For the second time in three years, our friends in Washington have chosen to celebrate the holiday season by passing a significant tax-related bill. Two years ago, a Republican-controlled Congress enacted a substantial tax reform package, the Tax Cuts and Jobs Act of 2017. Then, in 2019, a divided government…
Do You Need (More) Life Insurance?
The financial planning process is, by its very nature, an exercise in exploring sensitive and delicate issues. But perhaps no topic generates as much discomfort and anxiety among clients as life insurance. In general, most people—especially younger, healthier individuals with young children—find it difficult to confront the idea of their…
Beneficiary Designations: A Primer
As the nation prepares to inaugurate a new president with strongly different viewpoints and policy prescriptions than those who have preceded him, a number of financial rules and regulations have found themselves suddenly on the chopping block. President-elect Trump and potential members of his administration have already openly challenged last…
Managing Your Digital Estate
Confronting our own mortality is never a pleasant task, and as a result, estate planning considerations tend to take a back seat in the financial planning process. Indeed, an estimated 55% of Americans are currently living without a will or other estate plan in place, a number that is only…
Planning Across Generations
Successful financial planning is always a team effort—it requires open and honest communication and coordination between spouses, as well as with advisors. Financial issues are often sensitive subjects, and encouraging and facilitating difficult conversations is one of our most important roles as financial planners. But our experience has taught us…
