Understanding Trusts: A Simple Guide to Protecting Your Legacy in 2026
Last week, we explored what estate planning is—organizing your assets and wishes for when you can’t manage them. This week, let’s dive into trusts, a key tool to make that plan work. At J. Davenport Legal, we helped thousands use trusts to keep things simple and secure. If you’re wondering “What is a trust?” or… View Article
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Social Security COLA Adjustment for 2025: Boosting Income Amid Inflation
The Social Security Administration (SSA) announced a 2.5% Cost-of-Living Adjustment (COLA) in August 2025, boosting average benefits by $50/month for 72.5 million retirees. For our clients here at Davenport & Associates, this adjustment is a key factor in retirement income planning. If you’re asking “When should I claim Social Security?” or “Do you have enough… View Article
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What Is Estate Planning? A Simple Guide for 2026
Wondering what estate planning is? You’re not alone—it’s the top question we hear at Davenport & Associates! In simple terms, estate planning is about deciding what happens to your money, home, and responsibilities when you can’t manage them anymore, whether due to illness or passing away. It’s not just for the rich; it’s for anyone… View Article
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Health Care Costs in Retirement: Navigating Medicare Premium Hikes in 2026
Retirement planning in 2026 demands attention to rising health care costs, with Medicare Part B premiums jumping to $185—a $10.30 increase from 2024—impacting 65 million beneficiaries. For our clients here at Davenport & Associates, this hike signals a need for action. If you’re asking yourself “How much are Medicare premiums in 2026?” or “What’s my… View Article
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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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