The world of finance, investments, and wealth management can be hectic and is constantly changing. Davenport & Associates is here to provide content and insights to help you stay on top of the latest information and how it could affect your current plans and strategies.
Emotional Readiness for Retirement: New Studies Reveal a Confidence Gap in 2025
Retirement isn’t just about finances—it’s an emotional journey too. In 2025, new studies show a growing confidence gap, with only 11% of pre-retirees feeling emotionally prepared despite financial stability. If you’re asking “Am I emotionally ready for retirement?” or “How will I spend my time in retirement?”, this blog explores the latest research, common concerns,… View Article
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How to Leverage the Big Beautiful Bill for Retirement Income in 2025
The One Big Beautiful Bill, signed into law on July 4, 2025, is creating waves for retirees and those nearing retirement, offering new opportunities to boost retirement income. With a new $6,000 deduction for those 65 and older and permanent tax brackets, this legislation could reshape how you manage your finances. If you’re asking, “How… View Article
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How the Big Beautiful Bill Affects Estate Planning in 2025
The One Big Beautiful Bill, signed into law on July 4, 2025, brings permanent changes to the tax code that could reshape estate planning for families. With the estate tax exemption rising to $15 million per person ($30 million per couple) effective 2026, and new deductions for seniors and families, this legislation offers opportunities but… View Article
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Pros and Cons of Revocable vs. Irrevocable Trusts in 2025
In 2025, estate planning has never been more critical, with rising probate costs averaging 3% to 7% of an estate’s value and potentially up to 10% in some cases. As families navigate tax changes, Medicaid rules, and asset protection, trusts remain a cornerstone of effective planning. But which type is right for you: revocable or… View Article
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Will vs. Trust: Key Differences for Estate Planning
Will vs. Trust – What’s the Difference, and Which Is Right for Me? Planning your estate involves making crucial decisions about how your assets will be distributed after you pass away. Here in Norwalk, CT, and across the country, individuals often rely on wills and trusts to ensure their wishes are honored. Understanding the differences… View Article
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