Preparing to Pay Your 2019 Taxes? First, Determine Your Tax Bracket

The deadline for filing 2019 tax returns is April 15, 2020. If you’re still working as an employee or independent contractor, you can expect to receive any Form W-2s and Form 1099-MISCs from your employers or clients by January 31. If you’re due Form 1099-INTs......

Should You Pay Off Your Mortgage Before You Retire?

Conventional wisdom dictates minimizing expenses if you want to stretch your retirement savings as far as possible. Traditionally, this has included paying off your home mortgage. However, a 2018 survey by a national mortgage broker indicates that practice may be changing. In fact, the survey......

Coronavirus And The Market

Every year or so there seems to be a new outbreak or health concern blazing its way across television and internet headlines for weeks. Banners and headlines warn us not to eat German lettuce or sneeze from the hours of 4:00 – 6:00 PM.  As much as we......

Handling Your Money Better In Retirement

As we approach our retirement, we can tend to get quite a mixed bag of feelings, thoughts and emotions. For those who are unprepared or unclear what their retirement may hold for them, anxiety and maybe some fear might be swirling in your stomach. And......

Alternative Investments

For many people who enter the world of investing, Wall Street offers enough options to satisfy their curiosity. But for others, that’s just not the case. Some people would like to make their money do something but have no faith in the market, and don’t......

Fiduciary vs. Suitability

In the financial world there are different types of financial advisors you can entrust your money to. These advisors of your funds adhere to different laws and standards based on how they can help you specifically. This article is meant to inform you on the......

The Bear Market?

This record hike in the stock market has been confusing many people, experts or not. This bull market has managed to sustain itself for just over ten years, and even now through talks of our president‘s impeachment, a trade war with our most traded with country, and......

Retiring In Southern California

Beautiful beaches, lush forests, and the best weather in the states, it’s no surprise that we here have earned the title of the Golden State (well and the actual gold). With all of the amenities one could want in their home state, it did not take long......

November 2019 Market Update

November was a month of low volatility for the U.S. as well as steady growth, despite the China trade talks in a gray fog, and impeachment talks reaching new levels. The tariffs being placed on South American countries as well as China has definitely taken......

The 529 Prepaid Tuition Plan for College Savings

Most parents consider college an important investment in their child’s future. However, covering its costs can be difficult. According to Sallie Mae, Americans spent an average of $26,226 for the 2018-2019 academic year. Nearly a quarter of them (24 percent) had to borrow money to......

The SECURE Act and Your Retirement

How much have you saved for retirement? If you answered, “Not enough,” you’re not alone. According to Northwestern Mutual’s Planning and Progress Study 2019, 22 percent of Americans have less than $5,000 stashed away for retirement. Another 15 percent have no retirement savings at all.......

China Trade War Update 11/25

Recent updates in the market have been looking as positive as ever. The trade talks are supposedly getting closer, and Wall Street is pumping out healthy numbers. This article will give you some simple updates on the status of the market, and the political economy,......

U.S. China Trade War Update

  Following the turbulence from earlier months, we had quite a few weeks of positive growth in the market. However, much of this came from the presumption that D.C. and Beijing were approaching some sort of agreement. Unfortunately, that is not the case. After a......

Why retirement planning for women is different

Did you know that women face retirement planning challenges that most men never encounter? It’s true, though if you ask most financial planners about it, they’ll tell you that every retirement plan is unique because every retiree is as well. However, while there are certainly......

How to Recession-Proof Your Portfolio

Do you think a storm is headed towards the American economy? With steady economic growth over the past decade, some worry that the U.S. economy’s winning streak could be coming to an end. Between a slowing global economy, several ongoing trade disputes, and the upcoming......

Fixing Credit Before You Make a Big Move

When it comes to retirement, we have to make a fair amount of big decisions in a fairly small amount of time. Some are trying to relocate, others are looking to travel, and some simply want to enjoy the luxuries of life. All of these......

Foreign Affairs That Hit Home

The economy recently has had some interesting developments. Some are just the aftermath of old wounds, and others are brand new situations. From the oil and energy sector to the trade war, the market and global economy have been reacting in a rollercoaster fashion. Staying......

