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Chocolate Chip Cookies

Chocolate Chip Cookies image

My grandmother had a wooden cookie jar that lived on the back of her kitchen counter the majority of my life. Her grandchildren have always been able to count on that cookie jar to be full of something delicious. Although there have been times that we’ve found Little Debbie treats, it’s always been much more common for us to find homemade cookies that our grandmother baked for us in anticipation of a visit.

There are so many forms of love and I believe baking is one of them. In our offices we find happiness in preparing freshly baked cookies that...

The Importance of a Thorough Power of Attorney

The Importance of a Thorough Power of Attorney image

We help families protect their assets from the costs of long term care. Often times, however, we are not working with our elderly client directly, but rather with his/her Agent under a Power of Attorney (POA). Unfortunately, we regularly see POAs that do not grant the Agent full authority because items in the General Authority and Specific Authority sections have not been initialed. This has been especially problematic since the Powers of Attorney Act was passed in 2010. As a result, the Agent does not have the authority to make gifts or create irrevocable trusts, which are both commonly necessary...

Life Insurance Basics

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Contributed by: Tony DiPietro, State Farm Insurance Agent

What is Life Insurance?

Life insurance is a contract established during your lifetime where an amount of money (called the “death benefit”) is paid to a beneficiary (the person(s) or entity you choose to receive the money) at your death, in exchange for a premium that you pay to the insurance company during your lifetime. However, there are various types of life insurance products available, all designed to serve a particular purpose. An insurance professional can help you understand your options and make the best selection for you and your loved ones.

Your Most Important Person

Your Most Important Person image

*Contributed by Marie T. Chin, Estate Planning Coordinator

“Every patient is someone’s most important person”. This was the quote on my desk calendar that I saw every day for the entire month of July. At Procino-Wells & Woodland, I am so proud to be a part of a team that sees each client as “someone’s most important person”. When someone comes into our office, they are typically dealing with preparing for death or with the recent loss of a loved one. These are incredibly difficult conversations to have and I am grateful to be part of a team that not...

Depend on Market Efficiency – Not Pundits – to Help Protect Your Portfolio

Depend on Market Efficiency – Not Pundits – to Help Protect Your Portfolio image

Jeffrey D. Montgomery is the founder and president of Montgomery Financial Services LLC (www.mfswealth.com). He works primarily with pre-retirees, retirees and affluent small-business owners, helping them grow, protect and distribute their financial assets.

The stock market is an amazing thing, with so many moving parts that it’s impossible to predict. So don’t even try to determine what it’s going to do next, and don’t believe people who say they can. Here’s what to do instead.

Hardly a day goes by without some self-proclaimed expert making lofty, and sometimes outrageous, predictions in the media about where the markets are heading and...