End of Year Financial Planning

For some, it’s easy to put personal finances on the back burner during the last few months of the year. However, before the year comes to an end, it’s essential to review your finances. By doing so now, you can make the most of reviewing this year’s progress and plan for next year to help position yourself for a financially strong future. Here are some tips to help with your end of year financial planning:  Continue Reading End of Year Financial Planning

Read more

Too Good To Be True? 4 Black Friday and Cyber Monday Scams and How To Spot Them

Black Friday and Cyber Monday are two of the greatest days to score deals for holiday shopping. Unfortunately, with amazing deals plentiful, some scammers use these days to take advantage of shoppers looking for the greatest bargains on items they need. Try to shield yourself during this holiday shopping season by understanding the type of scams these criminals perpetrate and how to spot them. Continue Reading Too Good To Be True? 4 Black Friday and Cyber Monday Scams and How To Spot Them

Read more

How Financial Planning Can Help Prepare for LTC Costs

With the cost of long-term care (LTC) increasing year over year, considering how the costs of long-term LTC will impact your financial plan is essential. According to insurance company Genworth, the price of LTC services increased substantially in 2021 for specific settings due to the supply of professional labor and the growing aging society. Other… Continue Reading How Financial Planning Can Help Prepare for LTC Costs

Read more

Estate, Gift, and Generation-Skipping Transfer (GST) Taxation and Life Insurance: Estate Planning

Don’t let taxes steal your family’s financial security Life insurance can provide financial security for your family. However, if you don’t plan appropriately, taxes can greatly reduce the life insurance benefits actually received by your family. Although life insurance proceeds are generally received by the beneficiaries free of income tax, you need to understand how… Continue Reading Estate, Gift, and Generation-Skipping Transfer (GST) Taxation and Life Insurance: Estate Planning

Read more

The Financial Planning Process: Why and How  

Planning personal finances used to be the worry of the wealthy and their worry—usually preservation of wealth—was attended to by teams of trust officers and lawyers. Many of today’s middle class families have different concerns: funding retirement; educating children; protecting assets; and coping with unexpected changes in health, employment, and marital situations. But, whether your… Continue Reading The Financial Planning Process: Why and How  

Read more