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...
The S&P 500 hit its all-time high on January 3rd, 2022. That was 16 months ago, and while the market has rallied significantly off the October 2022 lows, the index still sits about 13% below that January 2022 high. Bear markets are always difficult to...
Men and women approach finance differently. For all the progress that we have made, women are still uncomfortable talking about money. Although we often have candid discussions with friends about a variety of personal topics, finance is not one of them. A lack of confidence...
I am going to a wedding this fall. While the gift registry is full of wonderful ideas from honeymoon horse rides on the beach to couple’s massages, I am wondering if there is a more meaningful gift that I could give this young couple...
I recently started on a 21-day fitness/diet plan to tone up after COVID. In general, people seemed to react in one of two ways to the pandemic. One group used this time to diet and exercise and get into shape. The other...
A sudden change in wealth can be a good thing. We all fantasize about winning the lottery, inheriting wealth from a long-lost relative, settling a lawsuit, or striking it rich with a start-up company. However, as we know from tragic stories in the news, many...
We often develop relationships with professionals who are like us. They may live in our town, go to our church or country club, and have children of the same age. It follows then that when the time comes that you are entering retirement,...
Who gets your financial assets when you die? When you open a retirement account (such as a 401(k) or IRA), purchase life insurance or annuities, or sign up for a Health Savings Account, you are asked to name a beneficiary to receive the proceeds...
By signing the 1.9 trillion-dollar economic stimulus bill on March 11, 2021, President Biden signaled the government’s willingness to provide unprecedented relief to families and workers impacted by the COVID-19 crisis. In addition to the expanded economic impact payments of $1400 per individual and...
History repeats itself. Who would think that 100 years after the Spanish Flu (1918-1920) we would be faced with a pandemic that virtually shut down our country and large parts of the world? In addition to the terrible human toll that the coronavirus...