The sooner you plan, the more prepared you'll be for life's unexpected twists and turns. You can start now, regardless of your net worth. You might still be paying off student loans or credit cards for the foreseeable future. Surprisingly, [...]
A last will and testament provides instructions for the distribution of your estate. It probably comes as no surprise that more than 70 percent of Americans don't have one. Most people aren't eager to draft legal documents, and there's a [...]
Saving for your child’s education is no small feat. Although it is ideal to begin a savings program when your children are born, some families don’t start saving until their children are older. One of the best options is [...]
No one likes to think about estate planning, but it's important for even young adults to have their affairs in order, especially if they have family or loved ones. As the old saying goes, "hope for the best, prepare [...]
A trust is a legal entity that holds assets — money, property, stocks, bonds, insurance policies or artwork — for the benefit of another. Trusts help you accomplish your estate planning goals; their power lies in their versatility. A [...]
Many couples would rather talk about sex expectations than financial expectations and arrangements. And that’s unfortunate, because studies show that money issues are the number one stresser in marriages. And when stepchildren are involved, money stress can become even [...]
Saving for your child’s education is no small feat. Although it is ideal to begin a savings program when your children are born, some families don’t start saving until their children are older. One of the best options is [...]
Whenever you spend money on your business, the expense is either deducted on your federal tax return in the year it is incurred or depreciated over time. Here's how to tell what to do. Deductible costs: These are the [...]
According to a spokesperson from the Risk Unit of Marquette University of Milwaukee, Wisconsin, "Establishing effective internal controls can help a department operate more efficiently and effectively and provide a reasonable level of assurance that the processes and products for [...]
You're in business to make money to feed your family, send the kids to college or drive the sports car of your dreams. But when you're a shareholder in an S corporation, how and how much you get paid can [...]
