• Max: I Don’t Want the Million Dollars--Now....

    Max, a geek genius, has worked for a successful high-tech startup where he received potentially lucrative stock options. His pay day has now arrived: He will get $1,000,000 this year on his stock options. Max consults his tax advisor. First, he learns that his options are “non qualified options” and will be taxed at the […]

  • Beth Can’t Live on Only a Million Dollars...

    Beth has a million dollars and does not have enough money to live on.  She even owns her own house in the Washington DC suburbs and owes nothing on it.  To live in the Washington DC area, you need a minimum of $40,000 for a simple happy retirement lifestyle if you own your own home […]

  • Those Hidden Clauses Can Bite You Bad....

    Toni is selling his Barber Shop in a shopping center located next to a very popular Peruvian chicken restaurant and carry-out.  Toni is nearing retirement and wants to sell.  Toni knows that he has to have a lease for his shop as a condition of any buyer of a hair cut business, which will only […]

  • LLC, C or S Corporation under Trump Tax Reform...

    With swarms of tax reform proposals flying around Washington  like Harry Potter and his classmates on broomsticks, there are more things to consider when setting up a new company or deciding now to change how your company is taxed. The Trump goal is to kick start the economy and rebuild the manufacturing sector. Businesses that […]

  • Protect Your Nest Egg: Your Life Insurance Cash Value Could Be Taken From You...

    Mary and Fred Jones’ highly rated financial advisor created a comprehensive investment and tax plan for them. They planned to retire soon and wanted to be sure everything in their complicated life was covered. They owned a home, several retirement accounts, a number of investments, other savings and life insurance. They even had a long […]

  • Rigid, Inflexible Estate Plans Can’t Change with the Family, Law, and Taxes; Failure to plan for Hor...

    The world is changing at a dizzy pace. New cell phone apps entice us to get an upgrade every year. What happens in China can now hurt us on Main Street. We used think boys should  stay out of girl’s locker rooms, but now many say that certain boys have a right to shower with the […]

  • You Lose Control of Everything Because You Didn’t Plan. Guardianships. Court takes away your control...

    You don’t remember where you put your keys. You go upstairs and don’t remember why you are there when you get there. You went to the grocery store to buy what you need for your favorite chicken soup and forgot to buy the chicken. They say as we get older, our short term memory fades. […]

  • I thought my will would last forever so I never updated my estate plan. Now my family suffers becau...

    Change happens. We are all used to computer hardware and software becoming obsolete. No doubt you’ve received many an emailed message that “Microsoft will no longer support version 5.50.” So, when your beloved 5.50 inevitably crashes, no one can help you, and you’ve lost irreplaceable data going back a decade. Women’s hems go up…and down. […]

1 vote