Did you know that probate fees can consume up to 3-7% of your estate's value? For a $500,000 estate, that’s $15,000 to $35,000 that could have gone to your loved ones. -Greiner Law Corporation
Did you know that the probate process can take an average of 16 months to complete? During this time, your heirs may face financial strain due to delayed access to their inheritance. -Legacy Assurance Plan
Did you know that without proper planning, up to 40% of your estate could go to taxes? States like Iowa, Nebraska, Kentucky, Pennsylvania, New Jersey, and Maryland impose inheritance taxes, which can substantially reduce the amount your beneficiaries receive. -World Population Review
Did you know that if you die without a will, state laws determine who inherits your assets? This process, known as intestate succession, may not align with your personal wishes and can lead to unintended beneficiaries. -LegalZoom
Did you know that without an advance healthcare directive, medical decisions may be made by someone appointed by the court? This can result in choices that don't reflect your preferences during critical health situations. -LegalZoom
John Davenport has his undergraduate degree from the University of Notre Dame, his MBA in Finance from Fordham University, and his law degree from Pace University.
John's professional licenses include FINRA Series 6, 7, 63, and 65. John is also a fully licensed insurance broker as well as a licensed attorney in the states of New York and Connecticut.
Before founding Davenport & Associates in 1997, John served as a corporate office for TIAA – CREF, an attorney for a large estate planning firm in New York, and as an Executive Vice President and Wealth Planner for Merrill Lynch.
John is a member of the New York and Connecticut State Bar Associations and a Fellow of the Life Office Management Association.
John has been seen on Connecticut Channel 12 and has been quoted in articles in the Journal News and other business publications. John Davenport won the 2006 Forbes Small Business Award and
Davenport & Associates was featured in the May 2010 issue of Forbes magazine.
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