How to recession proof your portfolio [Video]

Economic recessions are never pleasant. But they’re an unfortunate reality that investors have to deal with from time to time. While it’s impossible to predict when a recession will hit, there are often clues that warn of a potential economic downturn. If you’re worried that another recession......

Why Endowments have Outperformed Traditional Investments [Video]

U.S. endowments are exceptionally well resourced and have access to the best fund managers and private equity programs, which contributes significantly to their investment success. By adopting a more dynamic, proactive version of the asset-allocation principles used by these endowments, it is possible for smaller......

United Auto Workers Strike Against GM

Unions were once the strong backbone that supported the average working American. They have helped preserve the rights and interests of the laborers of our country. One of the largest working union is the United Auto Workers Union. And as one of the largest Unions......

August Economy Update 2019

  August has been a turbulent month for the market, many ups, and many downs. Coming into the back end of September we are starting to see the numbers from last month come in. Brexit has continued to make the EU unsteady and a strike......

U.S. China Trade War Timeline

It seems that this trade war is a recent event. Especially with the escalation of tension in the past few weeks. But in reality, this dispute has been going on for over a year. We just so happen to be at the boiling point as......

July 2019 Market Update

This past month has been quite eventful to say the least. (insert news headlines from July) With so much going on, and so many ups and downs in the market, it’s important to cover the basics and get a general idea of where the market......

Economic Update 08/21/2019

Things are heating up. The new developments in politics globally, and here at home are changing the economic landscape. As drama in Hong Kong escalates, other countries (including the U.S.) have been pressured more and more to become involved in the situation. It is likely......

Saving Money = Making Money

Many of the times that we find ourselves looking at our bank account, we are regretting the avenues our money went down, thinking of better paths our coin could’ve ventured. We wish we could’ve spent our money more wisely, and many times that wise decision......

Market Update 08/13/2019

The past week has been a roller-coaster for the market. Ups and downs have been fueled by the trade talks with China and that doesn’t seem to be changing anytime soon. The talks that happened this morning between the States and China seemed to be for......

US – S&P 500 SPDR Sectors

The S&P 500 Index plunged 3.0% on Monday, compounding the previous week’s losses (- 3.1%) as the U.S.-China trade war escalates, marking the worst single day of trading in 2019. With the 10-year Treasury note rates falling to 1.74%, one of the market’s most-trusted recession......

CalPERS Falling Short

  It isn’t news that pensions haven’t been doing as well as they used to. They are no longer the powerhouse that fueled the American retirement. In fact, many of the countries largest pension plans are starting to falter on a significant scale. Teamsters for......

Diversification

When it comes to strategies to invest, there is no single strategy that can solve all your problems. But there are ways to make sure that you and your money are taken care of the way that you want to be. The largest concern we......

Are State Pensions in Trouble?

At a funding level of only 31%, Kentucky’s pension is in trouble. Only New Jersey, with a similar level of funding, can match it in the race to the bottom. Despite being fully funded in 2000, years of shorting pension contributions to patch holes in......

U.S. China Trade Update 07/08/2019

Many experts believe that we should have all of the leverage in the trade negotiations, due to the fact that China exports far more to the United States than the other way around. The problem is that the administration cannot decide where to focus our......

Economy update May 2019

The recent weeks have been very chaotic for the global economy, with the United States at the epicenter. Trump has been working at resolving what is seen as unfair business relations between the U.S. and several our trading allies, and adversaries. These trade disputes have......

U.S. Iran Dispute

International relations have not been the most positive news headlines on our media outlets in recent weeks, and recent developments with Iran have not changed that one bit. Our White House administration has been involved with trade disputes with multiple countries recently, with China at......

ETFs Transparency & Liquidity

  When it comes to investment vehicles, liquidity is one of the most sought-after qualities. It is important to fully understand where you are placing your money, and what will be happening to it. This short video from JP Morgan helps explain what you need......

U.S. Economy Update 06/20/2019

The trade concerns between the U.S. and China has been headlining the news for far too long, and in far too many countries. It is newsworthy, to say the least. Mostly because when the worlds two largest economies participate in a trade war, all countries......

U.S. Pension Systems

We are all aware of the problems that are facing Social Security, especially because we must pay into it. But one thing that may not be in the direct focus of workers across the country, is the welfare of our nations pension plans. Public, private,......

