When you need to withdraw cash from your investment account and you’re told the funds aren’t available, it can be a little unsettling, particularly when you know you have more than enough to cover the withdrawal. “What do you mean, the funds aren’t available? I can see them right there!”
“Cut my pie into four pieces. I don’t think I could eat eight.” – Yogi Berra
As the election news cycle reaches its climax over the next few months, investors will likely be inundated with speculative investment forecasts for an endless number of potential election outcomes.
As a former trust officer for a N.C. bank, I was fond of saying, “trusts are bounded solely by your imagination and tax law.” There is a tremendous amount of truth to that statement as trusts can be designed to do almost anything.
Having a child is one of life’s special events – but the cost of a growing family can also bring challenges to your life. Here are some ways that you can take advantage of tax breaks that come along with those extra mouths to feed.
My wife and I are slowly turning the corner from having two babies to two full blown toddlers. Like most parents, the question “where did the time go?” seems ever so true. It was not easy, and we still have a lot more fun chaos ahead, but we are glad we took the following steps to prepare financially before we had our first child.
I am a veteran of the United States Marine Corps. I have volunteered with various veterans organizations since I got out of the Corps, and I love sharing my experiences and passing along what I have learned to help fellow veterans and their families. I take advantage of several programs and benefits offered by the Department of Veterans Affairs (VA) and am familiar with many of the resources that are available. Even if you are not a veteran, you probably know someone who is, so read on!
There is nothing that can kill the romance of upcoming nuptials more quickly than your partner asking you to sign a prenuptial agreement (aka prenup). But do you know what can really kill the romance? Divorce!
Talking with your children about disability and/or death can be a difficult task for most people. Parents spend the better part of their financial lives working, saving and planning only to end up avoiding the proper communication and planning with children surrounding death. Parents often do not discuss their estate plans with adult children out of fear that this will only cause tension and improper incentives. But, in my experience as an attorney and financial advisor, the most successful planning results come from good communication.
Probably since before you made your first dollar, you were told about the importance of investing in the stock market…