What the Tax Cuts & Jobs Act of 2017 Could Mean for You

There’s a lot of debate on whether the Tax Cuts and Jobs Act of 2017 will help grow our economy or add trillions in debt to the federal balance sheet. While only time will tell the true impact on the US economy, most of our clients are more concerned about the bottom-line impact on their personal taxes. At first blush, it appears some of our clients may see tax savings while others may wind up with more taxes due. To help give you an idea of how this could impact your taxes, I’ve listed several items that stand out to […]

Holiday Spending Tips

For many of us, autumn is filled with outdoor activities, spending time with extended family, and the start of an expensive holiday season. Before you hit the mall on Black Friday or make your online purchases on Cyber Monday, consider these tips for getting the most out of your holidays while minimizing your expenses. Please follow and like us:

Locked & Loaded

Identity Theft Revisited In the wake of the recent Equifax data breach, I thought I’d update and republish my article on identity theft from earlier this year. Identity theft is becoming a greater concern as our personal information becomes easier for thieves to access. While you can’t stop someone from hacking your employer’s or your favorite retailer’s data centers, there are things that you can do to reduce the likelihood of having your information stolen and minimize the potential losses if a theft occurs. Please follow and like us:

Locked & Loaded

Identity Theft Revisited In the wake of the recent Equifax data breach, I thought I’d update and republish my article on identity theft from earlier this year. Identity theft is becoming a greater concern as our personal information becomes easier for thieves to access. While you can’t stop someone from hacking your employer’s or your favorite retailer’s data centers, there are things that you can do to reduce the likelihood of having your information stolen and minimize the potential losses if a theft occurs. Please follow and like us:

How Can My Charity & I Both Benefit from My Gift?

While many same-sex couples have done some estate planning, few have truly created an estate plan as a couple. For example, most people name a beneficiary on their retirement accounts or insurance policies, but fail to name a back up or contingent beneficiary. As I tell my clients, it is important to have a back up just in case it’s a tie! Please follow and like us:

Social Security Income

Why early birds get smaller worms When considering Social Security income, most people think it best to take the income as soon as they are able. In most cases, this would be starting their income at age 62. While this strategy works for some, there are some other options to consider.   Please follow and like us:

Bonds: Preparing for Rising Interest Rates

Historically, people have looked to bonds for stability, income, and security. As people approach retirement, they tend to take a more conservative risk position with their portfolio. The more conservative people become with their investments, the more bonds they typically add to their mix. For some time now interest rates have been falling or have stayed relatively stable. If that trend changes and interest rates move up, then the value of your bonds may go down. Please follow and like us:

Prenuptial and Postnuptial Agreements for Same-Sex Couples

Although some same-sex couples may not want to admit it, divorce may be on the horizon for them. It’s the unfortunate reality in today’s world. With ambiguous laws and some states still not realizing certain types of civil unions, the division of assets could be much hazier when it comes to same-sex couples separating. If you are getting ready to tie the knot or enter into a partnership, it may be a good time to consider obtaining a prenuptial or postnuptial agreement to protect your assets. Please follow and like us:

Staying Diversified

Before money can be invested, the wise investor must believe in this crucial concept: don’t put all of your eggs in one basket. Asset allocation is the art of balancing risk and reward through the diversification of your investments into appropriate asset classes. It’s one instrument that helps to determine the appropriate blend between fixed and equity assets. It helps to smooth out the peaks and valleys that you find in the more volatile portfolio. Please follow and like us:

Strategies for Investing Cash

The stock markets are at all-time highs and don’t appear to be ready to change course any time soon. If you have a rollover from an old 401k or some saved cash, you may be asking yourself if this is the right time to invest that money. You may want to have your money invested right away so that you don’t miss the potential upside of the market, or you may want to wait on some or all of your investing for fear that the market may pull back. When clients come to me with cash to invest, I typically […]