Figuring Out Your Life Insurance Policy Understanding your life insurance policy is extremely important. It will help you to understand the right and obligations that you have under the contract. However, reading and understanding your policy is not the easiest accomplishment. For that reason, we have created this list to help you as you [...]
How a Revocable Living Trust Works Most have seen an ad for a Revocable Living Trust. You may have heard that it helps you avoid probate while still maintaining control of your assets. It may sound too good to be true, but it is not. In this article, we will go over how [...]
Tips for Financial Planning for Young Adults Beginning financial planning at a young age is just as important as it is the closer you are to retirement. In fact, the earlier you start, the better off you will be in the long run. In this article, we will go over some tips for financial [...]
Investment Taxation As you get ready to file your taxes, you may be wondering about investment taxation. In this article, we will go over the basics of how your investments are taxes so you can prepare to file your taxes. Different Types of Income One of the factors that determine your taxation is the [...]
Sole Proprietorship or LLC Sole proprietorship's and LLCs are the most common business structures. Of the two, a sole proprietorship is the most popular and easiest to create. But it does not provide the legal and tax advantages that an LLC does. In this article, we will go over the main differences between a [...]
Basic Overview of Stocks Stocks are a financial avenue companies use to raise money for their business. As an investor, you are purchasing a small percentage of ownership in that company. This allows you to share in the profits, growth, and dividends of the company. As an investment, stocks have provided a higher annual [...]
Taxation of Rental Property Rental property serves as a steady source of primary or secondary income for many. If you own rental property, there are several tax topics that you should be familiar with. In this article, we will go over the basics of rental property taxation. Rental Property Income According to the IRS, [...]
Basics of a Fixed Annuity A fixed annuity can be a powerful retirement planning tool. In this article, we will go over the basics of fixed annuities. This includes how they work, what benefits they offer, and how to determine if one is right for you. How a Fixed Annuity Works A fixed annuity [...]
What to Do After Someone Passes When a loved one passes, you can feel overwhelmed. It is hard to deal with everything that is going on, when you add taking care of financial matters to the mix it can get even more complicated. We have compiled this list of 5 steps to take after [...]
Where to Find Your Retirement Income Retirement income is not a black and white topic. There is not one key source of retirement income and everyone's plans will be different. A major step towards a successful retirement plan is identifying all your potential sources of income and how much you can expect them to [...]
