Tag Archives | wealth transfer

A Checklist for Your Loved Ones

Now is the time of year that many of us are updating (or procrastinating about) our estate plans.  A carefully crafted estate plan can be one of the greatest gifts you can give to your loved ones. Leaving behind a plan that clearly indicates where your important documents are kept can make it easier for […]

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Take This First Step to a Better Investment Experience: Give Up

What is one of the best first steps you can take to becoming a better investor? Embrace the power of market pricing. Me and You Against the World If you look at all the stock trades placed by all of the world’s traders in 2014, the daily average trading volume exceeded $300 billion. That’s a […]

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Three Key Insights to Help You Improve Your Investment Results

I have been advising clients about investments for more than 30 years and much has changed in finance since my early days at Kidder Peabody & Co. in Philadelphia. The advances in financial theory and practice have been monumental. One reason for the advances is that cheap computing has made the study of financial data […]

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Teaching Children Financial Literacy

Kids need to learn the value of a hard-earned dollar, but they should also learn how to save, spend wisely, be charitable, pay taxes, invest and eventually become financially stable.  The earlier they start on this path, the better off they will be.  Here are a few recommended money lessons for children as they age. […]

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Thoughts on Raising Financially Responsible Children

Teaching financial responsibility to children is a great way to provide them with knowledge and experience that will help them grow into financially stable adults.  Our first lessons about money come from our parents and they set the frame-work for the critical lessons and behaviors to promote healthy money attitudes and habits in children. Lessons […]

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My Parents Can’t Manage Alone. What should I do?

Are one or both of your  parents having health  problems, suffering mental lapses, or just slowing down with age?  Do you find they can’t manage on their own anymore?  If so, you’ll want to consider the various living arrangements that are available to older individuals.  Before you begin, however, you’ll want to talk to your […]

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Decanting a Trust

The Basics A trust is a legal relationship where someone (the grantor) arranges with another (the trustee) to hold property for the benefit of a third-party (the beneficiary). The grantor transfers a split ownership of property–legal ownership to the trustee and beneficial ownership to the beneficiary. The grantor names the beneficiary and trustee and establishes […]

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