Why Estate & Retirement Planning Go Hand In Hand
Retirement benefits like IRAs and 401(k)s form a major part of estates, but improper planning can lead to tax losses of 60% or more. With a Birmingham EPC event today, August 7, 2025, highlighting case studies, it’s timely to explore integration. If you’re asking “Are my retirement benefits portable?” or “Is my estate plan updated… View Article
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Roth Conversion Opportunities in August 2025: Boosting Tax-Free Retirement Income
August 2025 brings a golden window for retirement planning, with Roth conversion costs dropping by 5% due to market dips and the permanent tax brackets from the Big Beautiful Bill. At Davenport & Associates, we see this is a chance to secure tax-free income. If you’re wondering “What are the best Roth conversion opportunities in… View Article
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New Long-Term Care Insurance Options in 2025: Estate Planning Implications
In 2025, long-term care (LTC) planning is more critical than ever, with 70% of seniors needing care that averages $100,000+ annually. A recent July surge shows a 10% increase in hybrid LTC insurance uptake, blending life insurance with care benefits. If you’re asking “What’s my plan for long-term care?” or “Is my estate plan updated… View Article
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Medicaid Look-Back and Estate Planning: Protecting Your Assets in 2025
Are you worried about protecting your assets from the Medicaid look-back period? Many clients at Davenport & Associates ask this, but the real concern often lies with the Medicaid 5-year look-back, a critical factor in estate planning. In 2025, with long-term care costs averaging $100,000+ annually and 70% of seniors needing care, understanding this rule… View Article
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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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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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