Preparing your estate can be complicated, and if you're a part of a blended family, estate decisions can be even more complex and nuanced. Blended families take on many forms but typically consist of couples with children from previous relationships. Here are a few case studies to help illustrate some of the challenges. Case Study [...]
Breaking Down The Basics Whether your 65th birthday is on the horizon or decades away, understanding the different parts of Medicare is critical, as this government-sponsored program may play a role in your future health care decisions. Parts A & B: Original Medicare. There are two components. In general, Part A covers inpatient hospital care, [...]
Most children stop being “and-a-half” somewhere around age 12. Kids add “and-a-half“ to make sure everyone knows they’re closer to the next age than the last. When you are older, “and-a-half” birthdays start making a comeback. In fact, starting at age 50, several birthdays and “half-birthdays” are critical to understand because they have implications regarding [...]
Want to give your child or grandchild a financial head start? A Roth IRA might be a choice to consider. Read on to learn more about how doing this may benefit both of you. Rules for setting up a Roth IRA. If your teen has an earned income, you may be able to set up [...]
Account Takeovers - What Account Takeovers Are and How to Defend Against Them What is an Account Takeover? Account takeovers occur when an unauthorized user gains access to an account. The severity of the takeover depends on a variety of factors, including what account they gained access to, what their intentions are, and how long [...]
How call center scams work and how to avoid falling victim Have you ever received a call about your cars extended warranty? Or perhaps from a company posing to be an IT solution about your computer that needs fixing? In today’s everchanging, technological landscape, the reports of scam calls have been growing at an unprecedented [...]
Creating a Budget for Dog Parenthood Are you thinking about bringing a loyal, frisbee-chasing, treat-seeking, sock-stealing, face-licking, tail-wagging, bed-cuddling Canis familiaris into your life? If so, you’re in good company. According to Forbes Advisor, 65.1 million U.S. households own a dog, making it the most popular pet by far (cats are second, at 46.5 million [...]
The Debt Ceiling – My favorite client FAQs There’s a lot of talk about the Debt Ceiling. What is the Debt Ceiling and should we be scared that the US is coming up quickly on our debt ceiling? What is the debt ceiling? The debt limit, also known as the debt ceiling, is the total [...]
Many investors have more than one investment account. They have a 401k at work, an IRA, a Roth IRA, and one or more non-retirement investment accounts. How you name each one is very important. That’s called Asset Titling. Correctly titling your asset accounts can help ensure that your property and investments are passed down [...]
Pay It Forward - Teach Your Kids About Money & Kiddie Roth IRA! Looking To Teach a Child Some Important Money Lessons? Consider a Roth Custodial IRA. You started early and have saved hard in your 401(k). You’ve also paid close attention to your investing strategy over the years. And you definitely understand the [...]
