Twelve points Blog
Required Minimum Distributions Suspended for 2020
he Coronavirus Pandemic has impacted so many areas of our lives, but there is one bright spot. The Required Minimum Distribution (RMD) Rules for IRAs and other Qualified Plans have been modified for 2020.
Tips for Strategic Giving
The end of the year is a great time to ensure that you are using the right tools and techniques to maximizing your annual gifting program to family and philanthropy. This month, we discuss the spectrum of gifting strategies, such as traditional or outright cash gifts, dealing with more complex assets, and gifting for families with young children. We also review the impact of charitable gifting on income taxes.
Student Loan Debt Affects Relationships. Financial Planning Can Help.
A recent CNBC article reveals just how concerned couples are about their student loan debt. The article 1 in 8 Divorces Is Caused by Student Loans is stunning and points out how these debts need to be talked about more seriously and more often.
Keep Your Family Safe with These Essential Legal Documents
This month, we look at the legal documents to keep you and your family safe and sound. We’ll dive into estate planning topics such as living trusts, wills, the variations on power of attorney (durable, nondurable, special, limited, springing, and medical), advanced medical directives, and protection plans for children.
Why the Stock Market Is Not the Economy
When the economy is roaring, we take it as a given that the stock market must be rallying too. Low unemployment, high GDP numbers, and robust wage growth all bode well for a soaring stock market.
Planning for College: Savings and Financial Aid Tips
We pull back the veil of higher education savings to help you prepare for your child’s education path. We discuss higher education plans like 529 plans and Coverdell ESA, as well as financial aid programs such as FAFSA, MEFA, and federal/private loans.
Categories
