Richard Freeman - Senior Director & Wealth Advisor

The Biden Agenda for Estate Plans More Costly for The Rich and Not-So-Rich

With Democrats in control of the Senate and House the likelihood of passing legislation in line with President-elect Biden’s agenda for estate plans has increased. While there are a number of proposed changes, there are two that are most significant. First, the amount of assets an individual can pass estate tax free to heirs may be substantially reduced. Second, capital gains taxes may be imposed on all estates with appreciated assets. This means that even individuals who are “not rich” will suffer some tax consequences at death.

By Richard Freeman|2021-01-14T18:11:14+00:00January 14th, 2021|Blog|0 Comments

Property and Casualty Insurance: What You Need to Know

Property & Casualty Insurance: What You Need to Know Property and Casualty insurance protects against loss related to things that you own (Property) as well as things that can happen to others because of [...]

By Richard Freeman|2020-10-09T18:46:39+00:00October 9th, 2020|Insurance|Comments Off

Should I Buy Long Term Care Insurance? It Depends…

Long term care is a topic that increasingly comes up in both the media as well as in conversation among friends, family and with financial advisors. As we live longer, we are more likely to need [...]

By Richard Freeman|2020-10-01T18:59:19+00:00October 1st, 2020|Blog|0 Comments

Diminished Financial Security in a Coronavirus World: Insurance is One Way to Restore that Security

The Coronavirus pandemic has impaired the personal and business balance sheets of many clients and caused them to rethink their plans for the future. Uncertainty and a diminished sense of financial security have crept into plans [...]

By Richard Freeman|2020-07-22T13:01:03+00:00July 22nd, 2020|Blog|0 Comments

The SECURE Act: What You Need to Know

On December 19th, the SECURE Act (Setting Every Community Up for Retirement Enhancement Act of 2019) was passed as part of a year-end spending bill. This recently passed legislation will impact how retirement plans work for many individuals and [...]

By Richard Freeman|2020-01-03T15:49:06+00:00January 3rd, 2020|Blog|0 Comments

Reviewing your Permanent Life Insurance Policy: Don’t Neglect this Asset on your Balance Sheet

Why Is an Insurance Review Needed? Permanent (cash value) life insurance can be a significant asset on a personal balance sheet—yet it is often the most neglected asset for two reasons. First, it is commonly misunderstood [...]

By Richard Freeman|2019-10-24T17:05:10+00:00October 24th, 2019|Blog|0 Comments

New York Passes Best Interest Regs for Life Insurance

The financial services industry is attempting to move away from harmful sales practices toward more customer-friendly standards. Much has been written about the Securities and Exchange Commission's Regulation Best Interest adopted in June 2019 that governs the sale of investments. [...]

By Richard Freeman|2019-09-18T21:38:21+00:00September 18th, 2019|In the News|Comments Off

Are Your Financial Decisions Rational or Irrational? – The Debate Between Mr. Spock and Homer Simpson

This may surprise you, but humans are not always rational in how we make financial decisions! In the past, economists thought that humans only looked at financial issues from an entirely rational perspective. However, in more recent years, a [...]

By Richard Freeman|2019-07-15T14:33:40+00:00March 27th, 2019|Blog|Comments Off

Guide to Giving: When to Give

You have reached a point in your life where philanthropy is important to you. Financial success has been achieved and you now want to give back. You may not be sure, however, how much [...]

By Richard Freeman|2019-05-21T19:00:48+00:00December 18th, 2018|Blog|Comments Off

Guide to Giving: What to Give

This is the second article in a Guide to Giving blog series by contributing editor Richard B. Freeman. Richard is a Senior Director, Wealth Advisor at Round Table Wealth Management and a member of [...]

By Richard Freeman|2019-05-21T18:49:12+00:00October 16th, 2018|Blog|Comments Off

About Richard Freeman