Take a Great Vacation! – Here is what you can afford, and how to do it.

Posted on Jan 30, 2017

It seems safe to say, that most everyone loves a good vacation from time to time. It takes us away from our every-day routine, and places us somewhere else where we can ‘disconnect’ and explore another geography or lifestyle.  Then we return home, and reality hits us hard. Not only are we back to work and our daily routine, but we also are faced with paying the expense of these recent travels. We’ve all been told that experiences last longer than material items, and consequently this article is about how to make these dream vacations come true. First, let’s talk about what you can...

Read More

Dropping the Investment “F-Bomb” … FRUGAL

Posted on Mar 21, 2016

All of us were taught at an early age (some better than others), that dropping an “F-Bomb” was simply not appropriate. In the wealth management circles, however, an alternate way to define what an “F-Bomb” is may be using the word frugal.  Using the word frugal in every day conversation to describe someone’s spending habits is sometimes a polite way of saying they are cheap, and consequently few really care to live and be described as frugal. A wealth manager, on the other hand, should strive to be a client’s number one advocate of frugality, and our firm proudly wears that...

Read More

2015 Tax Tips

Posted on Mar 9, 2015

April 15th will soon be at our doorstep and 2015 brings some tax changes that make planning ahead important.  Employer Plan Contribution Limits.  The contribution limits for 401k plans, 403b and 457 plans is now $18,000 for 2015, a $500 increase from 2014.  The catch-up contribution limit increases to $6,000 in 2015 for a total contribution limit of $24,000 for employees age 50 and older.  If you are maximizing your contribution into your employer plan, make sure you update your payroll deferral amounts to reflect the change.  IRA Contributions.  If you weren’t eligible to...

Read More

A Financial Advisor’s Ideas on How to Simplify Your Personal Finances

Posted on Jan 26, 2015

Consolidate your investment accounts – As life progresses it is almost inevitable that people begin to accumulate different types of investment accounts held in different places. It may be because you had a job change, inherited some assets, or maybe just spontaneously opened a new investment account somewhere when the need arose. Yet as time has progressed you now have multiple investment accounts at multiple locations, and have a very hard time keeping track of them, not to mention what they are invested in. Consolidate these accounts into one location and not only will you find it much...

Read More

A Guide to the Living Trust

Posted on Apr 11, 2013

Contents (click to jump to a section): I. What is a Living Trust, history of the Living Trust, And who should have a Living Trust? II. Advantages of using a Living Trust III. Disadvantages of a Living Trust IV. Is a Living Trust all I need? V. Types of trusts VI. Frequently asked questions VII. The Probate process VIII. Definitions and commonly used terms IX. Legal Disclaimer What is a Living Trust? A living trust is a legal document created by you during your lifetime. Just like a will, a living trust spells out exactly what your desires are with regard to your assets, your dependents, and...

Read More