The Great Wealth Transfer has commenced, and tens of trillions of dollars are set to be transferred between generations over the next two decades. However, for some heirs it feels more like a burden than an inheritance. Proper asset location can help lift that burden while maximizing your legacy.... Read More
For many Americans, the only thing standing between financial ruin and peace of mind is an umbrella insurance policy. What is umbrella insurance, and why do you need it?... Read More
Along with the beautiful Indiana fall season, comes the time to sign-up and/or renew your employee benefits for the coming year. It can seem stressful! But this is the perfect opportunity to review your family needs and select the appropriate options. ... Read More
For many Americans, a second home is not just a relaxing retreat but also a source of income. However, as we all know, with additional income comes additional taxation. Lots of people simply accept this at face value when in reality, some simple considerations can lead to additional tax deductions associated with renting your second home.... Read More
For a large number of workers, the primary vehicle for retirement savings comes through their 401(k). Half the battle is simply making contributions to these accounts and if you are doing that, good for you. However, many Americans don’t give much consideration to the typeof contribution that they are making. Making an informed decision on whether to make traditional, Roth, or even after-tax contributions can have a big impact on what your retirement will look like.... Read More
If you are accumulating employer stock in your 401(k) and the value continues to go up…congratulations! With such a nice nest egg, you need to implement the most tax efficient strategy for liquidation. After all, the lower your taxes, the more funds you have to spend in retirement.... Read More
Most of us aim for a small refund or tax bill when it comes to tax planning. However, you may occasionally receive a larger-than-expected refund for various reasons. That raises an important question: what should you do when you get a large refund?... Read More
