Eclectic Associates

AI can now mimic voices convincingly enough to make a phone scam sound like a call from someone you love. It's a troubling development, and it's worth knowing how to protect yourself and the people around you.

We share four practical strategies for verifying whether a call is really from who it claims to be, including one simple step you can take with your family today.

AI Voice Scams: How to Verify It’s Actually Family or Friends Calling — Eclectic Associates, Inc. Scammers now use AI to mimic the voices of family and friends. Learn simple ways to verify whether a call is really from someone you know.

If you have a living trust, you may have been told to name it as the beneficiary of your retirement accounts. The reasoning sounds logical: The trust already has instructions for who gets what, so why not run everything through it?

In practice, it's not always the right move. We've put together a clear breakdown of how to think through this decision, including what usually makes sense for different family situations and what questions are worth asking before you finalize any designation.

https://bit.ly/4n0LyXC

Think Twice Before Naming Your Trust as Beneficiary — Eclectic Associates, Inc. We updated our guide on naming your trust as a retirement account beneficiary. Learn when it helps and when a simpler approach may serve you better.