As our population ages, we continue to see a higher incidence of reduced cognitive ability. As fiduciaries, we are sensitive to this issue and look for red flags if we suspect diminished capacity or exploitation, particularly with regard to our senior clients. To...
Are you traveling abroad for an extended period of time? If so, here are a few things you could do with your credit to help you have a smooth trip....
After years of talk about student loan cancellation, it looks like it is happening. President Biden announced his student loan cancellation plan last week. Since then, there have been a lot of questions and I will do my best to address them below. ...
When we help clients with budgeting, one item consistently stands out as a major expense: housing. It is not just the mortgage cost, but also the insurance, utilities, HOA fees, maintenance, and taxes. The rule of thumb is one’s housing costs should not...
When beginning a planning engagement, the first thing we evaluate is the adequacy of the client’s emergency fund. The reason is simple- without an adequate emergency fund, you are taking on more financial risk than necessary. Furthermore, at some point, everyone needs to use their...
The taxation of financial transactions is an often-misunderstood topic. The root cause of this lack of understanding is in large part due to the complexity of the tax code, the different types of transactions that occur in investment accounts, and the different types of investment...
The death of a spouse is something that no one wants to think about. Whether you are 35 or 85, the thought of suddenly being single again is frightening. When it happens, it can be devastating to the surviving partner. What should...
A lot has been written about what financial planning is. Everything from who could benefit from a financial plan, the process, the types of problems that can be solved has been talked about over and over. There are still misconceptions out there about financial planning,...
With the new year upon us, many people start thinking about their health and finances. The two are actually intertwined and very similar. A visit to a financial planner early in the year can set you up for a financially healthy 2019. As a CERTIFIED...
We are pleased to announce that Jennifer Sokolowski and Robert Sokolowski have successfully passed the rigorous CFP® examination! ...