WH Cornerstone Investments
June 2012 
Issue: 106
Sound, visionary stewardship

Welcome 

Greetings!

Happy summer! 

 

Last week Bill and I went to Washington, DC as part of a group from the South Shore Chamber of Commerce. It was an exciting trip since Congress was in session. We attended some terrific briefings at the U.S. Chamber of Commerce, the American Petroleum Institute and the American Enterprise Institute.

 

We also met with our delegation from MA including our Senators, Congressmen and their staff. We walked through lots of tunnels and even got to take the congressional "subway". It was fun and productive.  

 

Plus, we had a few hours for fun and popped into a museum or two.  

We wish you a fabulous and safe Independence Day with your family and friends.   

 

Cheers,    

     Paula Signature 

p.s. Did you catch our Market Commentary earlier this month? If not, take a read now. 

 

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From Bill's corner... 

 

Take care in choosing a trustee        

 

Poor estate planning can be disastrous. I've witnessed some of the best plans crumble because of an inexperienced trustee. A lot of planning goes into setting up a trust; however, choosing the right trustee is often an afterthought.  

 

You may want to rethink naming a close friend or relative as a trustee for your trust. The responsibilities of a trustee are enormous. In practice, regular everyday folks are named as trustees on trust documents, but those individuals may lack the proper training to execute the terms of the trust in a proper manner.

 

 Bill signature

In This Issue
IRA rules get trickier
Can you trust a financial adviser?
8 hand-holding tips if your child gets in trouble with the law
Avoid fireworks at the family summer home
Best money advice for new grads
About us
Time to Share. Create a Buzz.
 
South Shore Hospital's Women's Health Classic 2012. Join like-minded women for a day of golf and wellness. Wellness clinics include zumba, massage therapy, healthy gourmet cooking demonstrations, facials, yoga and Pilates, and make-overs. All proceeds benefit women's cardiovascular and cancer care programs at South Shore Hospital. For more info.
IRA rules get trickier

 

Uncle Sam is about to get a lot tougher on individual retirement account mistakes-and that could trip up investors who aren't careful.

 

Can you trust a financial adviser?      

 

Not all financial advisers are created equal. Look for these 5 signs to determine if yours may not be the right one.

Read on...

8 hand-holding tips if your child gets in trouble with the law


Summertime, and the living is easy-unless you have teenage kids. Few events summon as much anxiety as a phone call from the police station letting you know that your child has been arrested, is in custody, or is just being questioned. Even if things don't get quite that far, end of school pranks, daring friends and too much free time can tip even good kids over the line.

Read on...

Avoid fireworks at the family summer home         

 

Christine Kutt's family had shared a lake home in Walworth County, Wis., since 1951. So it seemed right for the 57-year-old to pour $120,000 of her own money to fix up the place and also pay the property taxes.

 

In return, her mother put a provision in her trust stipulating that Ms. Kutt's investment would be returned to her as an ownership stake in the property when the mother passed away.

 

The problem: The mother failed to tell her other children about it-for years.  

 

Read on...

Best money advice for new grads          

 

Financial experts share what they wish they had known and their best suggestions for someone just starting out. 

 

Read on... 

About us

We are authentic, thoughtful, straight-shooters who provide the sound, visionary  stewardship that helps our clients protect their financial foundation while building their wealth.

 

We are private and independent, which means we have the unique ability to build deep, meaningful relationships with our clients with no competing agendas.

 

We have several decades of broad financial and business expertise that enables us to knowledgeably advise on a wide range of financial and business affairs and to help our clients navigate the sea of complexity with confidence.

 

We are strong believers in the power of near-term, actionable planning and disciplined focus on forward-facing goals.

 

We are at our best when we help our clients optimize their financial resources to realize their goals and dreams.   


Cheers
,

road map image
Paula Harris and Bill Harris, CFP
WH Cornerstone Investments
781.934.9154
www.whcornerstone.com 

Sound, visionary stewardship