August is National âMake a Willâ Month, and itâs a great annual reminder to update your will if needed and create a will if you donât have one already. A will is an important estate-planning document that can help you transfer your assets with ease. Having a proper will can
I know itâs mid-year of 2023, but are you thinking about your taxes and financial strategies for 2026? If not, you should be. We had this conversation with a client who is planning on selling their business soon, and they were surprised to hear that 2026 is such an important
The traditional retirement age in the United States is 65, the age at which most people are eligible to begin receiving full Social Security benefits. But many people feel the allure of leaving the workforce much sooner. Many Americans are deciding to retire earlier than planned, whether by choice or
I recently read an article on the US Debt Ceiling and thought it was did a great job explaining what’s going on. Below I have summarized the the article and posted a link to the PDF. I hope you enjoy it. US Debt Ceiling Info and History The US
DOWNLOAD THE PDF Spring is here and symbolizes a fresh start and new life. We hope this theme continues throughout 2023 in the market as well. Though the markets are up in 2023, it hasnât been without volatility or headlines. Between banks failing and countries moving away from the dollar,
We have had a number of clients come to us receently to discuss how to talk with their kids about money, saving, and investing. We are huge fans of talking with kids about money early and teaching them how you look at money, saving, and investing. For many parents, the
You may remember that in late 2019, Congress passed the Setting Every Community Up for Retirement Enhancement (SECURE) Act, which brought a wide array of changes to retirement planning and savings. On December 23, 2022, Congress passed another retirement bill, known as SECURE Act 2.0, which expands upon the 2019
For the first time in a long time, people are talking about US Treasuries as an investment option. This is largely due to the turmoil in the equity markets and the historic rise of interest rates in 2o22. But why would you want to invest in Treasuries? When it comes
We have a few clients with 678 Trusts and have found them to be an interesting estate planning technique. A 678 trust, also known as a qualified terminable interest property (QTIP) trust, is a type of trust that is commonly used in estate planning. This type of trust allows an
A Roth conversion is a process in which an individual converts funds from a traditional individual retirement account (IRA) or 401(k) plan into a Roth IRA. This type of conversion can be a powerful tool for retirement savings, as it allows individuals to pay taxes on their contributions up front