estate planning long island
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What are the benefits of having an early retirement plan?
You are thinking about your retirement means you are already on the right path of the retirement plan. Retirement, in many cases, can last for more than 30 years, and you might need up to 80% of your annual income to live comfortably. A retirement pl...
Palumbo Wealth Management · 29 March 2023 · 6
Perks of Estate Planning with A Financial Advisor
The process of estate planning is never enjoyable, and it only worsens if you are unprepared or find it difficult to understand all the legalese your chosen attorney is using. Too many individuals fail to use one of their most significant tools for addressing the issue and how the things that are vital to you are handled. Contrary to popular belief...
Palumbo Wealth Management · 24 February 2023 · 2Estate Planning: Different Elements You Should Familiarize Yourself With
Estate planning refers to the process of putting together tasks or activities that could help in managing the asset base of an individual so that no complication or confusion happens upon their death or incapacitation. One of the major aspects of est...
Palumbo Wealth Management · 25 January 2023 · 6
What does estate planning include? 6 major components explained
Many of us believe that estate planning is not necessary unless we are rich enough for it. In contrast, regulations state that anyone above the age of 18 and who possesses any property must go for estate planning Long Island. This simplifies the mour...
Palumbo Wealth Management · 28 November 2022 · 12
Why do you need estate planning? Learn the basics first
What is estate planning? Many people struggle to find the right answer to this question. And that is why it's necessary to have a proper estate plan in place. Estate planning involves organizing and managing all your assets in the event of your absence. From managing your home and car to your savings and investments, estate planning includes everyt...
Palumbo Wealth Management · 27 October 2022 · 15