INDIVIDUAL PLANNING

Disaster Victim? Having the Right Insurance “Security Blanket” Can Be Key to Financial Recovery

Hurricanes Harvey and Irma are events that for many will define 2017. Those victims in the path of the storms entered into a blur of activity preparing for their arrival — securing their homes, boarding their businesses, buying supplies, and finding safe spots for their loved ones. When a disaster of any kind damages a [...]

September 29th, 2017|DISASTER PREPARATION, DISASTER RECOVERY, INDIVIDUAL PLANNING|

4 Debt Management Magic Tricks for Financial Success

Debt is a reality for many Americans. Consider the following statistics from consumer information provider ValuePenguin: The average amount of credit card debt in America is $5,700. More than one-third of all American households have credit card debt. The total outstanding U.S. consumer debt is $3.4 trillion. Many individuals find themselves underestimating or ignoring their [...]

May 24th, 2017|INDIVIDUAL PLANNING, INDIVIDUAL TAX, JUNE 2017|

7 Tips for Individuals for Financial Luck in 2017

Kick off your 2017 the fiscally wise way with these personal finance tips.

December 20th, 2016|INDIVIDUAL PLANNING, JANUARY 2017|

Apples and Oranges: Keeping Personal and Business Finances Separate

Many small business owners tend to think, “I am the business, and the business is me.” Though conceptually this may be true, it is critical to keep the financial fruits of your business separate from your personal endeavors – especially from a legal and accounting standpoint.  Taking the time and effort to maintain autonomy between [...]

December 2nd, 2016|FEBRUARY 2017, INDIVIDUAL PLANNING, START-UP BUSINESS PLANNING|

5 Situations When Your First Call Should Be Your CPA

When you're in a serious situation, you may think to phone a friend or a family member. But do you ever think to call your CPA? Watch as Brian Faircloth describes five circumstances in which your CPA should be the first person to call.

April 21st, 2016|INDIVIDUAL PLANNING, VIDEO|

Succession Planning

A succession plan outlines the process for changing control of a business when the owner(s) step(s) down from leadership while continuing business operations. Watch Michael Scott explain why it's never too early to begin succession planning.

April 19th, 2016|BUSINESS TRANSACTIONS, INDIVIDUAL PLANNING, VIDEO|

Control, Alt, Delete: 4 Types of Consumer Debt

Control-Alt-Delete allows users to close a computer application that isn't functioning properly. But what happens when your finances aren't functioning properly due to consumer debt? Watch as Louise Anderson and Scott Abrams discuss the four types of consumer debt, as well as smart ways to re-boot your finances.

April 19th, 2016|INDIVIDUAL PLANNING, VIDEO|

Navigating The Maze of Retirement Planning Options

According to the Federal Reserve’s latest Report on the Economic Well-Being of U.S. Households, 30% of non-retired respondents have no retirement savings or pension – including nearly 20% of those ages 54-64. Finding a plan that suits your individual needs is the key to planning for your retirement. Watch as Michelle Stinnett and [...]

February 2nd, 2016|INDIVIDUAL PLANNING, VIDEO|

Who Are You Going to Call…When It’s Time to Create a Succession Plan

Succession planning is critical to any business’ long-term success. Being realistic and prepared are the keys to the success of a succession plan. Watch David Oliver discuss succession planning and the benefits of being prepared for the unexpected.

June 12th, 2015|BUSINESS TRANSACTIONS, INDIVIDUAL PLANNING, VIDEO|

Life Insurance Tax Strategies: Maximizing this Multi-Use Tool

Much like a Swiss Army knife, life insurance is a versatile and powerful tool that can be used in a variety of ways to provide for the future financial needs of loved ones. And, with advance planning, policyholders can take advantage of many benefits while also maximizing life insurance tax strategies. However, life insurance is [...]

