Watch this video on YouTube Is it a good idea to give control of your finances to someone else through a power of attorney? Maybe. Or maybe not. It’s foolish to sign away complete authority to someone who may or may not be trustworthy. It’s equally foolish...
Watch this video on YouTube Trusts are effective financial planning tools based on a structure that is simpler than it may seem. The creator of the trust contributes something of value into the trust and creates instructions as to how it will be managed and eventually...
“I need to share a secret with you: financial advisors aren’t perfect.” That’s how financial planner Tim Maurer opens an article published online in Forbes on December 7, 2011. He goes on to explain that “anyone trained to be an advisor in the...
When it comes to transparency and understanding who represents whom, the financial service industry could learn a lot from the real estate industry. When you are a customer, the salesperson’s job is to sell you a product or a service. While salespeople and their...
I came across an interesting article today in the InvestmentNews on “How to save wealthy investors from themselves.” The article lays out a solid argument that most investors, including those who work with an investment advisor, tend to...
