Your estate plan isn’t just a set-it-and-forget-it kind of thing. It’s like a living, breathing document that evolves with you. Just as your life changes, so too should your estate plan. That’s why it’s crucial to review your will and other documents every 3-5 years to make sure they still… Read More
As we dive into the Medicare Open Enrollment period, it’s a great time to get a handle on your healthcare options. This annual event, running from October 15th to December 7th, is your chance to review, adjust, and potentially enhance your Medicare coverage. For many, navigating through the various plans… Read More
Readers may be surprised to know that in the process of interviewing clients to work with our firm, we often encourage them to continue self-managing their investments. While it is beneficial to any business to onboard more clients, people who are legitimately equipped to do it themselves can have success… Read More
Women face unique financial challenges when planning for retirement. Expectations that they will assume the majority of caregiving responsibilities toward children and aging or ill family members can hamper retirement saving options—plus, women tend to live longer than men, so in heterosexual relationships they require a greater pool of savings… Read More
The role of a financial advisor has evolved significantly over the past few decades. With advancements in technology, individual investors now have the tools to research, trade, and build portfolios directly from their smartphones. So, what value do advisors provide in this modern landscape? Traditionally, advisors… Read More
This week’s article discusses what to do with cash balances that have become unwieldy, something we’ve started to notice a lot more frequently with investors. Frankly, the significant increase in money on the sidelines due to attractive risk-adjusted returns from cash equivalents has been a pain point for many financial… Read More
Imagine a seamless transition from the burdens of property management to a diversified portfolio, all while maintaining your passive income stream. The 721 exchange program offers real estate investors a unique opportunity to reallocate their assets into more varied investment vehicles without triggering immediate capital gains taxes. This solution not… Read More
529 plans are powerful tools that allow family members and loved ones to save for a child’s education tax-efficiently. These accounts offer strategic education planning opportunities, but determining the amount to fund has proved challenging, as balances not used for qualified education expenses are subject to penalties and income taxes. Read More
Roth IRAs are a great tool for retirement and passing on wealth because they offer tax advantages and flexibility. By including them in your financial plan, you can grow your money tax-free, diversify your income in retirement, plan your estate better, and easily access funds when needed. While some people… Read More
In navigating the landscape of charitable giving, individuals often find themselves contemplating the most efficient and impactful means of supporting causes that resonate with them. Determining the optimal way to donate is not just about the amount contributed but also about the effectiveness of the contribution. Factors such as administrative… Read More
