On July 6, 2011, Tom Scanlon,CPA  was interviewed by Logan Byrnes on Fox CT Morning News.  On the Money Matters segment, Tom talked about joint tenancy, the importance of having a will and beneficary designations.

To see Tom's interview, please click here:  Fox CT-Money Matters

With the Federal Estate Tax Exclusion of $5 million, many commentators have suggested estate planning is dead.  I think this deserves a closer look.

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When was the last time you checked your beneficiary designations for your retirement accounts that were established years ago?  Beneficiaries are the individuals or entities (such as a charity) that you name to receive these assets upon your death.  You may find that your designated beneficiary is not who or what you think it should be, especially if you have divorced, remarried or had children since your retirement plan account was established. more…

Mr. Dan Duncan passed away in March of this year.  It is estimated his net worth was $9 billion, making him one of the top 100 most affluent people in the world.  A self-made man, he amassed his fortune in energy.  He was also very philanthropic, giving away hundreds of millions of dollars. more…