Understanding FEHB in Retirement

Federal employees are often unsure about what happens to their health insurance when they retire.  There is confusion regarding premium payments, integration with Medicare, and whether or not retirees can even keep FEHB. It is important for federal employees thinking about retirement and federal retirees......

Should You Consider Alternative Investments for Your Portfolio?

Diversified, risk-managed, low cost, and tax efficient: These are the primary characteristics that most investors look for in a portfolio. But checking all of those boxes can be a little tricky when so many traditional investments seem to share downside correlation. Finding an asset mix......

U.S. China Trade War Update

The trade war between the United States and China has been escalating day by day. With each new development, there comes new troubles. Troubles that may have been previously foreseen, but new troubles, nonetheless. As our governments continue to debate back and forth, many of......

Yield Curve Inverts; Is A Recession Looming?

Last March saw the yield curve inverted by one basis point when the three-month Treasury bill yield surged above the ten-year Treasury bond yield. It was the first time since 2007 that this magnitude of yield curve inversion has occurred. While the yield curve has......

April Energy Update

Monthly Energy Letter April 2019   The Month’s Market Highlights Last month oil prices rose, reaching a six-month-high. Brent North Sea quality opened the listings at $69.22/bbl and closed at $71.68/bbl, while West Texas Intermediate crude started the quotations at $61.74/bbl, closing at $63.56/bbl. On April 24th, the......

Greenspan – Time to Fix Social Security

As Social Security gets to the point where it starts paying out more than it is taking in, experts are increasingly worried about its future and the economic impact it is having. Former Federal Reserve Chairman Alan Greenspan warns that underfunded entitlement programs are “creating......

U.S. China Trade War And How It Affects Us

  The U.S. China Trade War & How it Will Affect Americans If you have been watching the news in recent weeks, then you should at least be aware of the escalating trade war we are currently involved in with China. Well, for those who......

Quarter 1 Synopsis

There have been many developments in the economy as of late. Not just domestically but abroad as well.  The yield curve drama, the complications with the Brexit and the European Union, and many other dramatic events in the political domain. This first fiscal quarter of......

An Inverted Yield Curve. What Does It Mean?

There has been a lot of talk about the yield curve in the past two weeks. What it says, what it means, and how it is going effect us. But what exactly is the yield curve? And why do we need to know it? Well......

Economy Update

                With so much going on in politics and current events, its hard to narrow down our focus on the economy. But this is especially important when you need to keep track of what is happening with your money. There have been some changes that......

The Upside Of Market Volatility

2018 ended with a dramatic shift in market sentiment. With all of the volatility in the stock market right now, how can investors tame it and make the most of it? The last few months have seen oil prices plummet and stock market sell-offs due......

What Is Going On Now.

I want to thank Investopedia’s Caleb Silver for the work that he put into this article to make sure that the people are well informed. Not only on the status on their money, but on the status of the turbulent market that we are a......

Market Volatility Is Surging; Are You Prepared?

The economic boom that has continued since the end of the Great Recession has seen stock markets rebound and investors raking in record profits. But in 2018, the markets experienced a bit of a hiccup, with U.S. markets seeing two corrections (defined as a decline......

2019 Projections

There has been a decent amount of turbulence in the world economy during this transitional period into the new year, to say the least. There have been plenty of ups and downs domestically as well as internationally. This article gives a synopsis of the changes......

Cost Segregation

Cost Segregation Analysis Taxes are a necessary part of any functioning economy. And although I am sure we all would prefer a world without taxes, there are still ways that we can make our taxes work for us. The government has created tax incentives in......

High Net Worth Investors Look To Alternative Assets For Growth

Alternative assets are on the rise as HNWs look to restructure their portfolios. According to a recent survey by Connection Capital, a boutique investment firm, alternative assets such as hedge funds now make up at least 20% of one in four HNWs’ portfolios. The firm......

How To Protect Your Retirement Income

Those that have worked hard and saved for retirement deserve to enjoy their  golden years without having to worry about outliving  their  savings. With growing inflation, high life expectancy and low yield on stocks, deploying strategies and tactics that will produce constant growth and hedge......

5 Ways To Create Basic Retirement Income Streams

Americans are living longer than ever, which is mostly great news for retirees and those nearing retirement. This means you’ll have more time to enjoy your grandchildren, help your community or travel the world. The downside is that many retirees are faced with the problem......

