Travel Insurance In a Post-COVID World
If you expect to travel more in the coming months, travel insurance could potentially provide some peace of mind and reassurance in these still-uncertain times.
How to Manage a Windfall: Five Crucial Steps
More money, more potential problems? There are several issues that should be addressed quickly whether your expected windfall is from an inheritance, a business sale, a large bonus or winning the lottery.
Downsizing Your Home
I recently downsized from a larger home in a New Jersey suburb to smaller quarters closer to Manhattan. Anecdotally, I noticed many times in my former neighborhood that on the same day families would post “Congrats to the Graduate!” yard signs, “For Sale” signs would often appear right next to them.
LGBTQ Financial Planning: Looks Simple from Afar
As a LGBTQ financial advisor, my clients tell me they often hear some baffling questions. Maybe someday I won’t be surprised by the lack of awareness regarding the complexity around life as someone who identifies as lesbian, gay, bisexual, transgender, queer or questioning. But today, I continue to be astonished. This is why I focus my time on LGBTQ financial planning.
Proposed Tax Plan: Preliminary Perspectives
The Biden administration and the U.S. Treasury have recently announced several tax proposals, with policy debate now underway in both houses of Congress. Clarifications and details will emerge over the coming months as some proposals are amended or eliminated and new provisions considered. Any final legislation will likely differ from its current form. We are sharing our preliminary perspectives in this communication.
Collecting Collectibles? Consider this.
When you think of collectibles, the first things that may come to mind are your baseball card collection, the Persian rug in your living room, or the 1967 Ford Mustang in the garage. While these items may have sentimental value, they may also have monetary value.
To Roth or Not to Roth
A Roth conversion is simply the process of taking a pre-tax IRA (that grows tax-deferred until withdrawn) and converting it into a Roth IRA, paying the taxes now, and allowing it to grow tax-free until withdrawn. Roth conversions are generally good for people that pay at lower tax rates today than they anticipate paying in the future.
Trust and Estate Planning Strategies for LGBTQ Couples
Marriage equality helped to level the playing field for same-sex marriages. Even with this huge leap forward, there remains many legal inconsistencies from state to state for those who identify as lesbian, gay, bisexual, transgender, or queer (LGBTQ).
Building Investment Stamina Through Better Rebalancing
Two of my favorite lifetime pursuits are: (1) matching wits with brown trout on local streams, and (2) seeing clients reach their financial goals.
Painting Your Financial Planning Portrait with Your Tax Return
Whether you file your own tax returns or hire a tax preparer, it is a great sense of relief when your returns are filed, and you can check that off your list. But in financial planning, we say not so fast! We like to think of our clients’ income tax return as a vital part of your financial planning portrait.