Steps to Help Protect Your Credit from Identity Theft
This step by step guide offers options for credit monitoring, credit freezes, and fraud alert to help protect your credit from identity theft.
Unique Planning Factors in the LGBTQ Community
Though the Defense of Marriage Act, which did not recognize same-sex marriages, was struck down five years ago, many challenges remain for those in the lesbian, gay, bisexual, transgender, and questioning (LGBTQ) community. These challenges create unique factors that must be considered when financial planning.
CCRCs: Another Way to Age in Place
When married couple Mara, age 67 and Lou, age 70, started thinking about the next phase of their lives they knew change was in their future. After raising three children and taking care of a large home for many years, they were ready to move to a community where the property would be maintained for them. They realized that living independently for the rest of their lives, while appealing in theory, might not be realistic.
Getting Ready for Maternity and Paternity Leave
For working parents-to-be, planning for your baby’s arrival means far more than picking out furniture, packing a bag, and having the doctor’s number memorized. There are also a number of work and financial issues to consider. Whether your maternity/paternity leave is for a few weeks or several months, this checklist will help streamline the transition from workplace to home and back again.
Making the Right Moves Your First Thirty Days after a Layoff
The first thirty days after a layoff are crucial to get back on track and put your motor in gear. Your first action steps must be goal identification, needs analysis, financial planning, and investment analysis. These steps could pay significant personal and financial dividends.
A Reminder on Satisfying Your Quarterly Estimated Tax Payment Obligations
It’s not uncommon for individuals to continue to work, perhaps in a different capacity or on a part-time basis, after they have retired from their full-time job. Many of our clients enjoy using their years of experience and knowledge to maintain an income stream and keep busy. But for those who used to benefit from the convenience of their employer’s payroll management, the estimated tax requirements of self-employment can come as a surprise.
On Their Own: Important Financial Info for Parents of College Bound Kids
This time of year brings back memories of anticipation for me and my family. It feels like only yesterday my twins were heading off to college, even though they are now independent adults.
Special Needs Trusts for Gifting and Inheritance
If you have a minor or adult child with special needs, financial concerns are likely top of mind. Often, family members or close friends want to help you by gifting to your child or leaving an inheritance to them. Though this generosity may be appreciated, there can be unintended side effects of gifting outright to someone who has special needs.
I’ve been named as the executor for my parents. What does that mean?
Your parents are updating their wills and possibly their trust documents, and they ask you a huge question: “Will you be the executor of our estate?” You may be honored and flattered that they trust you enough to give you that responsibility, but you may also be petrified because you do not know what it entails, and it sounds like it could be too much responsibility.
Financial Planning for a Loved one with Special Needs
As a former in-home therapist of children with Autism Spectrum Disorder (ASD), I will always cherish the many heartwarming moments with the children, the challenges we worked together to overcome, and the families who welcomed me into their homes as though I always belonged.