Business Owners: Equalizing Estate Distributions to Your Children
When a closely held business is involved, it can be challenging for parents to achieve a distribution of their assets that is equitable. Learn why in this week’s Business Tip.
What Will You Pay for Medicare in 2018?
A 2% cost-of-living increase for 2018 Social Security benefits will cause more people to pay higher monthly Medicare Part B premiums. Learn more in this week’s Insurance Tip.
Sudden Wealth
We all dream about winning Power Ball, but a significant financial windfall is not as simple as deciding how to spend the money. We explain in this week’s Financial Tip.
In the News: A Charitable Impact Can Start at Home in Your own Community
Bil Lako, CFP®, had a chance to interview Shari Martin from the Cobb Community Foundation on how they assist philanthropic individuals, families, businesses and organizations with donor-advised funds.
What Is Cyber Insurance and Should Your Business Have It?
If your business is online—let’s face it, most business are—you’re not immune to a data breach. Protect your customer data not only with a firewall but a cyber insurance policy as well. Learn more in this week’s Business Tip.
Early Year-End Tax Planning To Take Advantage Of Possible Tax Reform
We warned you! Tax laws do change, and we’re approaching what could be a BIG change. Thankfully there is still time and moves to make that may reduce your 2017 tax bill. Read all about it in this week’s Tax Tip.
It’s Time for Baby Boomer RMDs!
Baby boomers are turning 70½ at a fast clip—about 10,000 per day! If you’re a baby boomer, it’s time to take required minimum distributions seriously because penalties are steep!
The Ultimate Cheat Sheet on Growing Your Business
Key Performance Indicators help business owners know how their company is performing, and they can be used as a guiding point for every decision made within the company. We explain in this week’s Business Tip.
Consider Your Plan Before Customizing Your Insurance
In today’s Marietta Daily Journal, Bil Lako, CFP®, explains how you have to understand what you’re protecting before you buy a souped-up insurance policy to cover it. Spoiler Alert: It starts with your financial plan!
I still have money left in my FSA that I have to use by December 31st. How should I spend it?
If you find that you still have money left over in your FSA as the end of the year approaches, there are a number of ways to spend down your account balance. We explain in this week’s Insurance Tip.