Trust Basics
Want to control how your heirs spend their assets, minimize estate taxes, and possibly avoid probate? Trusts are very flexible tools to accomplish a bunch of wishes. We explain in this week’s Financial Tip.
How much house can I afford?
Buying a house? Lenders use formulas based on your gross monthly income, your housing expenses, and your long-term debt to determine how large of a mortgage you qualify for. Read all about it in this Question of the Week.
So Long To The Tax Deduction For Investment Expenses
If you have your money professionally managed, the Tax Cuts and Jobs Act took away the itemized deduction you took for those management fees. Learn more in this week’s Tax Tip.
Risk Management and Your Retirement Savings Plan
Chief Investment Officer Troy Harmon, CFA, CVA, is joined by Principal Jennifer Thomas, CFP®, and Managing Associate K.C. Smith, CFP®, to discuss how risk tolerances are affected by your time horizons, and what happens with your financial plan and time horizons when you’re blindsided by a life event.
Market Roundup: Major Indices Continue Downward Trend for Second Week
The major U.S. indices closed in red territory as trade tensions ramped up on Monday. The Technology sector was hit particularly hard resulting in the NASDAQ Composite falling nearly 3% in mid-day trading. In housing news, new home sales ticked up in May, with sales increasing 6.7% from April’s revised level and are up by 14.1% from May 2017.
In the News: Creating a Philanthropic Legacy with an Income Stream for You
In today’s Marietta Daily Journal, Bil Lako, CFP®, explains how you can profit from your business, minimize your capital gains, and benefit a charity by creating a charitable trust.
Choosing Your Accounting Method Under New Tax Laws
We tease that the Tax Cuts and Jobs Act was the employment act for accountants…it’s funny because it’s true, especially when it comes to choosing your accounting method for businesses. Find out why in this week’s Business Tip.
Meet the Experts: K.C. Smith, CFP®
Henssler Managing Associate K.C. Smith, CFP®, describes how our clients gain peace of mind with the cohesive approach to financial planning we provide.
Will debt consolidation hurt or help my credit rating?
Making one debt payment instead of many may help you keep your debt under better control, but you may end up paying more in interest over time. We explain in this Question of the Week.
Preparing Taxes for 2018 and Beyond
Now that the fog of 2017’s taxes are behind you, did you talk to your C.P.A. about 2018? Some significant rules have changed, especially itemized deductions. Better take a look at your taxes now! We explain in this week’s Tax Tip.