Five Simple Reasons To Avoid Probate

The probate process can be lengthy, intense and sometimes very frustrating. That’s why many financial advisors advise their clients against having their estates go through probate. While the average American may have experienced a typical court hearing, few have seen or undergone a probate proceeding.......

Failing to Plan is Planning to Fail

Retirement is the end goal for most of us. It’s even in our minds in the beginning of our lives. From the first interview with that company to getting your first real paycheck, we can’t help but think, “What about that pension?” or “How much......

Alternative investments and if they are right for you

With every new stage in life, we usually end up introducing ourselves with questions; “Am I ready? What will it be like?” and most importantly “How am I going to handle this?”. With retirement in particular the most popular question is if you are actually......

5 Retirement Expenses Most People Overlook

We are inclined to think that in retirement our spending will decrease. While we will indeed see a decrease in spending, there are also expenses that can easily go up in retirement. Studies have shown that most people will need about 80% of their pre-retirement......

Six Changes to Social Security in 2018

There are no radical changes to social security in 2018. There are, however, some minor amendments to the existing rules. Here are some of the changes that are taking place: Full Retirement Age Increases The full retirement age for social security benefits for Americans born......

Top 4 Reasons To Avoid Probate

Many people have been told to avoid probate. But what exactly does that mean? And how do you keep your heirs from having to go through probate? Probate is a legal process for transferring assets to the heirs. According to LegalZoom, probate costs American families......

3 Ways to Avoid Probate in the Golden State

Setting up an estate plan ensures that your wishes are followed and that your heirs are taken care of after your passing. Save your family from hassle and unnecessary legal fees by taking steps to protect your estate. Unless you’re an attorney, there’s nothing good......

5 Common Mistakes When Naming Life Insurance Beneficiaries

Naming who will get the insurance proceeds after you die sounds simple, but mistakes are surprisingly common. Failing to properly name beneficiaries could lead to life insurance money being paid to non-intended beneficiaries or results in a costly legal battle for your family. One thing......

Unexpected Health Care Expenses Can Drain Your Retirement Savings

Life is a grand adventure. An adventure filled with surprises at every turn. However, not all surprises are good. As we get closer to our golden years, healthcare becomes one of the least pleasant of our surprises. Health care cost is the biggest problem retirees......

Gandolfini Estate Mess

James Gandolfini’s $30 Million Estate Tax Mistake In “The Sopranos,” the IRS didn’t stand a chance against Mafia boss Tony Soprano. But thanks to poor planning, the IRS will be the biggest beneficiary of actor James Gandolfini’s estate. Gandolfini died with an estate worth an......

Social Security Filing Options: How You Can Maximize Your Benefits

Social Security Filing Options: How You Can Maximize Your Benefits There are many things in life that should be simple. For example, receiving what you worked for. Although it shouldn’t be, the social security filing process is complicated. In 2015 Congress made some changes to......

Why Ken Fisher Is Wrong About Annuities

Have you seen the ads from Fisher Investments offering a free report that explains why Ken Fisher hates annuities? For those unfamiliar with Ken Fisher, he is a well-known financial analyst. He owns his own money management firm, writes a monthly column for Forbes magazine,......

Retirement Income Streams: Why you need more than one

When investors focus solely on the accumulation of a certain amount of money—such as $1 million or $2 million—to finance their retirement plans, they ignore the importance of cash flow. Creating reliable cash flows means you won’t be at the mercy of stock market declines,......

Why Annuities Are A Valuable Retirement Tool

One of the prime principles of David Ortiz Advisors, is keeping our clients money as safe as possible. Its for this reason that many of our clients choose annuities as a part of their retirement plan. However there is more to annuities than just being......

Why You Need A Living Trust

(Living Trusts are a crucial piece of a successful estate, allowing you to have far more control over your assets than a simple will.) A revocable living trust allows you to save time and money by avoiding probate, but the benefits don’t end there. Prevent......

Why You Should Consider A Fixed Index Annuity

Fixed annuities are really popular right now. According to the LIMRA Secure Retirement Institute, first quarter 2016 fixed index annuity sales increased by 35% over the same period during the previous year. That marks eight consecutive years of growth, while variable annuity sales dropped 18%,......

