With the strange year that we have had, it may be hard to believe that December 31st is just around the corner. However, before we wave goodbye to 2020, you may wish to review the following strategies to see if there are any tax breaks applicable...
It is a question that clients ask us every 4 years. Although we all have our opinions about the current race, a historical analysis may be the best way to put some perspective on the situation. The following are some interesting facts about...
People rarely stay with the same employer for their entire career. In fact, according to the Bureau of labor statistics, people change jobs an average of 12 times during their lifetime. With all these job changes, most people will end up with a 401(k) or...
The allure of real estate investing is obvious. The fact that real estate is a tangible, physical asset holds sway in the minds of many. Real estate investing is also intuitive- the idea that you can buy a property and rent it for more than...
Living on Hilton Head Island, we have become intimately familiar with the turtle. They nest along our beaches in the summer and although I have not yet witnessed it firsthand, I have been fortunate to see the tracks of several mother turtles emerging from...
As financial planners, we get the opportunity to work with clients from all walks of life and varying types of family situations. One of the most common questions we get from clients of all demographics revolves around gifting or bequeathing assets to family members while...
On the surface, one would think that medical professionals like doctors and dentists would be financially secure. After all, the average primary care physician salary is $223,000 based on a 2018 Medscape Physician Compensation Survey, with some specialties making considerably more. Cardiologists, orthopedic...
You have probably heard about stock splits more than once over the last 3 weeks. Two high profile splits have been announced- Apple and Tesla, so there has been a lot of talk about them. Stock splits are simple and for many investors, there is...
Over the years we have found that there are some misconceptions on the dreaded “gift tax” (which currently has a maximum rate of 40%) – what it is, who pays it and how it can be avoided. Here are some of the most common...
Conversations with clients since the start of the pandemic and recession have consistently ended up in the same place- “The stock market and the economy seem to be completely disconnected.” While we believe there are still observable connections between the market’s actions and the fundamentals...