you select, consider ways you can structure the trustee’s duties and relationships to increase the probability of achieving your estate planning goals. Selecting an executor or trustee of your estate plan is a very important decision that requires much thought. A recent Investing Daily article, titled "Making Your Most... Continue reading
Posted Oct 21, 2014 at Redlands CA Estate Planning
Medical research confirms one of the first things people have trouble with in the very early stages of dementia is managing personal finances. This means people can make very expensive financial mistakes, often before anyone notices there is a problem. I have seen this happen, and it is heartbreaking. You... Continue reading
Posted Oct 20, 2014 at Redlands CA Estate Planning
The woman Benny claims took advantage of him was his second wife. He says after he had a stroke, she threw him in a nursing home and never saw him again. At one time, World War II veteran Benny Goo was very affluent with a gorgeous home in Hawaii. Now,... Continue reading
Posted Oct 17, 2014 at Redlands CA Estate Planning