Asset Protection
Feb 27, 2023
Even after 40 years of specializing in all things financial, I constantly learn new things, often from readers. My most recent teacher was Eugenia (Gene) Thornton, the Recorder of Deeds in Kent County, Delaware. She emailed me in response to an interview on identity...
Feb 6, 2023
Transparency is a highly valued attribute that is routinely promised—and frequently undelivered. In fact, it often seems that the more loudly transparency is touted, the more opaqueness is practiced. Perhaps Shakespeare’s famous line from Hamlet, “The lady doth...
Jan 30, 2023
The style of a recent email I received from a client made me laugh—even though the subject matter wasn’t funny. “Hi Rick! We received a letter from Discover denying an application for their credit card due to our credit history. We did not apply for their card. I told...
Oct 10, 2022
Last week I described three common dynamics in couples where one partner is much wealthier than the other. Those are the “Funder and Beneficiary” where the wealthy partner pays for everything, the “Proportional Spenders” who contribute based on their income, and the...
Apr 4, 2022
Last week we looked at four types of “stinking thinking,” cognitive biases that can contribute to poor investment decisions. Here are six more. Monte Carlo Fallacy. This is placing too much emphasis on the likelihood of an event happening, just because it...
Nov 29, 2021
The financial services field is one of the most regulated in the United States. I’m told that our regulations are as complex as those in the medical field. This makes sense; our health and our money are two important pillars of wellbeing. Preventing harm to...
Page 2 of 8«12345...»Last »
