While it is ideal to start your financial planning journey early, most people don’t consider hiring a financial planner until something significant moves them to do so. Some of the more common triggers are starting a family, receiving an inheritance and planning for retirement. Here’s a closer look at some of the big events that send... Read More
A windfall of cash can seem like a dream come true, but it turns out that if you’re not careful, that money can disappear quickly. It is all too common to ignore the warning and end up squandering the money before putting it to good use. Consider taking the following steps if you ever come into... Read More
Getting an inheritance can be a financial opportunity but if you’re not careful, it can easily be wasted. It turns out, heirs often end up spending all of the money and getting accustomed to a more lavish lifestyle than they can keep up with. Figuring out what to do with an inheritance without squandering it... Read More
Maybe you purchase a lottery ticket every once in a while and dream of your life after winning the jackpot. If only you had millions and millions of dollars… The odds of winning the lottery may be minuscule, but there are a number of other times when you may receive a more modest financial windfall.... Read More
You may have heard of reverse mortgages as a way for seniors to tap the equity in their homes to pay for living expenses, but there are other ways that homeowners are using their homes to get by. Many seniors are on fixed incomes, with Social Security payments providing a significant portion of their monthly... Read More
A debt to the IRS can create enormous problems. If the IRS files a Notice of Federal Tax Lien, your credit scores will tumble. And you’ll likely find out that the IRS has a wider variety of collection tools at its disposal than most other creditors. So what happens if you come into some money,... Read More
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