Financial planning is like self-defense
By Eric Reich Fun fact you probably didn’t know about me: I was a self-defense instructor way back when I became a black belt over 20 years ago. Over the years, I have realized that there are so many parallels between self-defense and life. Frankly, I’m surprised it...Who’s in charge? Using an independent trustee
By Eric Reich Last week, we discussed what to do in the event that you don’t fully trust your heirs to be responsible with an inheritance and how to ensure your wishes get carried out. We also discussed the challenges of deciding who would be in charge of distributing...Help, I don’t trust my kids
By Eric Reich I’m not typically shocked by most financial statistics, but one that never ceases to shock me is that only 1/3 of Americans have documented their wishes in an estate plan. My guess is that of that 1/3, probably half have not done it properly. That means...Splitting retirement assets in a divorce
By Eric Reich Going through a divorce is a terrible experience, even under the best of circumstances. Emotions run high. Decision-making ability might not be at an all-time high. While some of those decisions might not have major consequences, others, like the...
