Estate Planning
Five Ways to Minimize Taxes When You Inherit Money
After someone dies, their assets are usually transferred to their heirs—whether that be their spouse, children, or other blood relatives. Whenever assets are transferred, a tax may have to be…
Read MoreEstate Planning for Valuable Cars or Car Collections
You love it. You know you do. Why else would you spend so much time with it? I’m talking about your favorite car or, if you’re fortunate, car collection. The…
Read MoreHow to Talk to Your Parents About Their Finances
Money can be a taboo topic in some families, especially when it comes to talking to your parents about their finances. But understanding your parents’ financial situation, including long-term care,…
Read More8 Asset Protection Strategies for Doctors
It’s no secret that doctors have higher-than-average incomes when compared to the average U.S. household (in 2020, the average U.S. household income was $87,864 vs. $243,000 for PCPs and $346,000 for specialists on…
Read MoreHow to Protect Your Spouse From the Survivor Trap
Losing a spouse is difficult enough without having to worry about your finances. Will your spouse be able to maintain their current lifestyle? Or will they have to sell assets…
Read MoreShould I Pay Off My Mortgage Before I Retire?
Homeownership generally means having a mortgage looming over you for 15–30 years—an intimidating thought for some. It’s only natural that you want to pay that debt off as quickly as…
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