If you haven’t already created an estate plan, consider starting now. Although every estate planning process is different, as a guide it can be helpful to have a step-by-step plan for you to follow as you go through what can often be an overwhelming process. Remember that a lot can change over the years, both […]
As a potential home buyer, it is equally important to research the different types of mortgage loans as it is the neighborhoods you might want to live in. Applying for a home loan can be difficult, and knowing which type of mortgage best suits your needs will help guide you to the type of home you […]
If you are recently retired, there may be new tax break opportunities for you to take advantage of. This is doubly important if you are on a fixed income. Oftentimes, seniors miss valuable tax-saving opportunities, not through foolishness but simply because they just don’t know about them. If this sounds like you, it is simply a […]
In the not-so-distant past, the word “gig” was used only to describe the work environment for musicians and comedians who would travel from city to city for performances for one or two nights or perhaps a week at a time. But, thanks to the Internet and the changing work environment in the United States, an […]
Rather than hiring an attorney and paying a high fee for a few hours of work, it’s now possible to generate a legal, comprehensive will or trust in just a few clicks from the comfort of your own home at a reasonable price. A will or trust is a legal document that explains your wishes […]
My lease was up on my 2018 vehicle. I was excited to go car shopping. However, what I realized as I ventured out was that the auto industry also has its challenges from the Covid-19 pandemic shutdown. Most automotive and supplier plants around the globe shut down and production was stopped. Only now are inventories […]
As important as determining when to retire is determining where to retire. There’s no escaping the fact that your retirement destination will determine how much you’ll need to pay in taxes, what your living costs will be, and what kind of health care options you’ll have. There are many factors that contribute to retirement planning, […]
As tax season approaches, you may have questions about filing your federal, state and business taxes. Below are a few tips to help you get prepared. Be organized An accountant’s time is money, so the longer it takes him to sort through your disorganized records, the more he will charge you. Collecting your tax documents […]
The beginning of a new year is an ideal time to reset your finances and work towards a more profitable and productive year. Here is a financial checklist with 12 money steps that will help provide a solid start to a new year. Review your financial goals If you have pre-determined financial goals (such as […]
A white picket fence surrounding a house with 2.4 children, a dog, a cat, a station wagon. This is the American dream. But owning your own home might not be so dreamy as you approach retirement. In fact, since 1990 homeownership has been decreasing among 55- to 64-year-olds, a trend which experts suggest is likely […]