How To Get The Most Out Of Social Security

While collecting Social Security payments may seem simple enough, there are several benefit collection strategies – particularly for married couples – that might boost your retirement income. (Here at David Ortiz Advisors, we believe that by maximizing your social security you can expand your budget......

4 Keys to Increasing Your Retirement Income

According to a Prudential survey, more than seven out of 10 Americans are concerned about outlasting their income during retirement. Most baby boomers planning to retire during the next 20 years will need a combination of post-retirement work, Social Security distributions, and smart portfolio management.......

Donald Trump’s Presidency And Social Security

Trumps presidency has offered promise of economic growth in America, but economic growth doesn’t mean that everyone in the country is going to have more money and suddenly be in a better place. In fact, the bulk of Trumps plan, or at least what we......

Don’t Depend On Someone Else

Pensions used to be a dependable backbone for the American retirement plan. You put in your time and take care of your company, and in return they take care of you. But with the changes made in the economy there has been less and less......

Post Election

With the election comes change and reaction, which is not necessarily bad. With Trump winning the election bank and energy stocks soared with interest rates while tech companies fell off. Most of this is based on Trumps pro-growth plan dependent on private investors. In relation......

How Much Money Do I Need For My Retirement?

Probably one of the biggest question if not the biggest question when it comes to retirement planning, is how much money will I need for my retirement? This question is complicated because it affects you every day before and during your retirement trying to budget......

Don’t Outlive Your Retirement

One of the main concerns, if not the main concern, with retirees and soon to be retirees today is the fear that they will outlive their retirement fund and be left depending on their children or others for their well being. With life expectancy going......

Maximize Social Security And Maximize Your Retirement

Social Security is a program that has helped generations of Americans retire simply, safely, and without reason to worry, until recently. In recent years less and less retirees have been able to count on social security as a main flow of retirement income. In fact,......

Diversity

If you have a diverse portfolio then you will have financial freedom. Well this isn’t exactly as easy as it sounds. Many people believe that they have a very diverse portfolio but the diversity that I am talking about is quite a bit different than......

Alternative Investments

In this weeks blog, David Ortiz discusses the variety of alternative investment solutions and how they can work for you....

Guaranteed And Non-Guaranteed Arenas

In this weeks addition to the blog, David Ortiz discusses the difference between the Guaranteed and Non-Guaranteed arenas of investments. And how these different types of investments can further different goals....

Investment Advisor Vs. Broker

In this weeks segment of our weekly blog David Ortiz discusses the difference between an Investment Advisor and a Broker....

Powers of Attorney

Have you ever wondered what would happen if you needed to make an important decision whether it be financially, medically, or legally, and you just weren’t able to do it?  How would you ensure your interests when you aren’t there to protect them yourself, such......

Joint Tenancy Vs. Tenants In Common

Whether it be purchasing real estate whether it be a new property, or house for your family, it usually isn’t done alone. There are several ways of doing this; here are the most common. Joint tenancy and tenants in common, both of these are words......

Reviewing Your Living Trust

Here, David Ortiz continues off of last weeks blog about Living Trusts, by discussing exactly what you need to search for when Reviewing Your Living Trust....

Living Trusts

Here David Ortiz discusses the importance not only of Living Trusts, but keeping your Living Trust up to date to avoid any unexpected suprises....

Investments

When it comes to investments there are many goals investors seek when they delegate their money. Some are after massive gains, others are after a dependable secondary income. Here David Ortiz talks about the three things people look for in each investment and why you......

Domestic Economy Updates

There have been many developments in the global and domestic economies, however there are only a few that can affect you as an American consumer and taxpayer. David Ortiz explains the job market additions as well as domestic productivity developments, and how they can affect YOU!...

U.S. Market Updates

The united states market has had some interesting developments in the past week, from consumer prices to oil there have been significant changes that could effect the average consumer in one way or another and it is important to keep yourself informed and updated on......

Expect The Unexpected, Predict The Unpredicted

Atlanta Fed’s GDPNow model forecasts first-quarter GDP growth of 0.6%. The forecasts have gone from 2% then 1.4% and now this model projects next to no growth at all. Considering that this model begins projecting a quarters GDP about one month in. After the stock market......

