Building Wealth

Buckle Up: What the Inflation Reduction Act Means for Your Small Business
small business

Buckle Up: What the Inflation Reduction Act Means for Your Small Business

Your cost of doing business could be going up for two main reasons. Prepare now with these five tips.
September 7, 2022
The Great Change! (Is COVID Leading to Life Changes?)
personal finance

The Great Change! (Is COVID Leading to Life Changes?)

When people stream in asking for help making major changes in their jobs, families and goals all in the pursuit of happiness, it makes you wonder what…
September 7, 2022
Having Trouble Saving Money? 3 Tips for Young Professionals
savings

Having Trouble Saving Money? 3 Tips for Young Professionals

Here’s how to leverage your savings rate to keep expenses in check and get on track for retirement.
September 6, 2022
How to Defuse a Retirement Tax Bomb, Starting With 1 Simple Move
required minimum distributions (RMDs)

How to Defuse a Retirement Tax Bomb, Starting With 1 Simple Move

There’s an easy and effective way savers can minimize the damage of a retirement tax bomb. It all starts with making one simple shift in your retireme…
September 6, 2022
Who Pays When a Test Drive Ends in Engine Failure?
cars

Who Pays When a Test Drive Ends in Engine Failure?

A test drive gone wrong ended in a catastrophic engine failure, and the used car sales manager insisted the customer should be on the hook for the maj…
September 5, 2022
Estate Planning: 5 Tips to Pick Trustees, Executors and POAs
estate planning

Estate Planning: 5 Tips to Pick Trustees, Executors and POAs

The decisions on who would be best to carry out your wishes aren’t always clear-cut, and it’s easy to make a mistake. So before you name the agents fo…
September 4, 2022
Selling Your Construction Business to Employees or Family? Here Are 5 Tips for Success!
small business

Selling Your Construction Business to Employees or Family? Here Are 5 Tips for Success!

Even though you’ve already identified a great buyer for your business – and it’s someone you know and trust – you still have some work to do to make t…
September 3, 2022
Stop Being Afraid of a Down Market
investing

Stop Being Afraid of a Down Market

Bear markets typically aren’t as scary as most investors fear. Really. Here’s why, and an outline of the options investors have.
September 2, 2022
How to Inspire Your Grandkids to Invest in Charitable Giving
Charity

How to Inspire Your Grandkids to Invest in Charitable Giving

When trying to motivate future generations to invest in good causes, it’s easy to get caught up in the "what." Yet it’s the "why" that really makes th…
September 1, 2022
Will Your Kids Inherit a Tax Bomb from You?
required minimum distributions (RMDs)

Will Your Kids Inherit a Tax Bomb from You?

You’ve carefully saved a lot in tax-deferred retirement accounts, and you hope to pass much of that wealth to your loved ones. Unfortunately, your leg…
September 1, 2022
Why Do I Need a Trust?
estate planning

Why Do I Need a Trust?

A simple will works for some people, but maybe not for you. Are you in a second marriage? Have minor children? Concerned about fraud? These are just a…
August 31, 2022
3 Ways to Increase the Enterprise Value of Your Family Business
small business

3 Ways to Increase the Enterprise Value of Your Family Business

When you’re wrapped up in the day-to-day challenge of running a business, you can easily overlook some big-picture opportunities to boost your bottom …
August 31, 2022
Bonus! Delaware Statutory Trusts Can Be Both an Anchor and Buoy Investment
real estate investing

Bonus! Delaware Statutory Trusts Can Be Both an Anchor and Buoy Investment

Usually investments are sought out as anchors OR buoys for your portfolio, but DSTs can embody positive traits from both investing styles.
August 30, 2022
How to Avoid Financial Panic When a Recession Threatens
retirement planning

How to Avoid Financial Panic When a Recession Threatens

More Americans are worried about a recession with record inflation and a downturn in the stock market. If you’re among them, here are a few steps you …
August 30, 2022
Watch Out! RMDs Can Trigger Massive Medicare Means Testing Surcharges
retirement planning

Watch Out! RMDs Can Trigger Massive Medicare Means Testing Surcharges

Saving too much in tax-deferred retirement accounts could mean you’ll pay hundreds of thousands more than necessary on Medicare premiums in retirement…
August 29, 2022
What Are Qualified Opportunity Zones? Important Details for Investors
real estate investing

What Are Qualified Opportunity Zones? Important Details for Investors

Investing in blighted or up-and-coming “opportunity zones” offers some significant tax-deferral opportunities, and if you hold your investment for 10 …
August 27, 2022
4 Tips for Navigating Market Volatility
investing

4 Tips for Navigating Market Volatility

Market volatility is inevitable, but that doesn’t mean it isn’t concerning at times. Let’s explore some important tips and insights that may help you …
August 26, 2022
Could Donor-Advised Funds Soon Be as Popular as 401(k)s?
Charity

Could Donor-Advised Funds Soon Be as Popular as 401(k)s?

Interest in this charitable giving tool is growing as it offers simplicity and tax benefits similar to 401(k)s.
August 26, 2022
When It Comes to Your RMDs, Be Very, Very Afraid!
retirement planning

When It Comes to Your RMDs, Be Very, Very Afraid!

If you’ve saved heavily in a traditional IRA or 401(k) you may feel great about your retirement savings now, but your required minimum distributions c…
August 25, 2022
Find Out in 5 Minutes If You Have Enough to Retire
retirement

Find Out in 5 Minutes If You Have Enough to Retire

It’s a common question these days: My portfolio is way down. Can I still afford to retire? To calculate a ballpark answer, here’s a quick and easy exe…
August 24, 2022
A Checklist for What to Do (and NOT Do) After Someone Dies
estate planning

A Checklist for What to Do (and NOT Do) After Someone Dies

It’s easy to overlook an important task after a spouse or other loved one passes away – like retitling assets. It’s a little thing with big ramificati…
August 24, 2022
Doctor, If Accused of Malpractice, Here Is What NOT to Do
personal finance

Doctor, If Accused of Malpractice, Here Is What NOT to Do

What should a doctor do when facing the possibility of a malpractice suit? An attorney who represents physicians and another who represents patients s…
August 23, 2022
Hey, Investors: Do You Barbell?
investing

Hey, Investors: Do You Barbell?

Don’t overlook this simple yet effective strategy within your stock and bond allocations.
August 23, 2022
Is Your Retirement Portfolio a Tax Bomb?
retirement planning

Is Your Retirement Portfolio a Tax Bomb?

A warning to high earners and super savers: That massive 401(k) or traditional IRA that you worked so hard to build may become a big problem in retire…
August 22, 2022
You’re Not Too Young for an Estate Plan: 7 Essentials for Your 20s and 30s
estate planning

You’re Not Too Young for an Estate Plan: 7 Essentials for Your 20s and 30s

Accidents happen. Illnesses can strike anyone unexpectedly. So, take a moment to get a few basic estate planning tasks out of the way. You — and the p…
August 22, 2022
7 Surprisingly Valuable Assets for a Happy Retirement
happy retirement

7 Surprisingly Valuable Assets for a Happy Retirement

A long and happy retirement takes more than just money. Here are seven things happy retirees do – besides dutifully saving the money they’ll need to q…
August 21, 2022