Giving financial gifts during one’s life means benefiting family members sooner rather than later, along with the added enjoyment of witnessing the impact on others. Awareness of gift tax rules is imperative when structuring a strategy. Whether gifting to adult family members or children, there are many ways to find a balanced approach to transferring assets.... Read More
As Indiana strives to remain competitive against peer cities, one crucial investment stands out as a cornerstone for driving workforce development: infrastructure. While roads, bridges, and utilities often dominate discussions around infrastructure, there's another vital component that deserves our attention—broadband internet access. By expanding statewide broadband access, we can equip families with the tools they need to obtain virtual education for their children, especially in rural communities where enrollment continues to decline.... Read More
To achieve personal financial success as a business owner, it is essential to establish a solid financial foundation. This article focuses on the fundamental building blocks of financial stability and provides guidance on managing personal and business finances separately. By implementing sound financial solutions and creating a strong foundation, you can navigate the complexities of business ownership with confidence.... Read More
Financial fraudsters prey on people’s trust, convincingly posing as their bank or altering payment information to seamlessly steal money. Fortunately, there are ways to spot suspicious activity and mitigate damage from fraud. Here are today’s most common scams and how to protect your business from them.... Read More
Small steps can lead to big progress in mental health. In America today, approximately one out of five Americans is suffering with a mental health issue; and approximately one in 25 adults is experiencing a serious mental illness that substantially interferes with one or more major life activities. In addition, 17% of Americans ages 12 and older have a substance use disorder. Left unaddressed, the negative impact of these disorders will increase.... Read More
As we are four months away from the Presidential election, our financial firm is starting to get questions about how the stock market will perform during an election year. Without a reliable crystal ball, the best we can do is provide historical data points and context. While this investment return information is interesting and can make for lively cocktail party conversation, it should never be used to predict your personal portfolio performance.... Read More
The Supreme Court recently made it illegal to be homeless in the United States in the ruling on City of Grants Pass v. Johnson. We join our partners around the nation in expressing our disappointment that rather than focusing on solutions to end the housing crisis in our nation, this ruling will allow our neighbors, many of whom are veterans, to be punished for struggling to survive in our community.... Read More
Personality type that is. “Personality has power to uplift, power to depress, power to curse and power to bless,” Rotary International founder Paul Harris is known to have said. In so many ways, Harris articulated the many different personality types in a few succinct words.... Read More
As the youngest adult generation, Gen Z will soon become the largest group of consumers, and we need to understand their perceptions and what they are drawn to in order to continue to build and propel the brand of Indianapolis forward. ... Read More
Though we cannot predict how future legislation may impact tax rates, we can use current information and a historical perspective to devise strategies to better position our overall financial situation. ... Read More
June marks National Safety Month, a time dedicated to raising awareness about safety and injury prevention. As we focus on various aspects of safety, it is important to spotlight one of the most pressing public health crises of our time, the opioid epidemic.... Read More
Keeping up with changes to governmental regulations is just one of the challenges faced by businesses that do a lot of hiring. The Department of Labor issued a new final rule on overtime pay that takes effect July 1, 2024. This rule comes on the heels of another DOL change – this one regarding classification of workers – that rolled out in March 2024. Knowing these rules and clearly understanding how to navigate them is critical for business owners.... Read More
The housing market today remains volatile, characterized by inflated home values and a competitive landscape that challenges prospective buyers. How did we get here?... Read More
Indiana's mix of urban and rural communities provides a good opportunity to understand how interconnected our state’s health care landscape really is. No community is an island, and the ups and downs of one have more of an impact elsewhere than we may initially think. Accordingly, working collaboratively to promote preventative care and increase access in one area can help create healthier communities everywhere.... Read More
It seems like just yesterday that the 2021 stock market was at an all-time high, meme stocks were roaring (kitty), crypto was up, and housing prices went through the roof (pun intended) as supply couldn’t keep up with demand.... Read More
Looking back at Father's Day, many of us reflect on the legacies that have shaped our lives and careers. For business leaders, this reflection offers a valuable opportunity to consider how the lessons of the past can inform and inspire our efforts to build organizations rooted in strong values.... Read More
Today we celebrate the summer solstice, an astronomical event that marks the longest day of the year. This day also serves as a powerful reminder of the promise solar energy holds for our state and local economies.... Read More
Juneteenth, officially Juneteenth National Independence Day, is celebrated annually to commemorate the ending of slavery on June 19, 1865, when Major General Gordon Granger ordered the final enforcement of the Emancipation Proclamation in Texas at the end of the American Civil War. Despite the progress we’ve made since then, disparities stubbornly persist for Black Americans and people of color–nowhere more readily apparent than in health.... Read More
Every woman has felt the panic of getting their period and realizing they don’t have any products on hand. It’s that sinking feeling when you check your backpack at school and find you forgot to bring a pad, or open your purse at a restaurant and remember you left your tampons in another bag. ... Read More
My daughter is heading off to college this fall for the first time and the list of tasks to complete before she even steps on the quad is daunting and exciting. The university has provided to-do items, friends and family have offered tips and tricks, and I just added estate planning to the list. That’s right, before my 18-year-old daughter leaves our home, she will have executed her financial power of attorney, HIPAA release, healthcare power of attorney, living will, and last will and testament.... Read More