Real Estate Matters

The housing market has been a roller-coaster for more than a decade now and to some the struggles in the real estate sector don’t change much or even effect your day to day. However, this market has had some interesting developments in domestically and on......

Getting Closer Every Day

The economic bubble which we have been experiencing for the past few months is showing more and more signs that its here to stay with every day that passes. There are some analysts who would still go so far as to say that the economy......

One Down

This quarter has is coming to a close and there are a couple of interesting foreign and domestic situations developing. Though these developments are nothing too surprising they are still something to be taken seriously in this already serious time. The first quarter estimates for......

The Waves Are Starting To Crash

  During the month of February alone the U.S. job economy added 242,000 jobs. This is definitely not a bad sign by nature. However this is not a sign of exponential growth by any means. With the unemployment rate floating steadily at 4.9% the U.S.......

What Are the Markets Telling Us?

The market is starting to feel the pain from the bruises of last year, as well as the beginning of the worst start to the stock market in 90 years. But many of these bruises were patched up with faulty reports and bad numbers. These......

Signs, Good or Bad?

There are many signs in the economy that can be seen as good signs of the market in the near future. However, many of these signs actually reveal more imperative problems than already known if analyzed properly. The U.S. economy created around 151,000 jobs in......

Bubble Getting Bigger

About two weeks ago Harry S. Dent Jr., Senior editor of Economy & Markets, pointed out the severity of the Chinese stock crash and the crash in the oil market as signs of the next generational bust. Which is basically a part of the pattern......

Buckle Up For A Bumpy Ride

The signs that we have been receiving from the economy haven’t been so good as of late. Considering the state of the economy domestically and globally, any news at this point is bad news. Although the recent problems of the markets haven’t seen a dramatic......

Hanging On, But For How Long?

The economy is frightening on a nationwide and global scale. So far 2016 has not been very fiscally promising, and unfortunately there is not much light showing at the end of this tunnel. There are a multitude of problems effecting the global economy, such as......

Bubble Or Not?

Many people are wondering whether the toppling of China’s market is a sign of another bubble slowly readying to pop. Many analysts when referring to the Chinese economy will admit that China created their own problems with overbuilding and other internal matters; very few will......

New Year, New Problems

Its not how you start but how you finish, however that philosophy did not hold well for the start of the 2016 stock market. In fact, this year has been predicted to be the worst year for stocks since 1931.   This was seen immediately......

Holiday Economy

The holidays are a great time of the year for everybody, well except for those who have to work on them that is. This year the holidays proved to be more interesting than anything when speaking in concerns of the market and the American economy.......

Long Run and Short Run Inflation

The Fed uses interest rates and inflation as two of their tools to control the American economy. The fed is constantly in limbo regarding the value of the US dollar. By manipulating inflation the fed can control how much the US consumer can purchase, however......

The World Economy And You

There are many factors that play into the market on all ends, from holidays, to manmade and natural events; there are many variables that can affect you and your investments. To know weather your investments will be safe or not it is vitally important to......

Rates And Bonds

The economy and news around the world  and in our country gives us the signs that we need in order to make our investment choices just that much wiser, all we have to do is pay attention to them. With the consistent stale mate that......

Some Rules Are Meant To Be Broken

There are general guidelines to almost any practice, Financial Advisors aren’t an exception. There are general rules for investing and estate managing which financial advisors usually adhere to. However some of these guidelines have been dumbed down. These rules have been simplified to a point......

The Job Market

The results of the October employment report has had its effect on the U.S. market in more ways than one. The treasury rates and interest rates actually shot higher, the American dollar increased in value, and the price of bonds as well as commodities (i.e.......

Economy Update

                Every day the current events around the world have some sort of effect on the U.S. economy for better or worse. From new home sales to the economy of Japan, these current events have an impact, small or large, on the U.S. as an......

Market Precedents And Presidents

The stock market is a tricky puzzle to try and solve, with too many variables to even count. Although many investors and Wall Street wizards claim to have the “secrets” to the market and even claim to be able to predict it. If they really......

Flat-Line or Decline?

The economy is starting to settle down, the bull market is over however that is not completely a bad thing. Even though there isn’t a very aggressive growth in the U.S. economy that doesn’t mean that there is a total flat line in the market,......

