COBRA Health Insurance Coverage-The Basics COBRA health insurance coverage comes from the Consolidated Omnibus Budget Reconciliation Act. This Act allows you to maintain health insurance coverage if you lose it through your employer. In this article, we will go over how to qualify for COBRA, what it covers, and how to manage the cost. [...]
Revocable Living Trust A cornerstone of a complete estate plan is a revocable living trust. It allows you to avoid probate and have control over what happens to your money when you pass. In this article, we will discuss revocable living trust basics. This includes how they work, their advantages, and how to [...]
Filing Business Tax Returns Filing business tax returns can seem overwhelming and complicated. If you are a new business owner you may be wondering how you are going to file your taxes. The answer will depend on the type of business organization you use. In this article, we will go over the different business [...]
Financial Basics for Millennials-Why They’re Important Understanding financial basics is extremely important. This is especially true in your 20s and 30s when you are just starting out. The financial choices you make now will have an impact well into the future. Because of this, it is important you make good choices in the beginning. [...]
Buying a Long-Term Care Insurance Policy Long-term care insurance is not just an insurance policy to cover nursing home care, it will help provide care for you in the event of a prolonged illness. However, the price for long-term care insurance has been on the rise and is now getting out of reach for [...]
Estate Planning Basics: A Beginner's Guide Many people think that estate planning is too expensive for them or they do not have enough money to need one. Many more put it off because they do not like contemplating their own mortality. No matter your situation in life, estate planning is a vital component. [...]
1031 Exchange If you are a real estate investor or own any type of real estate that produces income for you, you should be familiar with a 1031 exchange. This exchange allows you to defer capital gains if you sell your investment property and use the money to purchase a new investment property. These [...]
Why Annuities Are Important for Retirement A successful retirement plan is composed of many different elements. One of these elements are annuities. Why are annuities so important? In this article, we will go over 5 reasons why annuities are important for retirement. 1. Disciplined Savings During the accumulation phase, most annuities have strict rules [...]
Changing Employment-Your 401(k) Options It is important to understand your 401(k) options when you are changing employment. If you lost your job or got a different one there are certain things you need to be aware of. In this article, we will go over your options and your employee’s rights regarding your 401(k). Your [...]
What to Do After Creating a Living Trust Leaving your estate planner’s office with your executed documents is not the last step of a successful estate plan. There are still several steps that you will need to take after creating a living trust. In this article, we will go over five of [...]
