Welcome to "The Main Street Code for Financial Success"! Today, we engage in a crucial discussion about trusts, estates, and the intricacies of financial planning. Hosted by Neil Himmelstein, we're joined once again by the esteemed Cheryl Katz, a partner at Forchelli Deegan Terrana LLP specializing in trusts and estates.



In this episode, we dive deep into the complexities of estate planning, touching on issues like tenants in common and the importance of having specialists in every legal area. We share real-life examples, highlighting the pitfalls of inadequate planning and the importance of having a clear, well-structured estate plan.



We also cover topics like the role of insurance advisors, the need for independent legal and financial advice, and the repercussions of improper planning on families. We discuss the necessity of specialist attorneys and emphasize the value of seeking professional guidance for your specific needs.



Tune in to this insightful episode for an in-depth understanding of the complexities of estate and financial planning. Catch "The Main Street Code for Financial Success" every Friday at 3 PM EST on 103.9 L.I. News Radio.

Don't miss our upcoming event in January at Cheryl's law firm, where we'll delve further into these critical issues.



Remember, you can always catch up on missed episodes on YouTube, Spotify, Apple Podcasts, or visit www.themainstreetcode.com for more insights.

Reach out to us with your questions and concerns at 631-647-4694, and connect with Cheryl Katz at 516-248-1700 for specialized advice.

Welcome to "The Main Street Code for Financial Success"!

Welcome to another episode of "The Main Street Code for Financial Success"!

Welcome to "The Main Street Code for Financial Success"!

In this episode, join us as we dive into the complexities of Medicare with our guest Scott Lewis, a seasoned advisor on Medicare plans. We'll explore the intricacies of Medicare Part A and Part B, Advantage plans, supplements, and much more. Scott offers valuable insights into the enrollment process, the differences between various plans, and the crucial aspects to consider when choosing the right plan for your needs.

Whether you're approaching retirement or looking to understand Medicare better, this episode is packed with essential information. We discuss the impact of your choices on your health coverage and the financial implications of these decisions.

Tune in every Friday at 3 PM EST on 103.9 L.I. News Radio for "The Main Street Code for Financial Success," hosted by Neil Himmelstein of Main Street Planning Group. And remember, you can always catch our episodes on YouTube, Spotify, and Apple Podcasts.

Visit www.themainstreetcode.com for more insights and connect with our experts for personalized advice.

Welcome to "The Main Street Code for Financial Success"!

Welcome to "The Main Street Code for Financial Success"!

In this episode, we're joined by esteemed estate attorney Stephanie Alberts, as we dive into the intricacies of trusts and estate planning. Stephanie, a partner at Forchelli Deegan Terrana LLP, brings her expertise to the table, discussing the challenges and solutions in estate management, particularly in sensitive situations such as handling beneficiaries with special needs or substance abuse problems.

We delve into the role and responsibilities of a fiduciary, the importance of selecting the right person for this task, and the nuances of managing trusts for different beneficiary scenarios. Additionally, we shed light on the complexities of probate and the critical need for proper planning to avoid unforeseen legal and financial hurdles.

Join us as we navigate these essential aspects of financial planning, providing insights and guidance to secure your and your loved ones' future. Tune in every Friday at 3 PM EST on 103.9 L.I. News Radio for "The Main Street Code for Financial Success," hosted by Neil Himmelstein of Main Street Planning Group.

Catch our episodes on YouTube, Spotify & Apple Podcasts and visit www.themainstreetcode.com for more insights.

Welcome to "The Main Street Code for Financial Success"!

Welcome to "The Main Street Code for Financial Success"!

In this episode, host Neil Himmelstein delves into the pressing issue of long-term care, a crisis that many Americans face as they age. Drawing from real-life examples, Neil discusses the financial burdens that come with unforeseen health challenges and the need for long-term assistance. From firsthand accounts of families depleting their savings to address these needs, to the intricacies of Medicaid and insurance solutions, this episode sheds light on the importance of proactive financial planning.

Discover how to protect your assets, ensure your loved ones are taken care of, and make informed decisions about your future. Whether you're considering standalone long-term care policies, hybrid plans, or other financial tools, this episode offers guidance and insights to navigate the complex world of financial planning.

Join us every Friday at 3 PM EST on 103.9 L.I. News Radio for "The Main Street Code for Financial Success," hosted by Neil Himmelstein of Main Street Planning Group. Don't miss out on our episodes—find us on YouTube, Spotify & Apple Podcasts and explore more at www.themainstreetcode.com.

Welcome to "The Main Street Code for Financial Success"!

In today's episode, we delve deep into the concerns that keep many of us up at night. From the fear of outliving our money to the uncertainty of our financial future, we address these pressing issues head-on.

We'll explore the importance of term insurance, highlighting the differences that often go unnoticed. Additionally, we emphasize the significance of disability insurance, explaining why having your own policy is crucial and shedding light on the "own occupation" and "residual riders."

Join us as we navigate the turbulent waters of financial planning and offer solutions to secure your future. Tune in every Friday at 3 PM EST on 103.9 L.I. News Radio for "The Main Street Code for Financial Success," hosted by Neil Himmelstein of Main Street Planning Group.

Catch our episodes on Spotify & Apple Podcasts and visit www.themainstreetcode.com for more insights.