New Year – Same Identity
January 7, 2020
Entering a new year can feel like a fresh start, a clean slate, with a fresh set of ambitious resolutions to make us better versions of ourselves. I want to challenge you to add one more resolution at the beginning of this year, take some time to make sure that your financial identity is properly […]
Long Term Care: Traditional or Hybrid Policies?
June 4, 2019
Long Term Care Environment Shifting Towards Hybrid Plans When reviewing our client’s insurance coverages, a question we’re often asked is whether to purchase long-term care coverage. To answer that question there are a lot of factors to consider from your family health history to your experience dealing with a loved one going through that difficult […]
InvestmentNews awards BDF 2019 Best Places to Work for Financial Advisers
April 10, 2019
Balasa Dinverno Foltz LLC has been recognized as a 2019 Best Places to Work for Financial Advisers as announced by InvestmentNews April 1, 2019. BDF was chosen as one of this year’s top-75 based on employer and employee surveys delving into everything from company culture, benefits, career paths and more. InvestmentNews partnered with Best Companies Group, an independent research […]
Tips for Buying Travel Insurance
April 9, 2019
With Spring Break on the horizon, many families are hustling to pack their bags, load up the family mini-van, and get out of Dodge for the week. And if they’re really in a hurry to escape the never-ending Midwest winter, hopping on the first flights out to the beach. With all of the planning that […]
Optimizing ‘Your Family’ Capital’s Balance Sheet
January 29, 2019
A critical input to understanding an operating company’s current health and growth potential is the balance sheet. The balance sheet is a great tool that can provide insight into the foundation of a firm. Financial professionals, including investment bankers and private equity professionals, spend countless hours advising companies on how to achieve their next goal […]
Protecting Your Children from Identity Theft
January 8, 2019
Protecting your personal identity has been increasingly important in recent years, as concerns of hackers, data breaches and email scams all potentially expose your most sensitive information to online users. However, what most families do not realize is that Mom and Dad’s account numbers and social security numbers aren’t the only ones at risk anymore. […]
“The Process” for Lawyers – Part II
November 20, 2018
It’s college football season, which is my favorite time of the year. When football season rolls around I tend to make everything into a football-based metaphor – even retirement planning. In my last blog post I wrote about “the process” for lawyers to help build a strong financial future which centered on a couple of […]
Business Buy-Sell Agreements: 3 Areas Need Attention
July 17, 2018
Buy-sell agreements govern the purchase and sale of business ownership interests when death, disability or other significant events happen. However, such agreements generally lack in three critical areas. Three areas that cause most concern are valuation, deadlock and retirement. Most often, owners put together buy-sell agreements that address the easy triggering events, death and disability, […]
The “Golden” Medicare Years – Enrollment Considerations
January 9, 2018
As a follow up to our blog, The “Golden” Medicare Years, part 2 discusses considerations as it relates to enrollment deadlines. There are two key situations explained below – turning age 65 and either having or not having access to group health insurance. Once you have accumulated 40 quarters of eligible work credit, you will […]
The “Golden” Medicare Years
November 7, 2017
Turning age 65 is a monumental time in life. For many it means years of hard work paying off in the form of retirement and entering the “golden years”. Age 65 is monumental in another way – Medicare eligibility. This is the time when most people will transfer from private health insurance to government insurance. […]
“Repeal” and “Replace (At a Later Date)”
June 13, 2017
The great debate between President Obama’s Affordable Care Act (ACA) and President Trump’s American Health Care Act (AHCA) has just begun. While the passing of the AHCA is the GOPs first attempt at reforming America’s health care, the final passage is still a long summer away. The House Bill that squeaked thru by a few […]