Q: I own a small business that could achieve $500,000 in profits this year. How can I save on taxes? Congratulations on the success of your small business. I can appreciate wanting to maximize your tax saving and get advise and guidance that won’t land you in trouble with the IRS. One of the tools […]

Q: Should I feel this worried about the presidential election and how it will affect my portfolio? Elections have consequences, but overall, the market has proven its ability to consistently perform positively in the long run.  The bigger issue is our national debt, and we need a President and a Congress to tackle that issue […]

Ask an Advisor: I have been hearing a lot about Backdoor Roths, how do I know if this is right for me? That’s a great question! Personal finance decisions are just that—personal. The financial services industry is filled with jargon, acronyms, terms, and strategies that can often overwhelm consumers. Terms like IRAs, Roth IRAs, Roth […]

Ask an Advisor: We’re in our late 50s with 2 children who plan to attend college. How do we pay for college without derailing our retirement or saddling them with crushing student loan debt? The first step in college planning is to understand how much various schools your children are considering might expect you to […]

Ask an Advisor: I am a 62-year-old single woman making six figures as an executive woman but there’s a lot of restructuring in our company. How can I make sure I am financially secure even in the event of potential layoffs? With significant restructuring occurring across corporate America, many highly compensated executives are experiencing anxiety […]

Ask an Advisor: What are the tax implications for a recently widowed individual in their late seventies, and how can they be optimized? Losing a spouse is emotionally challenging, and navigating the accompanying tax implications can add another layer of complexity, especially for individuals in their late seventies. For a recently widowed person in this […]

Ask an Advisor: What Issues Should I Consider When Creating My Estate Plan And Updating My Investment Accounts? When crafting an estate plan, establishing trusts and designating them as beneficiaries to your investment accounts can be a savvy move, but it’s essential to proceed cautiously. Trusts offer valuable benefits like asset protection, distribution control, and […]

Ask an Advisor: How do I talk to my aging parents about their finances? How to talk to aging parents about finances As baby boomers enter the period of life when they need some form of care, you may find yourself in a position where, for the first time in your life, you’re starting to […]

Ask an Advisor: How can we navigate financial challenges associated with unexpected events like health issues or economic downturns? You’ve worked hard all your life. Retirement is supposed to be the next chapter where you do more things on your own terms, not someone else’s. However, unforeseen events still arise that could derail your retirement. […]