Thoughtful Endings Pave the Way for Intentional Beginnings: Why Curating Your Exit Plan Today is Vital for Tomorrow
Building a business can be a labor of love. Often times it is the investment of a lifetime. Whether you are building a business you intend to pass on to a successor, positioning it for a merger with another business, or you intend to sell it in an acquisition at some point, a thoughtfully curated […]
Cash is King: How to Build Your Emergency Funds and Short-term Savings
At any stage of life, having an emergency fund in place can offer peace of mind and the resources you may need in the event of a sudden, unexpected event. An emergency fund is essentially cash you have saved that would cover a minimum of three to six months of living expenses. As interest rates […]
Planning Your Estate: How a True Wealth Financial Binder Can Help
Recently, I’ve found myself and many of my clients watching our parents’ age. Along with that, we’ve seen the struggle that can ensue when they are trying to manage their affairs. If your parents are beginning to need a little more support around the house like mine are, you might also want to think about […]
Tax Changes and Key Amounts for the 2022 Tax Year
Even though tax filing season is still months away, this is actually a great time of year to start thinking about next year’s return. After all, the more tax planning you do, the more money you may be able to save. And if you see something now that can reduce your 2022 tax bill, there’s […]
How Diversifying Your Portfolio Can Mitigate Risk
Risk is an inherent part of investing. After all, no one can control the losses or gains of a particular asset, sector, or the market as a whole. But you can take steps to manage your risk by diversifying your portfolio. Here’s a look at what diversification is, why it matters, and how to do […]
Evaluating Your Executive Stock Options
As part of your compensation package, your company might offer you stock options to supplement your salary. While they can be a valuable form of compensation, they also leave you with plenty of decisions to make about how and when to use them. It’s important to understand the ins and outs of stock options to […]
The 2021 Child Tax Credit: An Overview
The tax give-back for parents of young children is different in 2021 Every year, the Child Tax Credit reduces the tax liability of American parents. If it lowers their tax burden below zero, it can even put money in their pockets. The credit’s size increased following the Tax Cuts and Jobs Act of 2017. And […]
Four Good Ways to Protect Your Assets During Divorce
High net worth couples tend to face several unique and specific issues during a divorce. Last month, I wrote about the divorce team you need for your high net worth divorce; this month, we’re talking about how to best protect your assets and preserve your wealth. Before we dive in, the first thing you need […]
Investment Advice for Women in Transition
According to AARP, almost two-thirds of women between the ages of 40 and 79 have experienced a significant financial transition (source). These transitions typically include things like divorce, widowhood, or retirement. Life transitions can be very unsettling, whether expected or unexpected and create emotional challenges and financial challenges for women. Men face these transitions, too, […]