An advance directive is a written statement that you complete in advance of a serious illness. Generally speaking, this document names someone to act on your behalf or outlines how you want medical decisions to be made when you are no longer able to do so. Some types of advance directives may be able to do more for you than others, so it is important to know the differences.
The two most common forms of advance directives are a living will and a durable power of attorney for...
Our Approach
We are dedicated to providing investment management and strategic wealth planning to pre-retirees and retirees. Simply put, we strive to be our client’s trusted advisor. As a financial advisory firm, our primary focus is to provide impartial opinions that are designed to work towards long term investment results.Meet Our Team
Learn more about our amazing team of professionals and see what makes us different. We're here to help guide you in the right direction.
View All Team MembersLatest Blog Posts
Mar 16, 2016 by CML Wealth Management
Feb 17, 2016 by CML Wealth Management
You’ve worked long and hard to accumulate the assets that you are using to help finance your retirement. Now, it's time to start drawing down those assets. Exactly how you withdraw assets from various accounts will affect your taxes and impact how long those assets last, so it pays to plan a withdrawal strategy that is efficient and maximizes the benefits of different types of investments.
First: Take an...
Jan 06, 2016 by CML Wealth Management
For many investors, a large portion of their investments are held in 401(k)s, IRAs, or other tax-favored retirement vehicles. While these accounts can be ideal for sheltering retirement savings from taxes both preretirement and post-retirement, they can also be highly vulnerable to tax losses in an estate, if they are not bequeathed properly. For instance, a $1 million IRA inheritance could be whittled to almost nothing under worst-possible circumstances, such as a combination of estate...