Featured Content
What Do Stock Splits Mean for the Investor?
“Cut my pie into four pieces. I don’t think I could eat eight.” – Yogi Berra
What History Has Taught Investors About U.S. Presidential Elections
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...
Structuring a Trust Fund for Your Children or Grandchildren
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...
Tax Help for Growing Families
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...
Five Financial To-Do’s Ahead of Welcoming a New Baby...
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...
Veteran’s Benefits: A Tool for Financial Planning
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...
7 Reasons to Consider a Prenup
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...
How to Talk to Your Children About Your Estate
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...
Equity Portfolio Construction – The Method to the Madness
Probably since before you made your first dollar, you were told about the importance of investing in the stock market...
I Received an Inheritance, Now What?
At some point in your life, there is a chance that you will inherit money or assets left from a grandparent, parent, or other family member. When someone that...
IRA Beneficiaries: Per Stirpes vs. Per Capita
Did you know that your IRA beneficiary supersedes your will? No matter how carefully you’ve crafted your last intentions in your will, an IRA beneficiary that was never updated...
Hidden Costs of College
Congratulations! You have four years of tuition, room and board stashed away in your 529 plan and your child hasn’t even graduated from high school yet. Now you can...
Giving Away Your Cake (And Eating It, Too) AKA...
When thinking about our own personal assets we have many choices. We can hold on to them (having our cake), swap them out (trading for a different cake), or...
Estimated Tax Payments
What a relief it is as individual taxpayers to get our pesky income tax return filed on July 15 (or sometime thereafter, on extension) and have the IRS leave...
Graduating From the Workforce – Are You Emotionally Prepared?
Everyone at Parsec works diligently to prepare you financially for retirement by guiding you to financial security. This is our mission, and our success can only be measured in...
You Have a High School Senior – Now What?
The last years of high school are an exciting, stressful and scary time for students, from academic pressure to social and behavioral issues. They are adults in many ways,...
What Do Stock Splits Mean for the Investor?
“Cut my pie into four pieces. I don’t think I could eat eight.” – Yogi Berra
What History Has Taught Investors About U.S. Presidential Elections
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...
Structuring a Trust Fund for Your Children or Grandchildren
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...
Tax Help for Growing Families
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...
Parsec In The News
Thought Leadership
What Do Stock Splits Mean for the Investor?
“Cut my pie into four pieces. I don’t think I could eat eight.” – Yogi Berra
What History Has Taught Investors About U.S. Presidential Elections
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.
Structuring a Trust Fund for Your Children or Grandchildren
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.
Tax Help for Growing Families
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.
Five Financial To-Do’s Ahead of Welcoming a New Baby to the Family
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.
Veteran’s Benefits: A Tool for Financial Planning
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!
7 Reasons to Consider a Prenup
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!
Content Archives
Featured Author
Michael Baughman
Michael is a Certified Financial Planner practitioner and a NAPFA-Registered Financial Advisor.
Tax-Loss Harvesting Amidst Market Turmoil
Don’t Let Health Insurance Concerns Stop You from Retiring
How to Determine if You Need Life Insurance
Our Long Form Thoughts
Why You Need a Digital Estate Plan and How To Create One
Digital estate planning is a relatively new phenomenon, having only begun...
Small-Business Succession Planning Guide
It is easy for a business owner to view the value...
8 Saving and Investing Principles
Here are eight fundamentals you need to learn how to save,...
Charitable Giving Tax Strategies
The 2018 Tax Cuts and Jobs Act materially changed charitable giving...
Finding the Right Financial Advisor
If navigating the complexity of investments, insurance and estate planning is...
Parsec Financial Longevity Forum
A robust library of educational content provided by local experts on various aspects of aging well such as wills and estates, long-term care, nutrition, financial advice, planning for your legacy and more.
