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2012 American Taxpayer Relief Act

Executive Summary On New Year’s Day 2013, Congress passed a far-reaching new law intended to avert the so-called fiscal cliff. The American Taxpayer Relief Act, signed into law by President Obama on January 2, 2013, impacts every taxpayer. Not only does the new law make permanent reduced income tax rates for most taxpayers, it extends […]

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Key Estate Planning Documents

Estate planning is a vital component of every financial plan, regardless of the size of the estate. Unfortunately, it’s also an area that is commonly overlooked. This often results in wasted dollars and emotional hardship that could otherwise be minimized with proper advance planning and action. Key Estate Planning Documents You Need There are four […]

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The Value of Independence

Independence can mean different things to different people but when it comes to trust services, the definition becomes even more unclear.  Most people depend upon their centers of influence when it comes to managing a trust.  Estate planners, attorneys, and accountants help identify the right trust company for their clients.  Many times these professionals do […]

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Changes at The Social Security Administration

Last year the Social Security Administration suspended the mailing of the Annual Benefit Estimate Statements due to federal budget considerations. Recently they resumed sending the Statement, but only to people who are age 60 and older and who are not yet on benefits.  People younger than age 60 will not have a Statement mailed to […]

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Risk, Volatility and Opportunity

The current renewed volatility in financial markets is reviving unwelcome feelings among many investors – feelings of anxiety, fear, and a sense of powerlessness. These are completely natural responses. Action on those emotions, though, can end up doing us more harm than good. The increase in market volatility is an expression of uncertainty. The sovereign […]

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Fear, Greed and Investment Decision Making

Fear and greed cause investors to make bad decisions. Meir Statman is a pioneer in behavioral finance, the branch of economics that considers the influence of emotions on investor decision making. We had the opportunity to interview Meir after seeing his presentation at a recent conference. Among other things, he discussed: How framing and hindsight […]

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