financial planning | Law Firm Newswire

Virginia Beach, VA (Law Firm Newswire) November 13, 2014 – Parents and grandparents who want to incorporate college savings into their financial planning can do so with a 529 college savings plan, a special savings account designed for higher education expenses. “In this era of ever-rising tuition, college savings should take higher priority than in the past,” said Andrew Hook, an estate planning attorney in Franklin, Virginia. “A 529 plan can be a part of that financial planning.” A 529 savings account allows account holders to save money over time, then withdraw from the balance tax-free for education-related expenses. Qualified […]


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Moorestown, NJ (Law Firm Newswire) November 7, 2014 – On Tuesday, November 18 at 6:00 p.m., Begley Law Group will host a free seminar about college financial planning at their offices in Moorestown, New Jersey. Created for anyone planning to send children to college, this free seminar will cover the important steps necessary to plan for those expenses. Attendees will learn about the different phases of college planning, how colleges determine financial aid and how they can best position themselves to receive it. “People want to give their children every opportunity in life, and a college education can be an […]


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White Plains, NY (Law Firm Newswire) April 25, 2014 – As one nears retirement age, a number of important financial planning milestones begin to approach. It can be difficult to keep them all straight, so here is a timeline of what happens when. At age 59 1/2, people can begin to make withdrawals from 401(k)s, traditional IRAs and similar retirement savings accounts, without an additional tax penalty of 10 percent. (Withdrawals are still taxed as income in any case.) Of course, just because one can begin to make withdrawals at this age does not mean one necessarily should. At age […]


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White Plains, NY (Law Firm Newswire) January 20, 2014 – Women face unique issues in planning for retirement. On average, women live longer than men and are paid less, and there are still other financial planning issues that tend to affect women more significantly. Lower pay is a key issue. Despite gains by women in the workforce, on average, women are still paid 77 cents on men’s dollar. Over a lifetime, that can add up to $500,000. Women are also more likely to leave the workforce temporarily to raise children or to care for an ailing parent. While their jobs […]


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White Plains, NY (Law Firm Newswire) March 22, 2013 – Elder abuse is being aggressively addressed by one Bronx community center. Elder abuse – physical, financial, or emotional – is widely believed to be an underreported problem, and one that lacks the funds and resources badly needed to combat the issue. Now, one nursing home in New York City is trying to address elder abuse head on. The Hebrew Home at Riverdale and the Pace Women’s Justice Center in the Bronx created the Harry & Jeanette Weinberg Center for Elder Abuse Prevention in 2004. The center trains law enforcement personnel […]


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San Diego, CA (Law Firm Newswire) August 23, 2012 – Know everything about running a successful estate planning practice? Then skip Boot Camp. “Boot Camps are an enormously popular 8-hour eye-opener with estate planning attorneys; it keeps them up-to-date with the latest practice building information available. Those who attend know the real secret to running a successful estate planning practice. Those who don’t … miss the boat,” indicated Robert Armstrong, co-founder of the American Academy of Estate Planning Attorney’s (AAEPA). The systems the Academy provides are designed to free up an attorney’s time, allowing them to discover how to work […]


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