Let Insurance Protect Your Family’s Lost Income
December 28, 2020
Life insurance is an amazing fiscal tool when used properly. The good news is that life insurance has multiple applications which can make a huge difference to you and your family’s financial well-being. Few people…
Meeting Liquidity Needs at Death
November 25, 2020
It may be hard to believe, but it’s true: 30% of all American households don’t have life insurance. This calculates to about 37,000,000 American families that are unprotected when a death affects the family’s financial…
You Might Be Eligible for a Tax-Free COVID-19 IRA Distribution
October 29, 2020
Despite all the mayhem that COVID-19 has caused, the pandemic could provide a benefit that’s helpful to you and your family. The Coronavirus Aid, Relief, and Economic Security (CARES) Act provides that an eligible IRA…
Is This the Perfect Time for Your Roth IRA Conversion?
September 26, 2020
You may have a traditional IRA you’ve been thinking about converting into a Roth, but either you never got around to doing it or the timing was wrong because the conversion would have created extra…
Mid-Year Tax Planning in the Year of COVID-19
July 26, 2020
2020 is a year like no other. In the last six months our nation has seen the passage of three major pieces of legislation that made tax planning opportunities available and provided financial relief during…
Crafting Your Portfolio
June 29, 2020
Your portfolio’s design is a reflection of your investment philosophy. Before you can begin to craft your portfolio, you must have clear investment goals and objectives. You must also have completed your investment policy statement,…
Top Tax Planning Opportunities for 2019, Part 5
May 26, 2020
Top Tax Tip #9: Choose Your Filing Status to Skirt the 3.8% NIIT Since married people can file either jointly or separately, this important financial decision might best be made, in part, on their vulnerability…
Top Tax Planning Opportunities for 2019, Part 4
April 22, 2020
Top Tax Tip #7. Intra-Family Loans For families with estates that would otherwise have to pay the wealth transfer tax, intra-family loans have the capacity, when interest rates are low, to provide substantial tax-free transfers….