4 Ways to Gift Money to Family and Minimize Taxes
Posted on:
18 February 2021
After a lifetime of earning your money, do you want to help friends and family with it? One key element of giving money or assets to others is to minimize the tax effects both to yourself and the receiver. After all, if your gift is eaten up by taxes, it does less good to either of you. So, how can you give while ensuring the lowest tax bill? Here are a few ways.
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Tips For Financial Planning Evaluations During A Crisis
Posted on:
7 December 2020
Financial planning is generally about long-term goals, saving for the future, and deciding what you wanted to do with the money you were able to set aside. However, when things change, your financial planning needs to change as well. For example, in times when everything is unpredictable, such as during a global pandemic, you'll want to be sure that you reconsider your financial planning and reprioritize how you use the cash that you do have.
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What You Should Know About Fee-Based Financial Planners
Posted on:
7 August 2020
You might know that you need a little bit of help with your finances, and you might be ready to hire a financial planner to assist you. However, you might not know much about the different types of financial planners and what they all do. Someone might have told you that it's a good idea to hire a fee-based financial planner, but you could be wondering why this is true or what sets these financial planners apart from others.
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Are You Saving Too Little?
Posted on:
23 July 2019
Saving money is important for all people. Whether they're saving for retirement, for those emergency situations that pop up in life, or even, as is ideal, for a little bit of both, saving is incredibly important. The key, however, is to make sure you're saving as you go and that you're saving adequately.
Fortunately, there are many simple ways to tell if you're saving enough money or not. If you're not sure exactly where you stand, savings-wise, then there are a few things you'll want to think about.
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