Generation X is classically defined at people born between the years 1965 and 1979.    Pretty much those of you in your early 30’s to the mid 40’s.  However, having given personal financial advice to thousands …

Generation X is classically defined at people born between the years 1965 and 1979.    Pretty much those of you in your early 30’s to the mid 40’s.  However, having given personal financial advice to thousands …

Generation X is classically defined at people born between the years 1965 and 1979. Pretty much those of you in your early 30’s to the mid 40’s. However, having given personal financial advice to thousands …

Generation X is classically defined at people born between the years 1965 and 1979.    Pretty much those of you in your early 30’s to the mid 40’s.  However, having given personal financial advice to thousands …

Generation X is classically defined at people born between the years 1965 and 1979.    Pretty much those of you in your early 30’s to the mid 40’s.  However, having given personal financial advice to thousands …

Generation X is classically defined at people born between the years 1965 and 1979.    Pretty much those of you in your early 30’s to the mid 40’s.  However, having given personal financial advice to thousands …

Generation X is classically defined at people born between the years 1965 and 1979.    Pretty much those of you in your early 30’s to the mid 40’s.  However, having given personal financial advice to thousands …

For three years now, we have been teaching individuals and families to begin thinking about their family finances like they were running a business. We know that in every business the two major dashboards are …

Last article we talked about FAFSA forms, federal student loans, and the process of when you should be filing for financial aid.   Many people get confused from the multitude of different loans that are available …

A few weeks ago I wrote two articles outlining the types of assumptions you should consider for college education within your overall financial plan.   I also shared a number of different savings vehicles you could …

Last week I discussed some of the assumptions you should be thinking about when it comes to planning for the goal of paying for your children’s college education.    Once you figure out …

You get home from work one day and your child has the magical letter to open from that college or university that you both always dreamed they would attend.   It’s possible the school …

One of the most overlooked parts of an overall financial plan is the benefits package you receive from your employer.   Last week I reviewed the area of disability insurance and how to …

One of the most overlooked parts of an overall financial plan is the benefits package you receive from your employer.   Last week I reviewed the areas of life insurance.    For younger …

One of the most overlooked parts of an overall financial plan is the benefits package you receive from your employer.   Two weeks ago we talked about health insurance and the decisions that …

One of the most overlooked parts of an overall financial plan is the benefits package you receive from your employer.   Making benefits decision can often be a difficult process.  Most of the …

Part of any good business plan is an exit strategy if the unexpected happens.  A good Buy-Sell Agreement should anticipate certain unfortunate but foreseeable events, and make sure a fair and reasonable …

The most fundamental detail of any Buy-Sell Agreement is defining what circumstances will trigger a buyout.  Buyout payment terms should be carefully tailored to each triggering event.  Here are a few …

Part of any good business plan is an exit strategy if the unexpected happens.  A good Buy-Sell Agreement should anticipate certain unfortunate but foreseeable events, and make sure a plan is in place …

One of the trickiest details of a good Buy-Sell Agreement is determining the purchase price to be paid for a departing owner’s interest in the business.  Most Buy-Sell Agreements create a formula to …

For many business owners, the value of their business is one of the largest components of their overall net worth, and the business itself is the result of years of hard work …

Did you just wipe that sweat off your brow now that another tax season is coming to a close?   It came down to that very moment where you looked at your accountant …

Part of putting together an effective tax management strategy is gaining an understanding of what you can and cannot deduct from your tax return.  Every CPA or accountant seems to have a slightly different slant …

Don’t you wish that you had a crystal ball to know what the tax rates will be 20 years from now?   In 1970, the top tax marginal tax rate was at 70%.   …

Every year I witness the same thing happen when it comes around to income tax time. People begin scurrying like little mice looking for all of their documents, get them to their …

Last week in Retirement Planning 101, I discussed the different types of investments used in retirement plans. If you do a good job saving during your working career, the most difficult phase …

Last week in Retirement Planning 101, I discussed the different types of retirement vehicles you could use to plan for retirement.  Sometimes I think of these vehicles like a coffee cup.   Each …

Last week in Retirement Planning 101, I discussed what kind of assumptions you can use to figure out the island we call ‘your number’.  Once you figure out your number, there are …

You often see the commercials on television today asking the question, “What’s Your Number”?   What they are really referring to is the notion of how much money do you need in order …

How do I protect assets for my kids after my spouse and I die?
If your kids are still minors, then the laws in your state likely prevent them from owning property until they reach a …

First, a Living Trust is a trust you set up to hold your property and to govern the use and distribution of your property during your lifetime, during any period when you are incapacitated, and …

What happens if I die without a Will?
First, a little context is required. If you own any property when you die, then your surviving spouse or family will need to go through a legal process …