Most Clicked Financial Planning Digest Stories


1. How to react when clients show cognitive decline

Financial Planning Digest | May 21, 2015

Advisers should have procedures in place for when clients begin to show signs of dementia. It's also important to review their portfolios to make sure they have suitable investments, ensure they have all of their legal documents in order and start getting everything in writing. Register for a free webcast from the AICPA PFP Section on practical planning for aging and elder issues on June 3 from 1-2:15 p.m. ET. Financial-Planning.com (05/19)


2. Don't lose focus on retirement security, professor says

Financial Planning Digest | May 21, 2015

Retirement -- not college, home repairs or vacations -- must be the most important savings goal for investors, according to Richard Marston. The Wharton School professor urges advisers to push their clients to prioritize retirement saving and delay claiming Social Security benefits. In addition, he recommends using a stock-heavy portfolio and following a 4% spending rate in retirement. InvestmentNews (free registration) (05/19)


3. Which colleges provide the most value for students?

Financial Planning Digest | May 21, 2015

ThinkAdvisor (05/19)


4. Ryan outlines tax reform priorities

Financial Planning Digest | May 21, 2015

In a speech at the AICPA's spring Council meeting on Tuesday, Rep. Paul Ryan, chair of the House Ways and Means Committee, laid out his goals for tax reform and lower tax rates. In particular, he expressed a desire for a broadening of the tax base and a reduction of both the individual and corporate tax rates to no more than 25%. Journal of Accountancy online (05/19)


5. A back-to-basics review of tax strategies

Financial Planning Digest | May 21, 2015

Marty Murray, CPA, recently offered eight tax tips, including recommendations to use health savings accounts, pay attention to tax brackets and accelerate income when appropriate. For tax planning ideas for your clients, visit the AICPA PFP Section's tax planning resource page at aicpa.org/pfp/tax. On Wall Street (05/2015)


6. Prenups: Taking care of the financial side of marriage

Financial Planning Digest | May 21, 2015

The high divorce rate and the uncertainties of life mean that drafting a prenuptial agreement is a wise, albeit unpopular, move. Clients should allow at least six months before getting married to work out the agreement. They also need to consider how liabilities, such as student loan debt, will be handled in the event of a divorce, and they should be prepared to revise the prenup if their circumstances change. Financial-Planning.com (05/18)


7. Employers must monitor 401(k) funds, Supreme Court finds

Financial Planning Digest | May 21, 2015

ThinkAdvisor (05/19)


8. Untangling the tax issues of bundled AUM fees

Financial Planning Digest | May 21, 2015

Many clients pay a single fee for assets under management. But that one fee covers both investment-management services, which are tax-deductible, and financial planning, which is not, writes Michael Kitces. Advisers can address this issue by unbundling their fees or at least being cautious about the way they describe them. Nerd's Eye View blog (05/20)


9. Tips for organizing your overflowing inbox

Financial Planning Digest | May 21, 2015

InvestmentNews (free registration) (05/19)


10. Proposed CPE standards revision would allow credit for new modes of learning

Financial Planning Digest | May 21, 2015

Newly proposed revisions to continuing professional education standards would allow CPAs to receive credit for instruction in short segments (nano-learning) and blended learning, which combines aspects of face-to-face and online instruction. Journal of Accountancy online (05/19)




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Designed specifically for CPA personal financial planners and others interested in financial planning, Financial Planning Digest is a FREE monthly e-mail newsletter from the AICPA. It provides the most important and timely news stories to support personal financial planners. Learn more