May 25th, 2015|INDIVIDUAL PLANNING|

5 Exercises to Rehabilitate Retirement Funds

Stock market crashes. Health care emergencies. Investment nightmares. Many Americans who had built a nest egg that they thought would ensure a comfortable retirement have found themselves suddenly scrambling to refill their retirement fund coffers after these types of unexpected crises. Is a healthy retirement still achievable after such a blow? Yes, but building a [...]

April 1st, 2015|INDIVIDUAL PLANNING|

Untangling the Estate Planning Web of Digital Assets

Estate planning has typically been a complex process with intersecting dollars and family members. Deciding who gets what is difficult enough when it comes to money, personal property, and family heirlooms. But now there is another estate planning consideration: digital assets. Weaving Online Digital Assets Together Digital assets run the gamut from online banking account [...]

March 24th, 2015|INDIVIDUAL PLANNING|

Latest IRA Rollover Rules Change the Rotation But Not the Game

Beginning in 2015, the IRS is changing the lineup on the retirement savings game. Announced in March and clarified in November, new rules controlling IRA rollovers make careful attention a necessity for individuals who play ball using the tax-advantaged retirement accounts. As of January 1, 2015, only one IRA-to-IRA rollover is permitted per taxpayer per [...]

February 1st, 2015|INDIVIDUAL PLANNING|

Start Strong with These 15 Personal Finance Tips and Exercises

The New Year is typically filled with aspirations for future success. While losing weight is still the most popular New Year's resolution, getting into better fiscal shape appears on most people’s lists, too. Like physical fitness, true financial fitness takes ongoing effort in all seasons, but getting off on the right foot feels good. So as a [...]

January 1st, 2015|INDIVIDUAL PLANNING|

Intersecting A Business Plan with A Succession Plan for Increased Success

Many business owners launch their enterprises with a business plan—a written document outlining the company’s strategy. Likewise, many owners exit their businesses via a succession plan—a written document detailing the transition of a company’s ownership. All too often these two documents do not cross paths or even lead toward a common goal.  Therefore, once business owners have [...]

December 1st, 2014|BUSINESS TRANSACTIONS, INDIVIDUAL PLANNING|

Second Mortgage Might Be The Charm

Despite sharing some of the same letters, a mortgage is far different from a marriage. It isn’t considered a lifetime commitment, and it isn’t typically expected to last through “richer” and “poorer.” In fact, mortgages can be refinanced into something much more affordable and more aligned with your evolving financial situation and long-term goals. But [...]

November 25th, 2014|INDIVIDUAL PLANNING|

Changing Seasons: Caring for Aging Parents

It’s not unusual to take on the responsibility of caring for an aging parent, and it can provide stress relief from wondering how that parent is coping and being treated. However, it does require considering many details from insurance to legal documents. Plant Seeds for Long-Term Care (LTC) Insurance The financial burden of caring for [...]

September 25th, 2014|INDIVIDUAL PLANNING|

Working During Vacation: 4 Tips for Keeping Your Cool

As the summer vacation season literally heats up, some workers may be feeling more run down than they did in years past. Why? The annual ritual of lying on a beach or exploring new places is now often accompanied by the need to check email and take calls. The results of a new survey confirm [...]

July 24th, 2014|INDIVIDUAL PLANNING|

Bridging the Age Gap with Proper Couples Retirement Planning

Most information about retirement planning is applicable to couples within the same age range rather than “May-December couples,” (which is a slang term for a couple with a significant age difference in which one person is in the “spring” of life and the other in the “winter). One might think that couples retirement planning for [...]

June 24th, 2014|INDIVIDUAL PLANNING|

Retirement Plan Early Withdrawal

For those individuals facing financial challenges, it may seem tempting to make withdrawals from retirement plans. However, this case is one in which the early bird doesn't typically catch the worm. Generally, this decision should be considered a last resort since withdrawn or borrowed money will no longer earn investment returns that are tax-deferred. Those [...]

June 21st, 2014|INDIVIDUAL PLANNING|