The financial planning and investment landscape changes at a dizzying speed – and often with conflicting messages. Read our team of experts’ advice on saving, spending, investing, retirement, taxes, giving and more to help you enjoy a full life.
The financial planning and investment landscape changes at a dizzying speed – and often with conflicting messages. Read our team of experts’ advice on saving, spending, investing, retirement, taxes, giving and more to help you enjoy a full life.
June 8, 2021
What factors have made your retirement so successful? This is the very question I asked Doug and Debbie over dinner in their Florida condo overlooking the Gulf of Mexico. I have been fortunate to know Doug and Debbie for over a decade, and they have truly mastered the art of retirement. Deb, as usual, cut […]
May 25, 2021
Many companies offer restricted stock awards (RSA’s) in their executive compensation packages to drive performance and attract and retain top talent. The challenge often lies with understanding the value and opportunities of these packages. Today we’ll discuss a very important but not-so-well understood topic, the 83(b) Election. RSAs vs. RSUs First, it’s important to note […]
May 18, 2021
There is an old (very old, I think) saying that goes something like this… “the cobbler’s children have no shoes.” The idea, of course, is that the cobbler is so busy making shoes for other people that he doesn’t take time to make sure his children have shoes. In my experience, lawyers can quite often […]
May 11, 2021
As you have likely heard by now, the $1.9 trillion American Rescue Plan Act is now enacted. The package expands relief provisions first introduced in the Coronavirus Aid, Relief and Economic Security (CARES) Act and creates new measures to provide relief to the American people. In this piece, we will specifically focus on how this […]
May 4, 2021
Not everyone needs life insurance. Some of those that do can be handled with simple solutions. Others may be best served by more complex planning. Determining Your Need for Life Insurance Insurance of any kind is simply a transfer of risk. Premiums are payments to shift the financial risk from you to the carrier. Life […]
April 27, 2021
When a spouse passes away, the list of things the survivor must do may seem endless. In the weeks following their death, there are decisions to be made, paperwork to be completed, and lots to track down. Suppose a surviving spouse is the primary beneficiary of a retirement account (such as a Traditional IRA, Roth […]
April 20, 2021
This past winter, I built an ice rink in our backyard. It was a labor of love—for every hour of work that went into it, we probably enjoyed about 10 minutes of equivalent ice time. Even with that trade-off, it was entirely worth the effort. Attempting to be a good neighbor in our new home, […]
April 13, 2021
The financial news outlets are always talking about the next hot stock. “Buy this stock, or you will regret it” or “It’s time to dump this stock; it’s done for!” When listening to the 24-hour news loop day in and day out, it’s hard for many investors not to feel a bit of FOMO (fear […]
April 6, 2021
The rise of unemployment and the increase in unemployment benefits resulting from COVID-19 has pathed the way for criminals to take advantage of state governments and their unemployment programs and filing systems, resulting in a significant spike in fraudulent unemployment claims all across the country. Criminals take on innocent people’s identities, using their social security […]
April 1, 2021
When people think about their personal philanthropy, they often envision giving weekly to their church or writing checks to an organization during an annual fundraiser. However, many people don’t realize that there are multiple other ways to give, some of which provide financial benefits above and beyond a simple tax deduction. While it’s true the […]
March 30, 2021
One of the common pain points for financial professionals (private equity professionals, investment bankers, and asset managers) that we hear is “I pay too much in taxes.” Most professionals typically are talking about income taxes; however, estate taxes often get overlooked. If you are a private equity professional, one of the great tactics unique to […]
March 23, 2021
President Biden recently signed the $1.9 trillion American Rescue Plan Act of 2021 (the “American Rescue Plan”). The package expands relief provisions first introduced in the Coronavirus Aid, Relief and Economic Security (CARES) Act from March 2020 and introduces new measures to help families and businesses. What does this mean specifically for you? Below is […]