Baron Financial Group Principals recognized as “Five Star Wealth Managers” for 2017

The Five Star award, administered by Five Star Professional,  recognizes service professionals who provide quality services to their clients.

Baron Financial Group is proud to announce that Principals, Victor Cannillo and Anthony Benante, are recognized as 2017 Five Star Wealth Managers in New Jersey.  They are proud to be multi-year award recipients. The list of recipients appears in the January 2017 issue of New Jersey Monthly magazine. 

Sarasota-based Principal, Anthony Benante,  also received the 2016 Five Star Wealth Manager award in Sarasota, as seen in Sarasota Magazine, in the November 2016 issue.  This is the 3rd year in a row Anthony received this honor. 

The Five Star Professional research team applies a vigorous research and evaluation process to identify service professionals who provide quality services to their clients. Professionals do not pay a fee to be considered or placed on the final list of Five Star award winners. Five Star Professional follows standard survey practices used by other professional research organizations. The research also includes a regulatory review to provide necessary checks and balances.

Click here for a list of selection criteria and research methodology.

Baron Financial Group is committed to putting clients’ interests first, providing independent and transparent advice, by using a true team approach.  

Do You Have a Will? 3 Basic Estate Planning Documents You Should Have

A 60-second read by Victor Cannillo:  If you haven’t completed your estate planning documents yet, consider making it one of your goals for the New Year.

The beginning of a new year is a great time to start crossing off tasks on your list. Having your estate planning documents in place can help to prevent issues down the road and ensures that your specific wants and wishes will be carried out. For example, did you know that technically, everyone has a will? The question is do you have a personalized will or the standard state version?

Here are the 3 most basic estate documents you should have:

  1. A Last Will and Testament
    A document dictating how you would like your assets to be dispersed after death; to whom do you want your assets to pass? Having a Will safeguards your wishes. If you die without having a Will in place, the State will decide who is to inherit from your estate. The Will can also be useful to save estate taxes, create trusts for children and establish guardians for minor children.

  2. A Durable Power of Attorney
    A document in which you give another person the authority to act on your behalf. If you were ever to become incapacitated, who would you feel comfortable standing-in on your behalf when it comes to your finances, signing your checks, etc.?

  3. A Living Will (also known as an Advanced Medical Directive)
    A document outlining your end-of-life medical wishes if you are not conscious to make those decisions for yourself. What medical actions do you want to take place? It may also allow you to appoint a Health Care Representative to make medical decisions on your behalf if you are unable to make them yourself.

For more specific information on these documents and to start the process of completing them, contact an estate attorney. Make sure he or she specializes in estate law. If you would like assistance finding an estate attorney that fits your specific profile, feel free to reach out to your Baron team.