Financial Planning

March 14, 2020When startups need funding, venture capital is one option they might consider. Getting funding from a VC firm can offer certain advantages to new businesses that may not be able to get approved for traditional loans. Thanks to the rise… read more…

March 13, 2020Trusts can be a useful estate planning tool for creating and maintaining wealth for future generations. They can offer legal protections against creditors, while simultaneously managing assets according to your wishes. They may also enjoy certain tax advantages, further extending… read more…

March 12, 2020The 2020 stock market posted some of its biggest losses and gains since the Great Recession, taking investors on both a terrifying and thrilling roller coaster ride in middle of a global pandemic. One day stocks posted their biggest one-day loss since… read more…

March 7, 2020A financial advisor can help manage your investments and other assets. Some use a turnkey asset management program or TAMP to handle client assets. Here’s what you need to know about TAMP and how it can affect your portfolio. What Is… read more…

March 6, 2020Participating preferred stock may be the most desirable security for an equity investor to own. Shareholders who own preferred stock generally receive any payments made by the underlying company, such as dividends and liquidation, before most other shareholders. Depending on… read more…

March 6, 2020While many retirees flock to warmer climates like Florida, others venture much farther south, with Chile one popular destination. From Mediterranean-like weather in the nation’s north, stunning mountains and numerous fjords in the south and a highly regarded wine industry,… read more…

March 6, 2020As one of the most welcoming and mysterious countries in Southeast Asia, Vietnam has a lot to offer retirees. With over 2,000 miles of coastline, small fishing villages, and ancient Buddhist temples, Vietnam is a popular retirement destination for those… read more…

March 6, 2020Malaysia has a lot to offer retirees, from its sandy beaches and extensive rainforests to its dazzling capital city of Kuala Lumpur. On top of all this, it also boasts relatively inexpensive living costs, so it’s no wonder American retirees are heading to Malaysia. If you want to retire in this southeast Asian nation, you’ll need… read more…

March 3, 2020Connecticut has no inheritance tax but it does have its own estate tax. There may also be additional federal taxes that your estate must pay. In this article, we break down the Constitution State’s inheritance laws, including what happens if you die… read more…

March 3, 2020Uruguay has become a popular retirement destination due to its warm climate and affordable living. This South American country is located between Argentina and Brazil and is known for its friendly citizens and rich culture. Not surprisingly, it’s a global… read more…

March 3, 2020The cost of buying an airplane varies widely, influenced by factors like aircraft type, size and age. While used single-engine planes can cost around less than $50,000, larger jets can cost millions or even tens of millions of dollars. Beyond the purchase, upkeep expenses – such as fuel, maintenance, hangar storage, and insurance – add… read more…

February 28, 2020You may want to set up power of attorney if you’d like someone else  to make decisions on your behalf. Special power of attorney has a narrow scope. It grants someone the right to act for you in certain situations.… read more…

February 28, 2020Are you thinking of retiring in Australia? The Land Down Under makes for an appealing retirement destination, with its nautical culture, beautiful coastal areas and first-world amenities. But as with any overseas retirement, there are some details you need to… read more…

February 28, 2020Want to retire to a country known for lush landscapes and friendly locals? If so, you may want to consider Colombia. It’s become a favorite destination among American retirees in the last decade. Before you pack up your life to… read more…

February 28, 2020When it’s time to retire, many U.S. retirees head south. While many stop in Florida or other southern U.S. states, some keep going for destinations in Central America or South America. One popular destination is Peru, where visitors and retirees… read more…

February 26, 2020Hawaii has no inheritance tax, but it is one of 12 states with an estate tax. In this detailed guide to the Aloha State’s inheritance laws, we examine this estate tax, along with other key inheritance laws, including rules governing… read more…

February 25, 2020An investment company is a company that invests pooled assets in securities. Some of the biggest financial services companies are investment companies. Major players them include Vanguard, Fidelity and Charles Schwab. Here’s how these companies operate and how they can… read more…

February 22, 2020Building a portfolio means finding a strategy suited to your investment goals. For some investors, commingled funds are the answer. Commingled funds pool assets in a way similar to mutual funds. Here’s how to decide whether to commingle or not… read more…

February 21, 2020Maine charges its own estate tax but has no inheritance tax. If the deceased doesn’t have a will probated by the court, inheritances can get a bit more complicated. In this guide we’ll discuss the ins and outs of Maine’s… read more…

February 21, 2020South Carolina does not levy an inheritance or estate tax, but like all states, it has its own unique set of laws regarding inheritance of estates. In this detailed guide of South Carolina inheritance laws, we break down intestate succession, probate, taxes, what makes a will valid and more. If you’re planning an estate or… read more…

February 19, 2020Many retirees like to head south in search of warmer climates. But what if you want to head north instead? Retiring to Canada has a range of benefits, like universal healthcare and reasonably priced housing. And if you’ve got family… read more…

February 8, 2020For certain investors, a unified managed account (UMA) could help streamline investment management. It is professionally managed, and can hold a variety of different investments. However, you might prefer this option if you have a high net worth and substantial… read more…

February 8, 2020After spending years anticipating retirement, you’ve decided to figure out how to retire in 10 years. All of your hard work and savings are about to pay off. However, you’re unsure of what steps you need to take with your… read more…

February 7, 2020You buy insurance to protect yourself and your things. So how do insurance issuers protect themselves? Well, reinsurance is insurance for insurance companies. It minimizes the risk of any single event, disaster or another emergency. Here’s a breakdown of how… read more…

February 5, 2020Living on a fixed income can present significant challenges, especially when faced with the rising costs of long-term care. According to the Department of Health and Human Services, more than half of Americans turning 65 today will require some form of long-term care, making it essential to plan ahead. This is especially true if nursing… read more…