We frequently advise the owners of small businesses as they begin to think about the day they will step away. For some, the primary objective is to cash out the business as quickly as possible for as much money as possible. For many, however, the business is their...
Fewer taxpayers are itemizing in the wake of federal tax reforms. You may be one of them, and you may be wondering how many receipts, forms, and records you need to hold onto for the future. Is it okay to shred more of them? Maybe not. The Internal Revenue Service has...
We believe that most everyone would be better off if they applied the power of process to their financial lives. Having a well-defined process provides consistency, thoroughness, and efficiency. This line of thinking is at the crux of the Integrated Core Process that...
A Merrill Lynch/Age Wave report shows the money stresses family caregivers face. During our parents’ last years, my sister and I wound up becoming their “financial coordinators,” handling everything from getting their bills paid to balancing their checkbooks to...
