The New Year is a natural time to reflect and determine how to make the next year even better. You may even choose to make—dare we say it?—a resolution or two.
If you are over 70 ½, Congress made permanent in December 2015 your ability to make charitable gifts directly from your IRA.
While there are endless books on the topics of caring for a new baby–from the type of laundry detergent to use to the “best” ways to sleep train–there are not nearly as many resources dedicated to the financial aspects of a baby.
This fall marks 100 years since President Woodrow Wilson signed into law the Revenue Act of 1916, which introduced the estate tax to Americans.
News outlets were flooded on Tuesday with the news that Angelina Jolie had filed for divorce from Brad Pitt, her husband of two years and partner of nearly 12. With six children, numerous international properties, and an estimated $400 million joint net worth, “Brangelina’s” divorce is likely to be more complicated than most. Even without the harsh media spotlight, divorce is almost always a devastating, challenging ordeal.
The average Class of 2016 graduate has $37,172 in student loan debt, a six percent increase from the previous year. One way parents can help alleviate this debt burden is to start saving early! There are several good options for college savings, and one of the most popular is a Section 529 plan.
Much has been written about Prince’s death on April 21, and while the news has mostly focused on his music legacy and the surge in purchases following his death, financial news outlets are discussing the fact he died without a will. With an estimated $300 million at stake, it could take months – if not longer – to untangle the estate. While Prince was unique in many ways, his estate situation is not.
While iPhone apps, SMART goals (Specific, Measurable, Attainable, Realistic and Timely) and other tools help with keeping resolutions, research shows that between 62-88% of resolutions fail. How can one attempt to avoid this grim reality?
It is difficult, if not impossible, to properly manage your investments alone.
Over the course of five Market Notebook entries, we explain what our top five takeaways were from The One Page Financial Plan and our subsequent conversation with Richards.