About Mike McCann

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So far Mike McCann has created 52 blog entries.

Explore Long-Term Care Options

The common U.S. life expectancy is 87 years. When you live into your 70s and beyond, the likelihood that you’ll need long-term care is considerable. Of course, much younger people can require these services, too, as a result of accidents or illnesses. About 30 percent of new long-term care insurance claims begins by age 80, [...]

By |2019-08-14T13:59:44-07:00May 27th, 2019|Uncategorized|

Bitcoin Products and Pyramid Schemes

Pyramid schemes share one overriding characteristic, according to Debra Valentine, former general counsel of the Federal Trade Commission (FTC): They promise consumers or investors large profits based primarily on recruiting others to join their program, not based on profits from any real investment or real sale of goods to the public. Bitcoin products and pyramid [...]

By |2019-08-14T13:59:47-07:00January 7th, 2019|Current Affairs, Investing|

Make Your Legacy Tangible

Estate planning is about much more than the tangible elements of life insurance and trusts, or investment accounts and wills. That’s because your money and possessions are not the only representations of your life. What about your beliefs and wisdom, your personal experiences and family stories? These are your legacy. They are the most valuable assets [...]

By |2019-08-14T13:59:48-07:00July 30th, 2018|Books, Client Stories, Estate Planning|

How Do You Define Wealth?

Americans are split on their definitions of wealth, according to a recent survey by Charles Schwab, with some describing wealth as a specific sum of money and others describing it more as a state of mind. When asked "How do you define wealth?" the top five sentiments were: Having a lot of money (27 percent) [...]

By |2019-08-14T13:59:50-07:00January 30th, 2018|Current Affairs, Financial Planning|

Common Estate Planning Pitfalls

Typical goals in creating an estate plan are to establish a legacy and create a straightforward guide for your heirs. Depending on how long ago you created your estate plan, it’s possible your wishes or priorities may have shifted. Your vision of your legacy and your directives may no longer be clear. That ambiguity can [...]

By |2019-08-14T13:59:52-07:00September 25th, 2017|Estate Planning|