Topics
Topic:
Family Planning
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The Financial Implications of Fluffy: Costs to Consider Before Becoming A Pet Owner
Animals are just plain cute and can bring so much joy to your life, but like children, they are not cheap especially if you choose to care for your pet properly. Whether you choose to adopt or buy a pet from a store or breeder, there are several costs to consider over the life of…
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Thoughts Before Funding a 529 College Savings Plan
Watching your college savings grow tax-free with a 529 college savings plan feels great, but failing to follow the rules could come with penalties and taxes that you’ll regret. To avoid that, take a moment to learn the basics. College costs have outpaced inflation. Looking back at the last decade, the 10-year historical rate of…
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Mo’ Money Mo’ Problems
These problems are of the first world variety so we can start off by being grateful for them. Now onto the “problem”. You are generous and want to give a trusted friend or family member some cash. Handing money over to a trusted friend or family member can (unfortunately) be more complicated than you want…
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Tax Efficient Ways to Gift
Although some of these strategies may be changed or repealed if the proposed tax law changes that impact estate and gift taxes are passed, there are several ways you can gift to ultimately lower the value of your estate or tax liability for the year. Make gifts outright to anybody The annual gift-tax exclusion is…
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Navigating the Death of a Loved One
The death of a loved one can be devastating and emotionally overwhelming. Over the coming weeks and months, you will be faced with unfamiliar but important decisions. Employ the help of loved ones and trusted advisors to assist with these responsibilities. Please remember that many people, such as family, friends, and professional and spiritual advisors,…
