There are a lot of things to worry about in life, but the gift tax probably isn’t one of them. The gift tax is a federal tax applied to transfers or “gifts” of money to other people while getting nothing or less than the full value in return. Unless the gift tax exceeds $15,000 the […]
Stop buying life insurance as a savings strategy. Stop buying it as a tax-deferral vehicle for retirement savings. Stop spending thousands of dollars a month on life insurance premiums, at least until you read the rest of this column. Life insurance is not a retirement savings strategy. Why do we buy life insurance? A
Life insurance is not for saving Read More »
Pamela Yellen’s New York Times best-seller, “Bank on Yourself,” made a splash by promising to help people build their wealth even as their investments were losing value. In the aftermath of the housing crash, the book seemed to throw a lifeline to consumers whose financial security was suddenly under threat and who were desperate for
Bestselling book’s financial promises don’t add up Read More »
Due to the inclement weather anticipated in our area from Hurricane Milton our home office in Altamonte Springs is closed Wednesday - Friday, October 9th-11th. During this time, clients may access their accounts by contacting the custodian directly or other such third parties as they receive statements from as well. Please check back for updates
