One very rewarding part of working with clients is helping people identify opportunities and plan for sharing family wealth and values. While the estate planning piece of our work together addresses how an individual’s assets will be distributed to heirs or other organizations upon death, an equally important goal for many clients is passing on family values.
With April 15 approaching (April 18 this year), many folks are searching for ways to reduce their tax liability for 2015 or identifying strategies that may lead to lower tax liabilities in the future.
One popular strategy that some higher income taxpayers may find attractive involves making non-deductible contributions to a Traditional IRA account. In other words, funding the IRA with after-tax dollars. The primary advantages of this strategy are
You may have noticed that more and more financial services firms are adding free, easy-to-use planning calculators to their websites. These span a variety of areas but one of the more popular tools is a retirement planning calculator.
You may have even used these yourself as a quick gauge for assessing your progress toward being ready for retirement.
We’re often asked for tips on teaching money basics to kids, even beginning at an early age, to help instill good money values for life.
The topic offers up a huge canvas that could be filled. But let’s start with a few basics. One of the simplest steps involves getting the child a piggy bank at a young age.
Santa got a jump start on his deliveries last week, leaving a number of attractions beneath the tree.
Savers and risk-averse investors were delighted by the long-awaited upward tick in interest rates, however small it may be.
Just when you think you understand . . . along comes change.
You’re probably aware that some important changes to the Social Security program were included in the recently passed Bipartisan Budget Act of 2015. These changes were signed into law in early November 2015.