Estate Planning- Trusts

Key Considerations for Smooth Wealth Transfer Planning

Key Considerations for Smooth Wealth Transfer Planning. Components of a robust estate plan include a will, trusts, a power of attorney, and healthcare directives. A will specifies how your assets should be distributed upon your death. Trusts, which hold and manage assets on behalf of beneficiaries, can be tailored to meet specific needs, such as reducing estate taxes or providing for minor children. A power of attorney grants someone the authority to make financial and legal decisions on your behalf if you become incapacitated, while healthcare directives outline your medical treatment preferences.
Investment Advisor

Partner With 5 Experts to Create Your Ideal Personal Finance Journey

By Tim McMahon | July 3, 2023

Managing your personal finances can be challenging, especially if you are not familiar with earning, saving, and investing a larger amount of money. In the modern world, where financial literacy is crucial, finding the right resources to help you make informed decisions is vital. Partnering with the right professionals can help you get on track and set the foundation for your ideal personal finance journey. This blog post will discuss five types of experts who can help you create an ideal personal finance journey that works best for you.

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4 Green Flags choosing Insurance

4 Green Flags When Choosing Insurance

By Tim McMahon | June 30, 2023

Insurance is an important aspect of our lives, protecting us against unexpected events such as accidents, illnesses, and disasters. It is crucial to choose a reputable insurance agency that provides the best coverage and services. However, with so many insurance companies out there, it can be challenging to distinguish the good from the bad. A good insurance agent combined with a good insurance agency can help you find the right insurance for you.

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Happy Family

8 Financial Planning Tips for Growing Families

By Tim McMahon | June 23, 2023

Growing a family is an exciting journey filled with joy, anticipation, and, naturally, a few challenges. One such challenge is managing your family’s finances effectively. The financial demands of a larger family differ significantly from those of a single person or a couple. That makes managing incomes and expenses for the big bunch an essential exercise. That is where smart money moves come into play. This article will provide eight crucial financial planning tips to help navigate your growing family toward financial stability and prosperity. With a little planning, you can ensure your loved ones a secure, bright future. Explore these tips and gain control over your family’s financial destiny.

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assisted living

Embrace the Golden Years: Navigating the World of Assisted Living With Grace

By Tim McMahon | June 16, 2023

As we age, we all face the inevitable reality that our bodies and minds will eventually slow down. Tasks that used to be routine may now be more challenging, and we may require extra assistance to maintain our quality of life. It’s ok to admit that you need help, and assisted living facilities can provide the support, care, and companionship you or a loved one needs during their golden years. In this blog post, we’ll take a closer look at the world of assisted living and discuss how you can navigate it with grace.

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social security older couple

A Comprehensive Guide to Social Security Disability Benefits

By Tim McMahon | June 14, 2023

This comprehensive guide is designed to help you understand the ins and outs of social security disability options so that you and your partner have the information needed to make sound financial decisions regarding disability insurance.

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3 Legged Stool-Gold, Stocks, Bonds

Preparing for Retirement: What Is a Gold IRA?

By Tim McMahon | June 12, 2023

Conventional wisdom says that you need a mix of stocks and bonds because when one goes up the other typically goes down. But what if both go down at the same time (as happened in 2008)? Wouldn’t it be nice if instead of a two legged stool of (stocks and bonds) you could have a 3 legged stool that was even more stable?

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Loan Modification

What to Do When You Need a Loan Modification

By Guest Author | June 12, 2023

There are a number of modification programs available, depending on the lender and the type of mortgage you have but you can’t just apply for a modification because you’d like to pay less for your mortgage.

In order to qualify for a loan modification there has to be evidence of hardship, like a disability, job loss, new medical condition, or loss of a spouse. To qualify for a loan modification, you have to be in default (have already missed payments) or be on the edge of default.

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Debt Monster

Important Tips for Managing Your Family Debt

By Tim McMahon | June 7, 2023

If you want to pay off your debts, it’s important that you approach the task the right way. So, we’ve put together important tips for managing debt as a family that will help you do it!

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Saving Money on Home Repairs

6 Tips for Saving Money on Home Repairs

By Tim McMahon | May 30, 2023

Home repairs can be a costly affair, especially if you are not adequately prepared for them. Whether it’s a plumbing emergency or a sudden need for a new roof, unexpected repairs can throw your budget off balance. However, with the right strategy, you can save big bucks on home repairs and maintenance. Here are six tips that will help you do just that.

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How to Sell Your Home Quickly

How to Sell Your Home Quickly Without Sacrificing Profit

By Guest Author | May 27, 2023

Selling your home quickly without sacrificing profit can be a daunting task, especially in a competitive housing market. However, with careful planning and preparation, you can sell your home in a timely fashion while still maximizing your earnings. This post will explore some essential tips to help you navigate the home-selling process and ensure a successful outcome.

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Gold Bars

Why Add Precious Metals to Your Financial Portfolio?

By Tim McMahon | May 25, 2023

In uncertain economic times, many investors turn to precious metals to diversify their portfolios and protect their wealth. While investing in precious metals may seem daunting, it is a smart financial move that can provide many benefits. In this post, we’ll explore the top reasons why you should consider adding precious metals to your financial portfolio.

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US Population Ethnicity

Fifty Years of Reparations and Counting

By Tim McMahon | May 24, 2023

“Reparations” is a hot-button topic of late, with people on both sides of the issue holding strong (but opposing) convictions. Today I’d like to shed some statistical light on the subject. But first…

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