Stories by Margaret Muldoon
By Margaret Muldoon | January 31, 2020
The Setting Every Community Up for Retirement Enhancement (SECURE) Act is the most significant retirement reform legislation in more than a decade. It was signed into law on December 20,… Read More
By Margaret Muldoon | September 19, 2019
When creating your estate plan, it’s important to consider not only today’s circumstances, but also to plan for the uncertainty of tomorrow. This is why everyone should have a special needs clause in their estate documents.
By Margaret Muldoon | December 11, 2018
When someone passes away, no matter how old they are, it’s difficult for the family to make decisions about how to handle the funeral. But if you have your plans outlined, it takes a lot of the stress off the family. Think big about your estate plan, but don’t forget the little things.
By Margaret Muldoon | October 16, 2018
Many people have the wrong ideas about wills, trusts, and estate plans. After all, estate planning isn’t something most people think about every day and something they may try to avoid. These misconceptions often prevent people from taking action that will save their loved ones countless headaches and difficulties.
By Margaret Muldoon | May 29, 2018
When my father died two years after my mom, he left me half of the family home and the majority of his life insurance. I was working in the financial services industry by that point, so I understood the value of meeting with a financial adviser, who gave me guidance on what to do with my inheritance.
By Margaret Muldoon | January 16, 2018
When it comes to estate planning, many people view choosing an Executor (also referred to as Personal Representative) as the easiest part of the process. However, when planning your Will, choosing the right Executor can be one of the most important decisions you’ll make.
By Margaret Muldoon | June 13, 2017
While it’s silly to leave $12 million to your dog, it’s not a bad idea to consider the care of your pets in your estate planning. Pets are considered property under the law, but for most pet owners they are treasured members of the family. But unless you specifically provide for the care of your pet, it will pass along with the rest of your property as outlined your Will or according to intestacy laws (if you don’t have a Will). That might not be the best person to care for your pet. There are three ways you can provide for a pet in the event of your incapacity or death.
By Margaret Muldoon | May 2, 2017
Business owners know firsthand that building their business and staying successful requires significant time and resources. Yet many small business owners are not aware of critical business planning areas that put the future of their businesses at risk if left unaddressed. Life insurance can be an excellent partner in many aspects of business planning.