Some of you may have already received a notice from your mutual fund companies or your brokerage firms asking what method you would like used to determine the cost basis of your holdings. Perhaps you’re not sure
When I consider the effect of the 2011 changes in federal estate taxes I see some brand new reasons for my married clients to replace their Marital A-B trusts with Disclaimer trusts.
- Do today’s low mortgage rates have you considering a refi?
- Are you thinking about moving when the real estate market picks up or gets back to “normal”?
- Do you find yourself checking mortgage interest rates every Sunday?
Many of my clients don’t know what they are REALLY spending. As result, they question how they will be able to maintain their life style in retirement or, for that matter, they worry if they will be EVER be able to retire at all.
Once we do a retirement plan and answer those questions, the next step is to re-position their portfolios to generate the income they will need. Even people who are comfortable managing their own portfolios for growth, and they realize that managing a portfolio to generate income is more of a challenge. READ MORE
Given the volatility in the markets, and the low returns on savings, it is understandable that claims of a “guaranteed return” would be attractive. Even if it comes from a life insurance salesperson!
Twice last week I was talking with insurance agents who boasted about policies that offer “guaranteed interest rates of 3.5 – 4%.” My reaction? Concern. READ MORE
The good news: the kids are off to college & they’re fiscal adults for the first time
– The bad news: the kids are off to college…
You’ve spent years preparing for this moment. Maybe you’re saying good-bye at the curb, maybe it’s in front of the dorm, 1,000 miles away. You saved to fund the tuition; you did the college visit trip(s), assisted with endless college and financial aid applications and essays. Now they’re beginning the transition into adulthood. Most likely, this is their first opportunity to manage their own expenses. READ MORE
I maintain two telephone lines because I don’t want to give up my business telephone number. I also had maintained two phone cards for long distance. You know, just in case one is full. And I was getting (4) ongoing bills for just telephone. I was paying extra for a voice mail box, insurance, in case, the telephone wires in my 50 year old house failed and I did not have call forwarding. READ MORE