Published: August 19, 2021
A limited liability company (LLC) can cut estate and gift taxes on wealth transferred from the LLC managers to its other members. These transfers reduce the size of the managers, estate and thus their potential tax burden.
Published: August 11, 2021
Legacy planning decides who will receive your assets and take over your responsibilities after your death. It takes careful planning to protect and preserve your legacy for more than just the next generation. A thorough legacy plan can help keep your money together for many future generations.
Published: May 26, 2021
For many people, a 529 savings plan offers an opportunity to achieve an important life goal and improve overall financial health. As college and university administrators determine how higher education will look in the future the benefits of a 529 plan have never been more meaningful.
Published: May 4, 2021
Individual retirement accounts (IRAs) are one of the most common assets people rely on to save and invest for retirement. If you own an IRA, then you should be as familiar as possible with the rules that govern your account.
Published: March 23, 2021
A financial professional can help you allocate your assets to balance returns with risk, but they also add value by providing guidance that can help you avoid costly mistakes.
Published: March 9, 2021
Most people have a difficult time evaluating financial advisors. That's because financial advisors are not all the same, there are different types for different people. If you want a solid working relationship that helps you make smart financial decisions, it pays to understand these differences.