Category Archives: Savings

5 Inherited IRA Mistakes That Will Destroy Your Inheritance


Let’s be honest. Stress doesn’t help us make smart financial decisions. I think it’s fair to say when we are inheriting money it’s often a busy, hectic and stressful time in our lives. Here are a few mistakes you want to avoid if you inherit an IRA or other retirement accounts from a loved one. Don’t let these five mistakes destroy your loved one’s legacy. Some retirement account mistakes can be fixed. On the other… Read More »

How To Stop Worrying And Love Market Volatility

Karl Kaufman “Buy the ticket, take the ride,” wrote Hunter S. Thompson in his classic book Fear and Loathing in Las Vegas. Equity investors have been on a bumpy ride this month as volatility, lying dormant for what seems like an eternity, returned to the market in force. Wild swings in the Dow — thousand point drops followed by triple digit gains followed by drops and then gains — erased much of January’s returns and… Read More »

Trusts Have Changed: Time To Re-Engineer Your Estate Plan

by Ashlea Ebeling The federal tax overhaul just doubled the amount of wealth you can pass to heirs estate-tax-free–without using any trusts or planning gimmicks. Yet rather than looking for a new specialty, top trust lawyers are positively giddy about the opportunities created by the law President Trump signed three days before Christmas. The letter of the law allows slightly more than $11 million per person to be passed to kids or other noncharitable heirs… Read More »

11 Tips To Protect You From Identity Theft & Related Tax Fraud

Kelly Phillips Erb If the chatter is to be believed, identity theft tops the list of taxpayer concerns for 2018. And it’s not all in your head: an Identity Fraud Study, released by Javelin Strategy & Research, found that identity thieves stole $16 billion from 12.7 million U.S. consumers in 2014, a new victim every two seconds . Those statistics are scary but there is some good news to be found in the report: the… Read More »

Strategies to Successfully Navigate 5 Financial Milestones

As we go through life, we pass milestones that mark transitions into different phases of life. Financial transitions accompany these turning points. Our goals change and our priorities shift in response to these changing life needs. While everyone’s financial journey is different, most people pass through five primary financial stages as they age. During each stage, income, spending patterns, financial priorities, and goals tend to change in predictable ways. Knowing which financial goals to work… Read More »