If you get sick and hospitalized due to COVID-19, you will likely be immediately isolated from your loved ones, so the time is now to finalize any unresolved planning details. Get your documents in order Use these difficult times to...Read More
You may have financial questions - most revolving around money. How do I build more of it? How do I protect what I have? How do I transfer it tax efficiently to my heirs? How do I structure my charitable giving for maximum impact?
Tim Starkey, a Certified Financial Planner® and Chartered Financial Consultant® with over 15 years of experience discusses these topics and more. Tim loves talking to people about their wealth and helping them work towards achieving what is most important to them. Here, he discusses common money questions you may (or should) be wondering about.
Giving appreciated securities can be more beneficial than giving cash. One simple strategy to increase your gift to charity and your tax deduction is to give appreciated securities, such as stock, bonds or mutual funds. Donors who give...Read More
When we work with clients, we look at many “what if” scenarios – we plan for the unexpected that can truly impact their financial situation. This may include the loss of a job or income due to an unplanned event like...Read More
Market Corrections - 3 Ways To Turn a Negative Into a Positive 1. Opportunities For Tax Efficiencies - consider “harvesting” realized losses to help offset taxes on future gains and income. Remember, under current tax law,...Read More
On December 20, 2019 the President signed into law the Setting Every Community Up For Retirement Enhancement (SECURE) Act. Three key provisions include: 1. Increase in age for required minimum distribution (RMD) for retirement accounts...Read More
After factoring in federal income and capital gains taxes, the alternative minimum tax, and possible state and local taxes, your investments' returns in any given year may be reduced by 40% or more. Here are five ways to potentially...Read More
As the year end approaches, it is important to consider a variety of your planning needs as it relates to helping build, preserve, and transferring your wealth tax efficiently. Below is a sample list of just a few items to consider...Read More
“The essence of investment management is the management of risks, not the management of returns.” - Benjamin Graham Treating you as individual. The old way of assessing risk and stereotyping investors using words like...Read More
The risks to your wealth aren't only in the financial markets. 1. What is umbrella insurance? An umbrella insurance policy is extra liability insurance coverage that goes beyond the limits of the insured’s home, auto or...Read More
October is a great time to enjoy the changing colors of fall, the taste of spiced cider, and update your estate strategy. That's right, October is Estate Planning Awareness month, making it a perfect time to establish or revisit your...Read More
In projecting what you’ll need to save in order to generate enough retirement income, it helps to (1) prepare a realistic household budget and (2) understand what types of expenses you’ll have once you stop earning a...Read More