The Retirement Savings Gap: Why 58% of Americans Are Behind in 2025
Is Your Retirement Savings on Track? Picture this: You’ve saved diligently for years, but inflation and unexpected costs leave you short of the $1.46 million needed for a comfortable retirement. For most Americans, this “retirement savings gap” is a harsh reality—58% of Americans feel behind, with median savings at just $88,000. At Davenport & Associates,… View Article
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What Is a Lady Bird Deed? Advantages for Estate Planning in 2025
Protect Your Home Without Losing Control Picture someone approaching retirement who wants to pass their family home to heirs without probate’s hassle, all while keeping full control to sell or refinance if needed. This is the power of a Lady Bird Deed. For our clients, it’s a simple tool to avoid court delays and costs…. View Article
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Unlocking Home Equity: A Key Trend in 2025 Retirement Planning
Turn Your Home into Retirement Income Imagine retiring with a $500,000 home, only to face rising costs that threaten your savings. For couples over 50 with $250K+ in assets, your home is a powerful tool to secure retirement. Yet, 70% of Americans lack a plan to leverage it, risking financial strain. At Davenport & Associates,… View Article
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Funding Your Trust: How to Transfer Assets Like Real Estate in 2025
Don’t Let Unfunded Trusts Undermine Your Plan You’ve created a revocable living trust to protect your legacy, but without funding it, your assets could still face probate delays and costs. For many Americans, this oversight is common—70% of Americans lack a complete estate plan, risking family disputes and tax losses. At J. Davenport Legal, we… View Article
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Irrevocable Trusts: What They Are and What They Are Used For in Estate Planning
Safeguard Your Legacy with Smart Planning Picture this: You’ve built a comfortable life with a home, savings, and investments, but the thought of high estate taxes or long-term care costs draining your assets keeps you up at night. For many Americans, an irrevocable trust could be the solution to protect your wealth and ensure it… 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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