Your Financial Future - January 22, 2019

Some people are fortunate enough to have enough financial resources to leave a legacy to family members or some special cause. If they have accumulated more than they need to consume in their lifetimes, they may be able to multiply the size of their gift with proper planning. Today, we are going to discuss tax […]

Your Financial Future - December 10, 2018

Last December, Congress passed the biggest tax law changes in thirty years. It will change the way we file our taxes for 2018. This week, we will discuss how the changes will affect people going through a divorce. Since 1942, the person paying alimony got to take payments off of their income and the person […]

Your Financial Future - November 16, 2018

Recently the Social Security Administration announced that most people’s SS benefits will rise 2.8% in 2019. This is the largest increase in seven years. This cost of living increase will help many retirees keep up with inflation. Remember, SS is one of a few retirement income sources that have inflation protection built in. This is […]

Your Financial Future - October 9, 2018

Starting in a few weeks, we will see many ads on television discussing Medicare supplements. This is because annual enrollment is every year between October 15 and December 7th. Annual enrollment is when seniors on Medicare make their decisions for the next calendar year. Everyone must go on Medicare when they reach age 65 unless […]

Your Financial Future - September 5, 2018

The recent death of Aretha Franklin points out some estate planning issues for all of us. We would expect some one of Aretha’s wealth and connections to have a complete estate plan. The truth was she did not even have a will. When you die without a will, it is known as “dying intestate”. State […]