Just Right: One In Three
A survey of retiree spending habits conducted by the Employee Benefits Research Institute (EBRI) finds that just one in three retirees between the ages of 62 and 75 feels that they saved “just right” for…
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Mindset Shift: Retirement?
Not that long ago, retirement tended to be framed around the “absence” of commitment, as employees focused on freedom from the restrictions of the 9-5 work and commute day. Studies now point to a mindset…
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Statistically Speaking
Statistically Speaking Every adult should have an estate plan that attends to both their own needs in the event of a decline, and tends organizes asset distribution upon death. However, statistically speaking, it’s even more…
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Wills: Coercion or Help?
Before invalidating a will because of claims of undue influence, probate courts must decide if actual coercion led to the decisions reflected in the will. Afterall, people help each other all the time. How is…
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Personally Responsible?
Despite years of costly allegations over investment performance, many plan sponsors are not adequately monitoring. Lawsuits naming businesses–and their fiduciaries—-continue to underscore the importance of making decisions that benefit participants and documenting the prudent processes…
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Is Bigger Better?
When it comes to a 401k, more savings for more employees is certainly better, and small businesses certainly can and do sponsor thriving retirement plans. Nonetheless, bigger 401k plans tend to have some built in…
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Survivor Trustee: Cognitive Continuity Clause?
In the face of long lives and a rise in the number of people experiencing cognitive decline, some attorneys point out that incorporating a “cognitive continuity clause” in revocable trust instruments can serve as a…
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Administrator Responsibilities and Bonds
When someone dies without a will, the local probate court typically appoints an administrator to bring the affairs of the deceased to closure. Once debts are paid, the state laws of intestacy dictate the distribution…
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Supersedeas and Appeal Bonds
Though in some jurisdictions, the terms supersedeas bond and appeal bond are used interchangeably, other jurisdictions distinguish between the terms. Generally, a supersedeas or appeal bond enables the losing party in a civil litigation case…
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