With higher marginal brackets a likely reality and the 2019 SECURE ACT’s elimination of the STRETCH IRA, annual income tax planning has become even more important. ...

The events of the past two years should serve as good reminder to all of us that no matter what you do every day, we face risks beyond our...

Parsec's Sarah DerGarabedian explains how portfolio diversification helps protect against limitations of our narratives’ predictive capacities.

Articles about the benefits of meditation are everywhere these days, and for good reason. 2020 and 2021 were unusually stressful years, and people are looking for non-addictive, healthy ways...

Earned income stops for everyone at some point, and people then need to navigate the transition from saving for retirement to spending from their investment portfolio.

One silver lining amid recent events is that market interest rates have declined, resulting in lower mortgage rates. Mortgage rates are sensitive to the 10-year Treasury note, which had...

It’s December and your to-do list is a mile long. The last thing on your mind is your finances. Still, they deserve a good look before the close of...

Normally, we do not make these requests until we are in the throes of tax season but let’s take a proactive look at steps you can take now via...

For many, charitable giving is an important personal value. For those of you who already have charitable intent, then a bit of planning will ensure that your gift is...

I’m often asked this question: "With the federal estate tax exemption amounts being so high, do I really need an estate plan?" The answer I give is "Absolutely yes!"

Throughout my career at Parsec, I have had the opportunity to join our founder, Bart Boyer, at several client appreciation dinners. During these events, Bart would famously review the...

If you have recently inherited an IRA, may receive an inherited IRA in your future or are passing along your IRA to beneficiaries, it is important for you to...

The areas of trust planning and trust creation are vast and limited only by the imagination of the trust-makers, their attorney and the law. Trusts can be written and...

Even though 2020 and 2021 have been a challenge for everyone in very personal and different ways, I believe that one commonality we all share is that these...

As we approach the end of the year and the holiday season, we seem to be bombarded with opportunities for charitable giving. Happily, many of us answer this call...

The trustee acts as the legal owner of trust assets and is responsible for handling any of the assets held in trust, filing taxes for the trust and distributing...