Category Archives: Financial Planning

10 Years and Counting: Points to Consider as You Approach Retirement

If you’re a decade or so away from retirement, you’ve probably spent at least some time thinking about this major life change. How will you manage the transition? Will you travel, take up a new sport or hobby, or spend … Continue reading

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Financial Advice for the Newly Divorced

If you find yourself amongst the recently divorced population, you may be feeling not just the loss of a partner, but also the absence of the second paycheck. Chances are pretty good that you have lived your life based on … Continue reading

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Financial Advice for the Newly Married

Congratulations on finding the love of your life and pledging your commitment to each other! Now that the honeymoon has passed and you have begun to adjust to your new life together, it is time to set yourselves up for … Continue reading

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How to Calculate Your Own Personal Net Worth

Whether you are curious or have a specific reason for calculating your own personal net worth, there are many factors that you have to take into consideration. Knowing your personal net worth can help you plan for events such as … Continue reading

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Financial future as a graduation gift? It’s easier than you think!

As you begin to shop for the new graduates in your life, consider the case below and think about giving them a step in the right financial direction. While many advisers look for Millionaires (I don’t mind working with them … Continue reading

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Keep Track of Meal & Entertainment Expenses

When looking for deductions to add to your taxes, don’t overlook your meal and entertainment expenses. These types of expenses must be “ordinary” and “necessary” to your business or trade and must be “directly related to” or “associated with” the … Continue reading

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Reverse Mortgages: A Salvation For Seniors?

In recent months, we have seen a growing number of celebrities on TV promoting reverse mortgages. In today’s economy, many retirees are faced with mounting debt and inadequate incomes. For many, their home is their most valuable, and perhaps only, … Continue reading

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Client Letter: Year End Planning for 2012 (Businesses)

Dear clients, As the year draws to a close, it’s important that we calculate the expected taxable income or loss of your business and determine if there is anything we can do before the end of the year to mitigate … Continue reading

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Client Letter: Year End Planning for 2012 (Individuals)

Dear Clients, It’s that time of year where we should think about preparing an estimate of your current year tax liability and see if there isn’t some way we can reduce that liability. There are several things to consider when … Continue reading

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A Lower Stock Market Can Help Estate Plans

Even though the stock market has been rebounding since March, it’s still down significantly from where it was before it started tanking a year ago. If you have a sizable estate, you might very well have watched it shrink over … Continue reading

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