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Archive | Estate Planning

Will, HCAD May Not Always Be Essential

As inevitable as death is, given the way we avoid planning for it we seem to believe we will evade it if we don’t talk about it. Two-thirds of Americans don’t have a will or a health care advanced directive. Financial planners like myself often preach that everyone must have both. However, there are exceptions […]

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Financial Planning In Your 30’s

For many young adults, the 30’s are the decade when real adulthood takes over. It’s the decade of family. It’s typical at this stage to be parenting young children, getting well-established in careers, and managing responsibilities like buying a home. With a mortgage, daycare, possibly student loan payments, and the boatload of other obligations that […]

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Live in the Present, Plan for the Future

Being present. Living in the moment. These important aspects of personal and spiritual growth may sound simple and attractive, but they are far more difficult to practice than they seem. Living in the moment doesn’t mean ignoring the consequences of past events or avoiding planning for the future. Being present includes attaching appropriate weight to […]

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More Tax Consequences of President’s Proposed Budget

The current annual US budget, as proposed by President Obama, includes some significant potential changes in tax law. Among these are proposals that could result in higher capital gains taxes on inherited property, an end to most tax-deferred real property exchanges, and increased taxes on S corporation dividends.

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