According to a recent study, there is a gender gap in financial literacy between men and women. While women reported not knowing the answers to more money and investment-related questions than men, this wasn’t solely...
Protecting What’s Yours After You Pass, Part 2: Step-by-Step Estate Planning
In our last piece, we emphasized the importance of estate planning as the greatest gift you can bequeath to your loved ones to ease their stress during an already difficult time. If you’ve put off...
Planning Inheritances for Your Children
As a parent, it can be difficult to sleep soundly knowing that your children are not financially stable, no matter what their age. That’s why you should start thinking about estate planning. Estate planning is...
Protecting What’s Yours After You Pass
Fact: When you pass, you will leave behind an estate, and somebody will need to settle it. Your estate may be worth a little or a lot, but there’s no escaping death and taxes. So...
Thinking About Moving Closer to Your Kids? 4 Financial Implications to Consider
Maybe you have a good base of friends where you live now, but your children have moved away. As they continue to grow families of their own, you may consider moving closer to your children...
Both the Former Zappos CEO and the “Black Panther” Star Died Without a Will. Here’s Why That Makes Things Complicated.
Tony Hsieh, the former CEO of Zappos, died at 46 due to smoke inhalation from a house fire over the Thanksgiving holiday. Several months before, Hsieh retired from his position as CEO of Zappos with...
A Second Coronavirus Stimulus Bill Worth $900 Billion Was Passed: Here’s What You Should Know
On December 21, Congress passed a much anticipated second stimulus package, and President Trump signed it on December 27. The $600 billion package helps those experiencing COVID-related financial hardship, including businesses, hospitals, families, and individuals....
You’ve Inherited an IRA. Now What?
If you’ve been named a beneficiary or inherited an IRA, you’re likely facing some tough questions — what are the next steps, and what happens now? Governing bodies like the IRS and recent legislation such...
How To Pass On Your Financial Values to the Next Generation
In the next two or three decades, it's expected that a great wealth transfer will occur. It should come as no surprise that a significant proportion of this wealth will be coming from baby boomers....
5 Clever Financial Gift Ideas for Grandchildren
One of the most crucial responsibilities families have when it comes to raising children is to educate them so that they’re ready to handle the complexities of adult life. While schoolteachers address the usual subjects...