Baseball teams are in the midst of spring training, with the season’s opening day less than a month away. During this training period, players concentrate on better executing the game’s fundamentals, such as positioning, throwing, fielding and batting.
Just 20 short years ago estate planning focused primarily on deciding who you wished to inherit your assets, identifying how they would be transferred following your death and then having the appropriate legal documents prepared.
The New Year frequently motivates folks to think about money issues — specifically improving one’s finances. But sometime folks then delay any action because they’re unsure what’s best, prefer to avoid thinking about details or find some other reason.
Thanksgiving is just a week away, yet that doesn’t mean your finances should be on auto pilot for the remainder of the year. You still have time to plan wisely and take action that may benefit your tax bottom-line. Here are a few ideas for moves that may prove worthwhile taking before year end.
This is the time of year when many mutual funds and exchange traded funds are busy tallying up investment earnings for the year, in advance of making any needed distributions prior to the fund’s fiscal year end. The fiscal year end falls in November or December for many of these funds.