Are your parents aging and or already experiencing difficulties managing and preparing their finances for their future, including a future where they may no longer be in control? Often times adult children find themselves in a situation where they are the primary caregivers of their aging parents.  Unfortunately, many people ...

When building our overall financial picture, we cannot forget those near and dear to us. This can include planning for our spouses, children, grandchildren, nieces and nephews, and many more! For this blog post I wanted to touch on life insurance, saving for the benefit of future generations, and making ...

The first version of the SECURE Act, which passed in December 2019 had two main walkaways for retirees:  It pushed Required Minimum Distribution (RMD) age back from 70.5 to 72 and   It eliminated the “stretch IRA” for beneficiaries, now requiring Inherited IRAs to be liquidated within 10 years of the ...

As the year-end nears, this is a good time to consider the benefits of gifting.  Gifting allows you to pass assets to beneficiaries in a tax-efficient manner.  Giving assets to your loved ones while you are alive has many benefits.  Gifting allows your beneficiaries to benefit from the gifts now ...