the staff of Modera Wealth Management

While there is nothing that can guarantee that you will have sufficient money to cover all potential costs in retirement, there are certainly some common mistakes that you want to steer clear from to help protect your assets.

The weather is starting to get chilly, and your bags are packed to head south for the winter. Here are a few tips if you plan to be away from your primary residence for a few months.

The transition from working to retirement is an exciting time in a person's life; however, it can also be scary for those who do not prepare properly.

Being a victim of identity theft can have severe financial consequences, but most people don't realize anything is wrong until they are making a large purchase, like a house or a car, and issues show up on their credit report.

For investors in high-tax brackets, the asset location decision can be just as important as asset allocation. Otherwise, your portfolio is exposed to significant, and unnecessary, tax liabilities.

Often, people are uncertain what wealth management services actually encompass. Here we provide a better picture of what comprehensive financial planning is and what it can do for you.

In today's uncertain economic times, affluent consumers are more likely to be targets of multi-million-dollar lawsuits. Umbrella insurance provides you with reassurance that your assets are protected at a nominal cost.

If busy physicians are going to leave their wealth in someone else's hands, then there are a few questions they should ask when selecting an advisor - as well as ‘red flags' to avoid at all costs.

By the time most people want to start thinking about long-term care insurance, the premiums are either very high or the person cannot even get coverage due to his/her health history.

While a general emergency fund should cover six to nine months of monthly expenses, retirees should have an emergency fund that covers two to three years. See why.

While downsizing after your children graduate and move out seems liberating, it can be scary. Here are a few things to consider as you contemplate this next chapter in your life.

Just because your children graduate college and are adults doesn't mean they've learned how to handle their own finances. Don't assume that they just know what to do when it comes to paying bills for the first time and creating budgets.

Wealth can easily distort a child's view of money and possessions. A lack of parental guidance and appropriate education on money management can leave a child unprepared for living as an independent, productive and responsible adult.

We often find ourselves so engrossed in how fast our children are growing up that it's easy to sometimes forget that our own parents are also aging.

In order to achieve your financial goals, you need a well thought out plan, created with your financial advisor. Comprehensive financial planning includes a six step process.

Sometimes it's beneficial to take a look at the basics to ensure they're still working for you. For high-income earners, like physicians, who aren't utilizing a wealth management firm, here's what you're missing out on.

There was far more involved in the fiscal cliff deal than just increased income taxes for people making more than $400,000. Here are the key provisions of this law, including capital gains taxes, charitable distributions and education incentives.

It is important that the Eastern Seaboard learn from the disaster of Superstorm Sandy to be better prepared for future natural disasters. Here are best practices for protecting family and assets during times of crisis.

Now that President Obama has been re-elected he has to face the upcoming fiscal cliff, which could possibly push the country into another recession. Here are tax changes to watch as the year comes to an end, as well as what the president plans to do.

With current rates at historic lows, people are able to lock in a shorter-term loan and still end up with monthly payments equal to or less than what they were paying with a longer-term mortgage.

It's important to bear in mind that, in case of divorce, equitable or fair does not necessarily mean equal. A 50/50 split is generally the starting point in the discussion, but rarely do the two parties end up with an exact amount.

With investing, it's better to aim for base hits rather than swing for home runs, but it's also important to stay in the game.

The U.S. has seen an upswing in the economy, but news from abroad isn't as positive. Despite the troubles in the euro zone, investors shouldn't avoid international investments.

Death is inevitable, but there are steps we should take to lessen, even a little, the hardship facing loved ones at the time of one's death.

A carefully planned gifting program can help you achieve personal aspirations, but it also reduces one's estate and thus minimizes the estate taxes that your heirs may have to pay upon your death.

Year-end planning involves remembering to focus on areas you can control. In spite of the current economic and political uncertainty, one can uncover financial planning opportunities to be thankful for this year and in 2012.

The recent volatility of the market has investors split on what they should do with their money. The markets have too much risk, but other options might not have enough. Having a solid financial plan can help you determine the balance between the two.

Owning a second home can be a dream come true. Just make sure that you consider some of the other baggage that may come along before packing for your next vacation to your new home.

These days, the menu of qualified retirement plans is vast, and it may be difficult to understand which plan makes the most sense for your unique set of circumstances. For doctors and other solo practitioners, the solo 401(k), also known as the individual 401(k), may be an appropriate option.

403(b) plans aren't simply an equivalent to 401(k) plans and you might decide that participate in your company's 403(b) is not for you.