Investors should consider umbrella coverage when crafting a financial plan
Investors may overlook a serious risk to their net worth — creditor risk — and as a result not carry excess coverage such as umbrella insurance.
Putnam Wealth Management
Preserving and sustaining wealth for the future
Clients need help with complex financial planning matters such as efficient wealth transfer, tax and inflation risk, and sustainable income in retirement. Financial-planning experts Bill Cass and Chris Hennessey weigh in each week with a range of insights, tips, and legislative updates.
Posts from category: Insurance/Risk Management
A student’s health-care proxy can remove barriers for parents in case of an emergency
Parents may also want to prepare some documents such as a health-care proxy before their child leaves for college in case of an emergency or illness.
Saving for a rainy day is a priority for many in 2018
Some investors start the new year with resolutions to improve their financial situation, and many include an emergency — or rainy day – fund for unexpected expenses.
Considerations for property loss in the wake of Hurricane Harvey
In the wake of Hurricane Harvey homeowners may seek assistance in making claims for property loss.
How an LLC can help safeguard assets
A limited liability company (LLC) is among several strategies that may help protect assets from creditor risk.
Republicans take first step to repeal Obamacare
Congressional Republicans this week introduced the American Health Care Act in a move to repeal and replace the Affordable Care Act.
Five ways Obamacare may change in 2017
Following more than a year of calling for the repeal and replacement of Obamacare, President-elect Donald Trump will take his case to Congress.
Why a college student needs a health-care proxy to unlock barriers for parents
Parents may face challenges trying to help their child in an emergency at college if they do not have a health-care proxy or power of attorney.
Expect the unexpected: Many retirees will need long-term care
Many individuals will need some form of long-term care during their retirement years and need to plan ahead.
Add supplemental health coverage to important retirement decisions
Preparing for adequate health-care coverage in retirement is an essential element of financial planning.