Why disability insurance matters
Most people insure their home, their car, and their life. But what about their income? That’s what disability insurance is for. If you become sick or injured and can’t work,… …
What happened to long-term care insurance?
Once the cornerstone of retirement planning, long-term care (LTC) insurance has quietly slipped out of the spotlight. Over the past two decades, the LTC market has changed dramatically. Rising premiums,… …
How to prepare wealthy kids for wealth (without spoiling them)
In affluent households, teaching kids about money comes with unique opportunities and responsibilities. These children often benefit from a distinct set of advantages, like access to high-quality education, financial safety… …
How men and women approach estate planning differently
Estate planning is an essential part of the financial planning process. It is your opportunity to choose how your financial and personal wishes are carried out after you’re gone. Your… …
Using gifts and inheritances to improve your financial wellbeing (without the guilt)
Receiving an inheritance or a significant gift from friends or family is often an emotionally complex experience. On one hand, there’s gratitude for the generosity or legacy passed down to… …
Document checklists for tax filing season
The time has come to start preparing for the upcoming tax season. Whether you file on your own or work with a tax professional, streamline the process by keeping your… …
Year-end tax planning: Maximize your portfolio’s efficiency with tax-loss harvesting and custom indexing
As year-end approaches, it is an excellent time to evaluate your taxable investment portfolio for potential tax-efficient adjustments. The decisions you make can significantly impact your overall returns, in the… …
IRS rule changes: Non-spousal beneficiary IRA withdrawals
The IRS recently clarified significant changes to the rules governing how non-spousal beneficiaries withdraw funds from inherited Individual Retirement Accounts (IRAs). These updates stem from the SECURE Act of 2019,… …
Relationship finances – merged, separate or hybrid?
Deciding how to handle money with your significant other can often be a daunting and complex undertaking. Money has a direct impact on your relationship, affecting everything from day-to-day decisions… …
Soon-to-be retirees: Transitioning from saver to spender
Retirement is a major financial milestone – the culmination of decades of hard work and diligent saving. If you have spent most of your life focused on accumulating wealth to… …