Lenox Insights

Jane Schroeder, Senior Vice President
November 1st, 2017 | 11:10 AM
Life changes constantly and your insurance needs change with it. That’s why it’s important to review your life insurance coverage on a regular basis to ensure it still meets your needs. A Policy Review is a critical component of a sound financial planning strategy. READ MORE>>

Darren Gerstenblatt, Partner
October 11th, 2017 | 3:35 PM
A long-term disability can be one of the most devastating threats to a family’s financial security. An illness or injury can start a downward spiral that may be difficult to recover from. Yet most of the young people we meet with, and many older individuals as well, don’t understand the risks of being disabled, … READ MORE>>

Thomas J. Kavanagh, CFP®, Financial Planner
September 20th, 2017 | 12:57 PM
Given the astronomical cost of college, even wealthier parents should consider applying for financial aid. Note, however, that one misstep can harm your child’s eligibility. The following are pointers to help you avoid mistakes and maximize aid…READ MORE>>

Emily Ciotoli Smith, CFP®, Financial Planner
August 16th, 2017 | 11:46 AM

You know your estate plan accounts for your physical assets, such as real estate, art and collectibles, and vehicles. But does it cover “digital” assets such as e-mail and online bank accounts? If you don’t include digital assets in your estate plan, your estate’s executor and your family members may have difficulty accessing them without going to court. READ MORE>>

Megan Bergman, CFP®,
Director of Asset Management
August 3rd, 2017 | 10:05 AM
Why do people still seek out Financial Advisors? After all, it’s not like 20 years ago when the internet was in its early stages and investment information wasn’t that easy to obtain. And it’s also not like there are no lower cost alternatives available.

Jonathan Wittlin, CPA®, CFP,
Head of Financial Planning
June 7th,
 2017 | 12:16 PM
Do you know if you’re likely to be subject to the alternative minimum tax (AMT) — and what actions can trigger it? If not, you need to find out so that you can consider taking steps to address potential AMT liability. READ MORE>>

Chad Jaffee, CFP®, Financial Planner
May 24th, 2017 | 4:05 PM
Anticipating “what-ifs” is one of the major responsibilities of business owners: “What if we don’t get the loan?” or “What if we lose our biggest account?” here’s another one: “What if a
co-owner dies, becomes disabled or retires?”

Emily Ciotoli Smith, CFP®, Financial Planner
May 3rd, 2017 | 2:05 PM
Even though software developer Josie held several patents and copyrights, it never occurred to her to include them in her estate plan — until her estate planning advisor raised the issue. He explained that these intangible assets can be highly valuable and that anyone who owns intellectual property (IP) needs to decide how they want to pass the assets to their heirs.  READ MORE>>

Thomas J. Kavanagh, CFP®, Financial Planner
March 29th, 2017 | 12:05 PM
Data security becomes more important each year. At least once a year we encourage our clients to ensure they are taking appropriate steps to mitigate the risk of identity theft and other issues related to loss of personal information. READ MORE>>

Jonathan Wittlin, CPA®, CFP, Head of Financial Planning
February 22nd,
 2017 | 10:05 AM
The nation’s tax system has been largely in a steady state for several years, but that may change in 2017. Republican control of the Presidency, House, and Senate opens the door for significant change, however, what that change may look like is anybody’s guess at this point. It is still too early to know what President Trump will officially propose and most of the chatter around his policy is based on various strategies he promoted throughout his campaign.