Often, people believe that estate planning only benefits the very wealthy, but nothing could be further from the truth. It’s something everyone needs to engage in regardless of age, estate size or marital status. If you have a bank account, investments, a car, home or other property—you hav …
This edition of the Mitlin Minute features Long Term Care and its importance in a financial plan. Please feel free to contact us with any questions at (631) 952-4466 x12. Visit us at www.mitlinfinancial.com or email us at [email protected] Feel free to contact u …
The vast majority of investment research supports the theory that proper asset allocation is more optimal for a portfolio than market timing. Attempting to value securities may be a fruitless task, however two models that have been used to determine intrinsic stock values are the dividend d …
Investors that are looking to purchase shares of ownership in a corporation may have the ability to select either common or preferred shares. Common and preferred stock share some similarities, however preferred shares combine many features of common stock and fixed income. Common sto …
When it comes to investing one’s assets, there are many schools of thought. Two of the most prominent practices utilized are asset allocation and market timing. Asset allocation is a long term investment strategy that builds a portfolio based upon asset classes while market timing ref …
An Irrevocable Life Insurance Trust (ILIT) is a trust used to purchase a life insurance policy or it can be used to accept a gifted policy, one already owned by the grantor of the trust. ILITs are useful because they ensure that the death benefit proceeds of the policy are not included in a …
(HAUPPAUGE, New York) For many Long Island residents, the devastating effects of Superstorm Sandy will change some of the ways they celebrate this year’s holiday season. Hauppauge-based small business owner Lawrence Sprung of Mitlin Financial has altered his longstanding custom of sen …
