Like every other area of personal finance, the stock market during and after the coronavirus pandemic will look much different than it did before it. This first became evident in mid-March when the stock market took a huge one-day plunge to rates not seen since the national economic crisis of 2008. The uncertainty towards the …
Investment Tips During and After the Coronavirus Read More »
In 2017, estate planning legislation passed by Congress made it easier for Americans to provide tax-free financial gifts to their children and grandchildren. That legislation granted a 40 percent levy to those with the largest amount of inheritance money. It also made more people eligible to avoid the gift tax and the United States estate …
How to Take Advantage of Historically Low Interest Rates for Estate Planning Purposes Read More »
It can fill you with pride and satisfaction to pass on money to a family member or a charitable organization whose mission you support. However, you must follow the proper steps to ensure the gifting is legal and that it doesn’t leave you on the hook for large estate taxes, capital gains taxes, or other …
How to Give Away Your Money Legally While Reducing Your Tax Burden Read More »
You have a different mindset towards your investments in retirement than you did during your working years. Back then, you built your investment portfolio based on whether you felt comfortable with conservative, moderate, or aggressive risk. Now that you are no longer actively contributing, you probably feel more concerned with achieving consistent performance rather than …
It surprises some people to learn that anyone can make a starter investment, regardless of how much cash they have on hand. The first step is as simple as consciously thinking about your financial goals. Having specific targets makes it more likely you will make sacrifices if necessary as well as keep you on track …
These are the basic details of loans available to businesses. They are unbelievable unless regulations put limits on these loans: This new law lets any business borrow 2.5 months of payroll, benefits, interest on loans and lease payments. The loan is made through a bank that is an SBA approved lender and is guaranteed by …
The CARES Act Opens Floodgates to Free Money for Businesses Read More »
Preparing Your Business for the Effects of the Coronavirus – Emergency Business Planning With the rapid onslaught of the Coronavirus already disrupting business operations in the U.S., there are three ways you can face the future: panic, do nothing, or plan. As we work with business owners through these tough times, we know the best …
Preparing Your Business for the Effects of the Coronavirus – Emergency Business Planning Read More »
You have taken an important step towards securing your financial future by making the decision to hire a financial advisor. That’s the good news. The challenging part is interviewing several financial advisors until you find the right one. This is especially true when you aren’t sure what to ask this professional. We recommend asking the …
Ask These Four Questions Before Hiring a Financial Advisor Read More »
Teaching your children the value of early investments can help them become savers from a young age. As soon as they’re old enough to understand the concept of money, sit down with your kids to explain how money can grow over time when they invest it. Before you get to that step, however, consider the …
Investment Options Parents Can Make for Their Minor Children Read More »
You want a secure financial future but feel uncertain about the best ways to make that happen. Many people in your position get to the point where they consider the question of saving vs. investment. Which one you should do first or whether you should plan to do both depends on your financial goals for …
Save vs. Invest: Which One is the Right Option for You? Read More »
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