How Do You Measure a Life Well-Lived – And How Will Your Children?
Is a life well-lived measured by how much wealth we acquire or is it measured instead by the condition in which we leave our relationships? Leona Helmsley ran a real estate empire…
How to Deal with the Death of a Spouse From a Financial Perspective
It will come as no surprise that the death of a spouse is consistently listed as one of the most stressful life events a person will face. Death is part of life…
What to Expect from President Trump’s First 100 Days in Office
President Donald Trump was sworn into office on January 20, 2017, beginning the important first 100 days in office. The stock market had already greeted the incoming president with a rally…
Should your spouse be your life insurance beneficiary?
A spouse may not be the best beneficiary for your life insurance policy
Don’t Retire Broke!
The New Three-Legged Stool A Tax-efficient Approach to Retirement Planning was published in June of 2009. People had been told for years that they would be in a lower tax bracket…
Consider all of your alternatives before starting a foundation
The Clinton Foundation has been in the news lately. The former President of the United States, William J. Clinton, started the foundation in 1997. It is the nonprofit corporation used…
The Rules for Medical Deductions Are Changing for Those Age 65 and Older
The rules for medical deductions are changing for seniors ages 65 and up.
Retirement Withdrawal Mistake #1: Killing the Goose that Lays Golden Eggs
Withdrawing extra funds from your retirement account can diminish your future income stream.
Differences Between Spousal and Survivor Benefits, Explained
What you need to know about spousal and survivor benefits.
Variable Annuities: How To Evaluate Whether You Should Keep One
Unfortunately, it is not uncommon to meet prospective clients who attended an “informational” seminar, got a nice steak dinner, and ultimately purchased an annuity that may cost them thousands of dollars…
This Is Why You Got a Form 5498 After Filing Your Taxes
It doesn’t mean you missed something when you filed your taxes.
Could You Be Obligated To Pay a Parent’s Nursing Home Bills?
Pennsylvania’s Superior Court ruled in Savoy v. Savoy that an indigent mother could sue her adult son to pay her overdue nursing home bills. The case was decided in 1994…
What It Means When Your Account Is “Insured”
Deposit insurance depends a lot on what kind of account you have and what is actually held inside the account. You should understand how accounts are insured before you make a deposit.…
Why Standard Deviation Matters When Choosing Investments
Volatility often causes people to make decisions that may not be in their best interest.
Medicare’s 50th Anniversary: Remember When
How has Medicare changed life for seniors in this country?
Don’t Overlook the Importance of Tax Efficiency
Tax efficiency is another important key to assuring you don’t outlive your money.
Three Key Assumptions To Make in Financial Planning
When comparing results between retirement projections make sure you understand the assumptions of each plan.
Income Tax Traps: Don’t Let Them Trip You Up
Whatever happened to tax reform? National news has been focusing on different issues recently but the effort to reform the tax code is far from finished. Unfortunately our two political…
Fiduciary vs. Suitability Standard
Would you be surprised to learn the financial services industry doesn’t follow a uniform standard of care? The financial advice you receive from a bank, credit union, brokerage firm, or independent financial…
Estate Planning: What You Should Know About Asset Titling
I recently met with a couple who had just received a sizable inheritance from the wife’s father. An event like this usually raises questions about the impact on their financial plan, tax…
