Divorce Playbook: Avoiding Financial Victimhood
The most common mistake person going through a divorce can make, is being uninformed about their joint finances before agreeing to divorce. If your spouse has always handled all of the financial decisions in your household; you may find don’t
The 8 Financial Musts when Considering a Divorce
Learn and document what you already have. First work to become familiar with what is known. List out every account that you have, its location, the current balance, if and how it’s invested, and what the liquidity situation is like.
Maximizing FAFSA Benefits: Understanding Dependency Status for Your College-Bound Child
The Free Application for Federal Student Aid (FAFSA) is a crucial resource for families navigating the often overwhelming cost of higher education. By providing access to federal grants, loans, and work-study programs, FAFSA helps make college more affordable. However, one
Choosing Between a Roth IRA and a Traditional IRA for Retirement Savings
When planning for retirement, one of the most common decisions you’ll face is whether to save in a Roth IRA or a Traditional IRA. Both are individual retirement accounts designed to help you grow your savings with tax advantages, but
Divorce Playbook: Understanding Emotional Attachments to Assets
Often overlooked during the divorce, and somewhat difficult to remedy after the divorce is using insurance to back up any financial agreements you come to. Alimony, child support, college tuition, and property settlements are all insurable interests you have in
Income and Risk Management from Covered Calls
A covered call strategy is a popular options trading strategy that combines both risk management and income generation using stocks. It involves selling call options on a stock you already own, thereby generating additional income while potentially limiting downside risk.
Divorce Playbook: When Should You Consider Mediation
Alternatives to the courts for legal separation are called mediation and determining early on if this arrangement is right for you can be important to moving forward. The relationship you have with your spouse might determine much of this, but
Managing the 1031 Exchange Rules for Vacation Homes, Conversions and Mixed Use Properties
It is quite common for clients to call a 1031 exchange company with questions regarding exchanges of their former or future principal residences or vacation homes. After all, if you can have a rental property with some side benefits, it
