Month: February 2020

‘Demand Inheritance’ Portfolio Stages

  The Legacy Stage (0-6 months): 100% Bonds- The Legacy Stage is a low-risk model of investing for those who have just received an inheritance. Safety, security, and short-term bonds are the focus of the Legacy Stage. Short-term bonds are fixed-income instruments that take less time to mature; lower risk/ lower return. These bonds can take between 1-4 years to reach maturity on average. Short-term bonds differ from long-term bonds as they provide greater stability…
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Do I Need a Trust? Trust Me, Your Parents Don’t…

Top Reasons People Tell You to Get a Trust 1. To avoid probate. Oh no… probate… the last word anyone wants to hear when settling the estate of a deceased loved one. When mourning a friend or family member, visits to the courthouse to handle stacks of paperwork is the last thing a grieving beneficiary wants. The first thing you will probably hear when you ask how to avoid probate is… ‘open a Trust!’ It’s…
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What Happens to My IRA When I Die? – What Parents Should Know

When a parent dies there are many things to manage, and taking care of the finances can often be the most dreaded. From funeral preparation to paying off any debts, every added task can feel overwhelming.  A parent with all accounts titled correctly or set up in a trust makes the transfer of accounts simple, quick, and inexpensive, easing the burden on their grieving children. While proper titling is helpful, and the transfer of these…
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What’s Your Investing Spirit Animal?

Everyone has an investing spirit animal – they just might not know which one.  Figuring out which animal describes you best allows you to quickly summarize your investing style and determine your mindset towards investing. This helps to determine how to best plan for your future.  There are two main factors that determine your investing spirit animal: risk tolerance and researching style. What’s Your Risk Tolerance? The underlying factor that plays the largest role in…
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WHAT IS GREENWASHING?: 5 ENVIRONMENTAL TRENDS THAT AREN’T SO ECO-FRIENDLY

What is “Greenwashing” and are you falling prey to it? Think about a landfill. Trash, trash and more trash, right? But what if you peeked into that pile and saw last week’s bag of recycling? Or the biodegradable products that you paid extra for, lying next to soiled pizza boxes and old tennis shoes? We all try to do our part for the environment, but often, it makes less of a difference than you think.…
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