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A Brief History of Estate Taxes
Federal estate taxes have been a source of funding for the federal government almost since the U.S. was founded. In 1797, Congress instituted a system of federal stamps that were required on all wills offered for probate when property...
Read MoreParents' Guide to Back-to-School Finances: Navigating the Costs with Confidence
Back-to-school season can be a stressful time for parents as they prepare to equip their children for another year of learning. From school supplies to clothing and extracurricular activities, the expenses can add up quickly. In this...
Read MoreEverything You Need to Know About Trusts
You may have heard the term discussed in financial advising or estate planning conversations, but what exactly is a trust? In the most basic terms, a trust is a legal arrangement in which assets are held for the benefit of someone else...
Read MoreDo You Need Health Insurance for Your Trip Abroad?
Whether you’re traveling for business or pleasure, a trip abroad takes a lot of research and planning before the fun (or work) begins. In addition to looking up flights, hotels, attractions, eateries, and how to ask, “Where’s the...
Read MoreBenefits of Charitable Donations from your IRA
Charitable donations have long been a way for individuals to give back to their communities and support causes they care about. However, many people may not realize that charitable donations can also have tax benefits. By donating from...
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Financial Planning Considerations for Single Women
For various reasons, the state of a woman’s financial security often depends on her marital status. A study from the U.S. Government Accountability Office says that women’s household income dropped by 41 percent after divorce, nearly...
Read MoreHow to save money with an HSA
A Health Savings Account, HSA, is an account that can be opened by individuals who are under high-deductible health plans. The basis of the account is that it has tax advantages and allows individuals to save for certain medical...
Read MoreWhy is insurance so important in financial planning?
When planning your finances and future, it is important to consider ways to strengthen and secure your financial plans. One way of doing this is by ensuring you are prepared for the unexpected by having an insurance policy that will...
Read MoreAre trusts worthwile?
Estate planning can be daunting, especially when you consider the various intertwining factors. This includes choosing beneficiaries, allocating your estate to these beneficiaries, and choosing the right financial planners and legal...
Read MoreHow to plan for your child's largest expense: College
Planning for various expenses as your child gets older, such as food, clothes, and extracurricular activities is a necessary step to take to ensure you are financially prepared to support your children through their childhood. However,...
Read MoreWhen do you need life insurance?
Whether you need life insurance depends partly on your stage of life. If you’re younger, you may have less need for coverage. As you move along the path in life, you’ll likely have more of a need. And, as your responsibilities lessen,...
Read MoreAmericans-turned-expatriate retirees: Why is retirement abroad so popular?
Picture this: You wake up on a typical Sunday morning in retirement. Beginning your daily morning routine, you roll out of bed and open your blinds. The view outside your window is the tropical country of Panama. Wow! Could it be...
Read MoreAre younger people in your family still not investing in a Roth IRA? No age is too young to start!
Roth IRAs are not for everyone, but for some people, a Roth IRA is one of the best investment vehicles available. David and Ashley were recently talking with a tax accountant who pointed out that the children in the portraits on his...
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