Estate Planning · August 09, 2024
As a parent or grandparent, nothing is more important than securing a bright future for our children. We all dream of giving them the best education possible, but with rising tuition costs, that dream can feel increasingly out of reach. Navigating the maze of education funding options can be daunting. Without the right strategy, many families find themselves unprepared, potentially putting their child’s educational dreams on hold. It’s not just about saving; it’s about making smart, informed dec
Estate Planning · January 15, 2024
Recent changes to the FAFSA rules are a game-changer for grandparents looking to support their grandkids' education. Our latest blog delves into the FAFSA Simplification Act and its impact on 529 college savings plans. Learn how these adjustments allow for more significant contributions without affecting financial aid eligibility. It's an exciting development for family financial planning, offering a new way to invest in your grandchild's future without compromising their aid opportunities.
Estate Planning · November 17, 2023
Feeling uncertain about how to ensure your child's future is protected can be a common concern for many parents. Imagine a world where you have complete peace of mind, knowing that your children will always be cared for by those you trust the most, both emotionally and legally. Dive into our latest blog to empower you with the knowledge and tools to bridge the gap between heartfelt tradition and essential legal planning. Transform your concern into confidence, ensuring your children’s well-being
Estate Planning · November 13, 2023
The holiday season brings families together, presenting a unique opportunity to discuss important topics like inheritance, end-of-life decisions, and estate planning. However, broaching these subjects can be tricky, especially amidst festive activities. Our latest blog post, "How to Talk Money With Your Family Over The Holidays," offers valuable insights and practical tips to navigate these conversations with sensitivity and success. Here's how to prepare your family for a meaningful discussion.
Business · November 10, 2023
In the whirlwind of entrepreneurship, finding a balance between work and personal life can often feel like an elusive goal. Let's tackle this vital topic, offering practical guidance for business owners striving for a healthier work-life equilibrium. Learn how to differentiate between what's urgent and what's not, and the importance of setting and adhering to clear work boundaries. Setting healthy boundaries is not just a personal preference; it's a necessity for maintaining your well-being and
Estate Planning · October 27, 2023
End-of-the-year tax strategies can be a game-changer in enhancing one's financial status. By judiciously implementing these eight methods, you stand a chance to retain more of your hard-earned money. But remember, monetary strategies are just one facet of a holistic life plan. Making well-informed decisions in all aspects – health, happiness, and financial security – is paramount in crafting a legacy that benefits you and generations to come. Always prioritize comprehensive planning and consult
Estate Planning · October 20, 2023
We understand that tax planning can feel overwhelming, especially as the year draws to a close. With so much on your plate, looking ahead to 2023 might be the last thing on your mind. That's why we’re here to guide you gently through some compassionate steps to take right now to ease your tax concerns for the coming year. From the comfort of maximizing your HSA, to the security of a 529 college fund, or even the relief of adjusting tax withholdings, we’re here to navigate these waters alongside
Estate Planning · December 05, 2022
Tax season is approaching. As you go through your receipts, you realize that you will need to dip into your savings or take a loan to pay your tax liability in full. And with fines and penalties kicking in on late filing, you know that every moment counts. You certainly want to avoid breaking the bank by paying taxes! But before you panic completely. Here are 4 different year-end tax-saving strategies that could help reduce your tax liability for 2022...
Estate Planning · August 12, 2022
In part one of this series, we discussed 529 plans and education savings accounts, which are both popular options for saving for a college education. Do you know the main reasons for their popularity? It's their tax-saving advantage! The money you contribute to a 529 account grows on a tax-deferred basis, and withdrawals are tax-free, provided they're used for qualified education expenses, such as tuition, room and board, and other education-related fees.
Estate Planning · August 05, 2022
If you have started to save for your child or grandchild’s college education, it’s worth considering whether to use a 529 plan, an education savings account, or an Irrevocable Trust. Here’s what we think you should consider as you decide!