This article has two purposes: First, to highlight the typically unknown risk of owning a home that lacks full-time residents. Second, to explain the difference of what it means for a home to be either unoccupied or vacant. The nuances of these two…
There seems to be a lot of talk in the news these days about active investing and passive investing. It appears that a lot of people don't really know the whole story. When people use the terms active investing and…
There has been much in the news about fiduciaries recently given that the Trump administration may be considering the delay or repeal of the Department of Labor's proposed fiduciary rule. As with most news features, it can be difficult to…
The IRS Tax code is not typically known for offering a free lunch. However, there is one type of account out there that many people have heard of but don’t fully understand how beneficial it can be. The Health Savings…
When having your taxes prepared—whether by using a tax program or a tax preparer—the expectation is to end up with the lowest tax bill possible. Unfortunately, such an expectation may be inaccurate. Most tax programs and tax preparers take data…
The personal financial services industry is going through a major metamorphosis for the better, and it is creating a true profession. At present, the overwhelming majority of the financial industry is sales- and relationship-driven. The majority of advice that financial…
No matter in what state you reside, gun control is a timely topic. Gun laws continually change, and if you are a gun owner, you have a responsibility to remain aware of the laws when it comes to your estate…
It’s not uncommon to consider paying off your mortgage when you get close to retirement or come into a large sum of cash. It’s also not uncommon for many financial advisors to recommend maintaining or even taking out a mortgage…
The greatest financial scams are perpetrated on the most vulnerable group in America, aging senior citizens who are slowly losing mental capacity. The aging process invokes emotions of fear, consequently triggering emotions of anger or greed because the mental capacity to…
Companies of all sizes, no matter how big or small, are likely to provide some form of company benefits. However, not all benefits best fit the employee's needs, so it is important to understand how to integrate benefits within an…