It can be truly devastating to lose a loved one, and during that time, it can be hard to talk about much of anything, let alone finances. That’s one reason why working with a trusted...
How to Protect Your Money When Traveling Abroad
Traveling abroad is a chance for excitement, adventure, and fun. But it can quickly turn into an expensive nightmare if you’re not properly prepared. Whether you’re traveling for work or vacation, it’s important to protect...
Protecting Your Parents: Identifying and Preventing Elder Financial Abuse in 2022
Nobody likes to think about their parents getting older and needing assistance, but it’s the reality we face. And, as they age, they rely on us for more of the day-to-day tasks they used to...
Tax Credits and Ebikes. Time to Get Out and Ride!
We’ve all heard about the Build Back Better bill, but what is it exactly? The Build Back Better bill is a $1.75 trillion plan designed to strengthen the social safety net and fund programs that...
Why I Became a Financial Advisor
At age 14, I made my first investment. Like most kids, I spent my early teen years trading baseball cards and playing video games, but I also started reading The Wall Street Journal. I had...
Preparing Your Adult Children to Inherit Wealth
This article ran in the March 2022 issue of the Traverse City Business News and can be read in its entirety below. Black Walnut Wealth Management contributes articles and is featured in various media outlets....
How Women Think Differently About Retirement
While we’ve seen progress toward gender equality in recent years, women continue to face unique challenges that men typically don’t have to work to overcome. This is particularly true when it comes to planning for...
3 Hidden Costs of Waiting Too Long to Start Your Estate Plan
Estate planning is an essential part of any financial plan, but it’s often the last piece that people tackle. In fact, only 44% of adults age 55 and older have an estate plan. That means...
What Should You Do About Inflation and Stock Market Volatility?
After a three-year rally, the U.S. stock market has recently experienced some volatility and downward pressure. It’s always important to take a longer-term approach to market investments. In addition to the recent stock market volatility,...
Goal Setting and Success. Here Are 8 Tips to Realize Your Dreams
Ever wonder how people become successful? They seem to have accomplished so much. What is their trick? Here are eight tips that will help you in your quest for success. 1. Visualize Your Ideal Future...