Tag: Beneficiary Designations

FEATURE
Estate Planning as an Expression of Love and Responsibility (Ep. 148)

Estate Planning as an Expression of Love and Responsibility (Ep. 148)

By |

Podcast: Play in new window | Download | Embed

Subscribe: Spotify | Email | TuneIn | RSS | More

What if one of the most meaningful ways to care for your family has nothing to do with gifts or holidays? Planning ahead can ease stress, reduce conflict, and create clarity when it matters most.

In this episode, Peter Raskin explains why estate planning is ultimately an act of love for spouses, children, and heirs. He outlines the essential documents every family should understand, including wills, powers of attorney, and trusts. Peter also shares practical steps to simplify finances, avoid probate, and reduce potential estate taxes. Through real-life examples, he highlights how thoughtful preparation protects assets, addresses elder abuse risks, and fosters deeper family conversations across generations.

Peter discusses:

  • The purpose of wills, executors, and how proper planning prevents assets from being distributed solely by state law
  • The roles of living wills, healthcare proxies, and financial powers of attorney in medical and financial decision making
  • How revocable and irrevocable trusts function, avoid probate, and help protect assets from creditors or divorce
  • Practical strategies such as consolidating accounts, updating beneficiaries, and transferring property into trusts
  • The importance of family conversations about heirs, remarriage risks, elder abuse prevention, and planning for pets
  • And more!

Connect with Peter Raskin: 

Schedule a Time with Peter Raskin:

This is not intended to be a substitute for professional investment advice. Always seek the advice of your financial adviser or other qualified financial service providers with any questions you may have regarding your investment planning.

Securities and investment advisory services offered through Osaic Wealth, Inc., member FINRA/SIPC. Osaic Wealth is separately owned, and other entities and/or marketing names, products, or services referenced here are independent of Osaic Wealth.
Financial Realities of Later-Life Marriages (Ep. 138)

Financial Realities of Later-Life Marriages (Ep. 138)

By |

Podcast: Play in new window | Download | Embed

Subscribe: Spotify | Email | TuneIn | RSS | More

Love and finances often intertwine in unexpected ways, especially in later-life marriages. 

From tax strategies to estate planning, every decision reflects a delicate balance between personal connection and practical considerations.

In this episode, Peter Raskin explores the unique financial challenges faced by older couples tying the knot. With stories and strategies, Peter offers guidance to help navigate the complex decisions surrounding later-life marriages.

Peter discusses:

  • Strategies for managing joint and individual financial goals in later-life marriages
  • The impact of tax planning on marriage decisions, including joint filing benefits
  • Important insurance considerations, from health coverage to long-term care
  • Social Security benefits and how marital status changes eligibility and payouts
  • Estate planning priorities, including prenuptial agreements and beneficiary designations
  • And more!

Connect with Peter Raskin: 

Schedule a Time with Peter Raskin:

This is not intended to be a substitute for professional investment advice. Always seek the advice of your financial adviser or other qualified financial service providers with any questions you may have regarding your investment planning.

Securities and investment advisory services offered through Osaic Wealth, Inc., member FINRA/SIPC. Osaic Wealth is separately owned, and other entities and/or marketing names, products, or services referenced here are independent of Osaic Wealth.

Osaic Wealth, Inc. and its representatives do not offer tax or legal advice. Individuals should consult their tax or legal professionals regarding their specific circumstances.

FEATURE
73. Stewardship Checklist Tasks That Everyone Should Be Reviewing Annually

73. Stewardship Checklist Tasks That Everyone Should Be Reviewing Annually

By |

Podcast: Play in new window | Download | Embed

Subscribe: Spotify | Email | TuneIn | RSS | More

You don’t want your assets going to the wrong place or person, right? 

That’s why reviewing your financial accounts annually is important.

In this episode, Peter Raskin reviews stewardship checklist tasks that you should be reviewing annually. Peter teaches you how you can ensure your assets go to the places you want them to  through various beneficiary designation options, including transfer on death.

Peter discusses:

  • What happens to assets when we pass away
  • Why probates should be avoided
  • Beneficiary designation options
  • How transfer on death works in your favor

Resources

Connect with Peter: 

CRN-4117974-010722

Disclosure: This is not intended to be a substitute for professional investment advice. Always seek the advice of your financial adviser or other qualified financial service providers with any questions you may have regarding your investment planning.

Peter Raskin is a registered representative of Lincoln Financial Advisors.

Securities offered through Lincoln Financial Advisors Corp., a broker/dealer. Member SIPC. Investment advisory services offered through Sagemark Consulting, a division of Lincoln Financial Advisors, a registered investment advisor. Insurance offered through Lincoln affiliates and other fine companies. Raskin Planning Group is not an affiliate of Lincoln Financial Advisors.

Lincoln Financial Advisors Corp. and its representatives do not provide legal or tax advice. You may want to consult a legal or tax advisor regarding any legal or tax information as it relates to your personal circumstances.