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Financial Advisors, what they do
In this podcast, John Maher chats with John Brennan, Senior Vice President of Trust and Financial Services at Cape Ann Savings Bank in Gloucester, Massachusetts, about financial advisors. Brennan explains the requirements to become a financial advisor. Then, he talks about the different types of financial advisors, their payment structure, and what they do for clients.
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personal financial plan abc's
In this podcast, John Brennan, Senior Vice President of Trust and Financial Services at Cape Ann Savings Bank in Gloucester, Massachusetts talks with John Maher about personal financial planning. They cover the essential ABC's including why you need a financial plan, what to prioritize, and how to get started.
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personal financial plans beyond the basics
In this podcast, John Brennan, Senior Vice President of Trust & Financial Services at Cape Ann Savings Bank in Gloucester, Massachusetts, talks with John Maher about financial planning beyond the basics. He explains how to divert your current cash flow into savings. Then, he dives into topics such as when to start saving, how to boost your finances during retirement, and how a financial planner can help you.
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Estate Planning Trusts
John Brennan, Senior Vice President of Trust and Financial Services at Cape Ann Savings Bank in Gloucester, Massachusetts, talks about how trusts are used in estate planning. He emphasizes the importance of working with an expert who can optimize your use of a trust and help you understand its potential.
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Estate planning wills
John Brennan, Senior Vice President of Trust and Financial Services, at Cape Ann Savings Bank in Gloucester, Massachusetts talks with John Maher about estate planning wills. He explains how a will affects your estate after your death.
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Estate Planning Power of Attorney
John Brennan, Senior Vice President of Trust and Financial Services at Cape Ann Savings Bank in Gloucester, Massachusetts talks about the role of a power of attorney in estate planning. He talks about how to select, establish, and utilize a power of attorney.
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Estate planning Health Care Proxies and HIPAA Disclosures
John Brennan, Senior Vice President of Trust and Financial Services at Cape Ann Savings Bank in Gloucester, Massachusetts explains healthcare proxies and HIPAA disclosures. He talks about how they work and how to set them up.
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What is a Trust?
John Brennan, Senior Vice President of Trust and Financial Services at Cape Ann Savings Bank, talks with John Maher about trusts. He explains their basic purpose and talks about how they can shield assets from certain taxes or creditors, help estates avoid probate, protect the finances of people who are mentally incapacitated, and more.
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Generation Skipping Trusts?
John Brennan, Senior Vice-President of Trust and Financial Services at Cape Ann Savings Bank in Gloucester, Massachusetts, explains how generation skipping trusts work. He describes how they can help the very wealthy pass assets to their grandchildren.
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Life Insurance Trusts
John Brennan, Senior Vice President of Trust and Financial Services at Cape Ann Savings Bank in Gloucester, Massachusetts talks with John Maher about life insurance trusts. He explains how they can help you avoid estate taxes and more.
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Special Needs Trusts
John Brennan, Senior Vice President of Trust and Financial Services at Cape Ann Savings Bank in Gloucester, Massachusetts, talks with John Maher about special needs trusts. He explains how these trusts meet the unique needs of special needs people. In particular, he talks about how special needs trusts supplement, but don't supplant the beneficiary's government benefits.
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Spendthrift Trusts
In this podcast, John Brennan, Senior Vice President of Trust and Financial Services at Cape Ann Savings Bank, in Gloucester, Massachusetts, explains spendthrift trusts. He talks about how they work and why they're a provision in most trusts that are created.
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Testamentary Trusts
John Brennan, Senior Vice President of Trust and Financial Services at Cape Ann Savings Bank in Gloucester, Massachusetts, talks with John Maher about testamentary trusts. He explains how they're created by someone's will. Then, he briefly covers the advantages of these trusts and who should use them.
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Totten Trusts or Payable on Death Trusts
John Brennan, Senior Vice President of Trust and Financial services at Cape Ann Savings Bank in Gloucester, Massachusetts, explains Totten trusts to John Maher. He talks about how to set them up and how they can allow you to easily pass money to a beneficiary after your death.
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Revocable Trusts
Learn how revocable trusts can benefit you during your lifetime and see why they become irrevocable after your death. Compare revocable and irrevocable trusts.
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Irrevocable Trusts
John Brennan, Senior Vice President of Trust and Financial Services at Cape Ann Savings Bank, talks with John Maher about irrevocable trusts. He explains why people use them, the types, and the differences between irrevocable and revocable trusts.
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Marital Trusts or A Trusts
John Brennan talks with John Maher about marital trusts. He explains how they're created and briefly looks at the tax benefits of these sub-trusts. .
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Bypass Trusts, B Trusts or credit shelter trusts
John Brennan, Senior Vice President of Trust and Financial Services at Cape Ann Savings Bank, talks with John Maher about bypass trusts. Also called B-trusts or credit shelter trusts, these trusts can be a helpful staple in estate planning.
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charitable trusts
John Brennan, Senior Vice President of Trust and Financial Services, Cape Ann Savings Bank, talks with John Maher about charitable trusts. He explains why people use these trusts instead of giving money directly to charities, and he briefly explains their tax advantages. .
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Investing Basics
John Brennan and Rick Ciolino from Cape Ann Savings Bank talk with John Maher about investing basics. They discuss how inflation and compounding interest affect investments. Then, they look at the life stages of investing, when to start investing, and what to do before you start investing. Finally, they explain how to balance risk and reward.
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Investment Options
John Brennan and Rick Ciolino from Cape Ann Savings Bank talk with John Maher about investment options. They explain cash alternatives, bonds, stocks, mutual funds, exchange traded funds, and more. They cover the pros and cons of each of these types of investments and provide some insights on which investors may want to explore each of these investment options.
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investment strategies
John Brennan and Rick Ciolino from Cape Ann Savings Bank talk with John Maher about investment strategies. They cover buy-and-hold, dollar-cost averaging, diversification, and other essential strategies for investors. Then, they explain why investors should take a disciplined approach rather than buying into the media's stories about the "monkey and the dartboard."
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Planning your way to better financial health
John Brennan and Rick Ciolino from Cape Ann Savings Bank sit down with John Maher to talk about financial planning. They look at financial strategies that can carry people from college graduation to retirement, and they talk about the unique financial concerns people face at different stages in their lives.
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The Different Types of Planning
John Brennan, Senior Vice President, Trust & Financial Services and Rick Ciolino, Trust Investment Officer at Cape Ann Savings Bank sit down with John Maher to talk about planning. They look at the differences between financial, retirement, and estate planning. Then, they explain how each type of planning is important for people's financial wellness, and they outline how Cape Ann Bank can help with planning.
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Investment Terms Explained
John Maher talks investment terms with John Brennan, Senior Vice President, Trust & Financial Services and Rick Ciolino, Trust Investment Officer, at Cape Ann Savings Bank in Gloucester, Massachusetts. They cover the essentials about stocks, bonds, mutual funds, and portfolios. They explain the difference between quantitative and qualitative analysis, and they talk about how Cape Ann Savings uses different types of analysis to shape portfolios for investors.
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Retirement Terms explained
John Brennan, Senior Vice President, Trust & Financial Services and Rick Ciolino, Trust Investment Officer, at Cape Ann Savings Bank talk with John Maher about retirement. They look at the three-legged stool of retirement — pensions, Social Security, and personal savings. Then, they explain why personal savings has become so important in recent years. They also cover why retirees need to think about longevity risk, cash flow, and other essentials as they plan their retirement.
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