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Are You a Candidate for a Living Trust?

Complex Financial Situations Call for a More Sophisticated Estate Plan

29 September 2021

Are You a Candidate for a Living Trust?

In my last few chats with you, we’ve been discussing estate planning, and in a previous blog, I tried to simplify estate planning by using a pie metaphor…a cherry pie, cut in half. Today, I thought
I would change it up to a pizza pie. One-half of the pie is will-based planning, and the other half is trust-based planning. Both are important parts of your overall wealth management process, and your financial advisor and estate attorney are key to helping you decide which is better for your situation.

Let’s look further into trust-based planning.

Seven Strategies to Help You Build A Bigger Nest Egg - Even if You're Playing Catch-Up

It’s Never Too Late to Get Started

29 September 2021

Seven Strategies to Help You Build A Bigger Nest Egg - Even if You're Playing Catch-Up

Have you begun to save for retirement? It is never too early to start planning for your retirement, and in a perfect world, we would all start saving for retirement at age 25 and life would never throw any curveballs to send us off track. Of course, this is far from a perfect world, and that's why so many Americans find themselves playing catch-up and carrying anxiety about never achieving their retirement savings goals.

Today, I want to offer you some powerful techniques you can use to accelerate your savings right now - even if you've waited longer than you would hope to begin saving. Below, we’ll look at seven tactics to help you get serious - and successful - about your retirement nest egg.

11 Tax Changes You Need to Know in House Democrats’ Plan

What you need to know about the recent tax proposal and potential planning opportunities

22 September 2021

11 Tax Changes You Need to Know in House Democrats’ Plan

In the past week, you may have seen that the House Ways and Means Committee released a draft of significant tax legislation.  While the bill will not be debated in Congress and finalized in the weeks to come, I want to summarize eleven key proposed changes so that you can start taking action before the legislation is signed and specific planning windows are closed. 

Securing a Financial Future for Your Second Marriage

A Checklist to Help You Start This New Chapter on Firm Financial Footing

21 July 2021

Securing a Financial Future for Your Second Marriage

Who doesn't love second chances? Second marriages often bring with them a renewed optimism for the future. After all, you're getting a second chance at “happily ever after.” The best part is that now you have the benefit of more life experience and wisdom.

On the other hand, you're likely to have a significantly more complex financial life than you did going into your first marriage. This means you and your partner must be thoughtful and savvy about how you will manage your finances.

The following seven steps can help you cover your bases and ensure you remain on firm financial footing as you enter this new phase of life together.

Five Steps Single Parents Should Take to Safeguard Their Family’s Financial Future

Build a Strong Financial Foundation Following these Savvy Strategies

21 July 2021

Five Steps Single Parents Should Take to Safeguard Their Family’s Financial Future

In a two-parent household, raising children can be quite the task. Raising children as a single parent brings additional challenges, stressors, and responsibilities – many of which are financial.

Though financially stressful, it’s important to remember that it’s possible to raise a child on your own and have a stable financial life. It merely requires discipline and planning. So, if you’re a single parent and feeling a bit overwhelmed, use these steps as a guide to help you achieve financial security.

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