An Unstable Economy

Nobody likes not being in control, especially when talking about money. Instability can be one of the most nerve wrecking feelings when dealing with your money, especially in today’s market. The economy today is constantly changing and usually not in a good way, in these......

No Progress In Sight

Keeping an eye on the economy is an important aspect of planning your finances for now and the future. With so many different aspects to retirement, small changes in the economy can have large impact on you specifically, whether it be in your future plans......

Equity Indexed Annuities

For those who are interested in investing their savings in the stick market but are worried about losing their hard earned cash, there are options for you. One of the safest of these options is an Equity Indexed Annuity. As crazy as this sounds These......

Social Security Benefits

Social security, Uncle Sam is finally ready to pay you back for all of your years of generous patriotic contributions. Why waste a second waiting to receive that hard earned check every month, well actually there are a few reasons. For instance just by waiting......

Duties of A Successor Trustee

For those who have been involved in the process of a living trust whether it be through work or through relationship, understand how important the choice for the successor trustee is. Deciding who you want to be responsible for all of your possessions when you......

Advisor Vs. Broker

When it comes to your lifetimes worth of savings, homes, retirements, and the future of your loved ones, it isn’t that hard to see why many people would be uneasy when it comes to the hands in charge of your assets during the process of......

Funding A Living Trust

When it comes to creating a living trust there are many steps to the process and many things that one must consider when drawing up the document. However none of these steps are more important than the funding of the trust. The funding of the......

Powers of Attorney

                Have you ever wondered what would happen if you needed to make an important decision whether it be financially, medically, or legally, and you just weren’t able to do it?  How would you ensure your interests when......

Defined Benefit Vs. Defined Contribution

                   Retirement, the golden years, the time one gets to spend with their family, friends and loved ones. The last thing someone wants to worry about during this time is money. But that’s why you’re prepared, right?......

Investment Advisor Vs. Broker

                The time has come, and procrastination is no longer an option. You’ve been putting this off for days, weeks, months or even years. It’s finally time to start your retirement planning. But there is just one problem; chances are that you haven’t retired before, and......

Why Do I Need A Living Trust?

Why Do I Need A Living Trust? This is a question on the minds of many approaching the age of retirement. Where your belongings go and how they are handled is something to be concerned about. And being able to ensure that your estate is......

Why are Wills a Rip-Off?

  Have you ever tried to get a will or a trust from a stationary store to try and save money? Or maybe you know someone who has. If you have, what you probably found was the difficulty of trying to decipher the legal language.......

Mutual fund vs. individual stocks?

Investors looking to invest in the stock market for the future are usually faced with two main options – mutual funds or individual stocks.  Mutual funds are an actively managed portfolio of stocks, designed to beat the market with the assistance of a fund manager. ......

What are equity index annuities?

An indexed annuity is a contract issued and guaranteed by an insurance company. You invest an amount of money (premium) in return for protection against down markets, the potential for some investment growth, which is linked to an index (e.g., the S&P 500®), and in......

Should I rollover my 401(k) or leave it with my former employer?

In this ever changing job market that we have, people are getting laid-off from their employers daily. Many people have several former employers by no fault of their. With each employer there’s some type of 401(k), or similar employer sponsored plan. So my question is,......

What are options?

Call option (or “calls”): Stock options that give the buyer of the option the right, but not the obligation, to purchase stocks at the stated “strike price” by the “expiration date.” When you sell a call, you assume the potential obligation to sell shares at......

What do I need to do to “activate” an Advanced Health Care Directive?

Typically the agent’s authority for the AHCD becomes effective when the covered person’s primary care physician determines that they are unable to make their own health care decisions. With the document, this is typically done by have the doctor sign, on his/her letterhead that this......

How much does Probate cost?

The typical cost of probate is between 3-10% of the gross value of the estate. It could cost much more and take even longer in some circumstances. Costs include appraisal fees, court costs, a surety bond, legal fees, accounting fees and a personal representative (executor)......

How long does Probate take?

The time it takes to probate an estate varies depending on how complicated the estate is. Things that could complicate an estate include: • Whether or not the deceased left things in order or not. If the decedent left a mess of papers, receipts, bills,......

Why is there Probate?

The primary reason for a probate is to clarify title on property owned by the decedent. Even if there was a will, property that was owned by the decedent is part of the estate and needs to be clarified. The other reason is distribution of......