Would you like to achieve a 37X change in your life by this time next year? According to productivity expert James Clear — and a little bit of math — that’s how big of an impact just a 1% daily improvement can make over time. Of course, the reverse...
Recently a long-time client sold a vacation home and placed the proceeds in her brokerage account. While on a Zoom call along with her son and daughter, she asked me if her account was FDIC insured. I wish this was a simple yes or no answer, but it’s not. Now, the...
We are always happy to provide a second opinion to friends and family of existing clients. On a recent Second Opinion discussion, we were asked if college expenses are deductible. College expenses are no longer tax deductible but some are eligible for a couple of tax...
If charity is part of your legacy plan, the best time to start giving back could be right now. Spending on other people is one of the most rewarding ways we can use our money. And seeing your generosity in action might give you some ideas on how to improve your legacy...
“Paul, I thought you said that I didn’t have to pay taxes on my IRA transfer…why did I get a 1099R?” We got his question a couple of weeks ago from a concerned client a few weeks ago like we do, on average, about twice per year. We get it. A client is told that their...
