Pollex Estate Planning Blog

How do boomers and centenarians compare?

Dagmar Pollex — Fri, 14 Jun 2013 11:29:31 +0000

A recent study reveals some interesting insights into how baby boomers and centenarians differ with regards to their attitudes, opinions and lifestyle choices. As the lifespan of the average American continues to increase (it currently ranges from 76 years for men, to 81 years for women, according to the Centers for Disease Control and Prevention) [...]

How To Be Happier and More Successful Day to Day

Dagmar Pollex — Fri, 07 Jun 2013 11:49:29 +0000

1. Spend More Time On Your Not Do List Strategy is the art of sacrifice. That’s why you may consider creating a larger clearing for what really matters by first identifying, and then avoiding, what matters the least. Your time is a treasure to be invested. Creating a list of things that you are not [...]

Who Will Inherit Your IRA?

Dagmar Pollex — Wed, 29 May 2013 11:56:25 +0000

These days, IRA’s often make up a substantial part of your estate. Yet one of the common mistakes I see is that people assume that their will or trust automatically dictates who will receive their retirement accounts. In fact, who will receive your IRA (or other type of retirement account) depends entirely on who is [...]

How Much Should You Spend On LTCI?

Dagmar Pollex — Wed, 22 May 2013 11:33:25 +0000

Boomers and long term care insurance. How much should you expect to pay for long term care? One rule of thumb is to not spend more than 6-7% of your net income on long-term care insurance.

Choosing the Right Executor or Trustee for Your Estate

Dagmar Pollex — Tue, 14 May 2013 11:37:00 +0000

Being an executor or a trustee requires certain skills such as diligence, organizational ability and thoroughness. An executor should not only be honest and diplomatic, but also well organized, good with paperwork and vigilant about meeting deadlines.