Category: Family Planning

General information  Yes  No  N/A  1. Has relevant personal information been gathered?        2. Marital status? Time frame for starting a family        3. Has financial situation been assessed? Income Expenses Assets Debts and liabilities Insurance information Employee benefits available        Notes:  Money management  Yes  No  N/A  1. Have financial goals been determined or revised? Short-term goals Intermediate-term…

What is it?  Throughout your life, you will face certain life-changing events. Some of these situations are unexpected and demand immediate action. For instance, you may have to plan the funeral of a loved one or decide how to care for an aging parent who suddenly needs a lot of help. Other situations arise less…

Congratulations! You’ve decided to start a family. Up until now, your health insurance has probably been adequate, paying for routine doctor visits and prescription drugs. But now that you’re facing a lifestyle change, you must make sure that your health insurance policy will keep up with those changing needs.  Check your coverage  Some policies insure…

What are special needs?  You may have known since birth (or before) that your child has special needs. Or you may have realized it later, when your child didn’t sit up at an appropriate age, or had problems learning to read. Children who have special needs have a wide range of conditions, both mild and…

With the enactment of the One Big Beautiful Bill Act in July 2025, Congress introduced a new class of tax-advantaged savings vehicles for minors known as Trump accounts. Here’s a breakdown of the key features.  What are they?  Trump accounts are custodial savings and investment accounts that can be established for U.S. children under age…

Getting ready   As you prepare for life with your new child, it’s time to prepare a new financial plan for your family or make any necessary changes to your existing plan. You’ll want to consider how parenthood will affect your budget, make sure you have adequate insurance, protect your child’s future with a well-thought-out estate…