Latest Posts

Cybersecurity Is No Longer An Option. Your Money Is in Immediate Danger

by Chad Hassinger on Sep 2, 2021

Technology

Cybersecurity Is No Longer An Option. Your Money Is in Immediate Danger

On any given news day, you can find a headline detailing the latest cybersecurity attack on a big business. But should mom-and-pop shops take this threat as seriously as Wall Street bigwigs? The answer is an inarguable "yes." Hackers aren't just focusing on major corporations anymore. If your personal email has ever been compromised, you've seen this firsthand...

8 Things To Consider Before Buying That Second Home For Your Retirement

by Chad Hassinger on Sep 2, 2021

Finance, Estate Planning, Tax Planning

8 Things To Consider Before Buying That Second Home For Your Retirement

With the stock market seemingly hitting new record highs every day and mortgage rates near record lows, you may be wondering if you should pick up a second home for your future retirement. Perhaps, a vacation home you can enjoy now while you wait for the day you reach financial freedom and decide to end working full-time...

How to Make Charitable Giving Part of Your Estate Plan

by Chad Hassinger on Sep 2, 2021

Finance, Estate Planning, Charitable Giving, Tax Planning

How to Make Charitable Giving Part of Your Estate Plan

If you are charitably-inclined or if you are looking for ways to minimize income or estate taxes, charitable giving is an important financial and estate planning tool. How to maximize the value of giving will depend on your estate size, the amount and type of assets you want to give, and how to give them...

Funding Puts the Fun-(ction) in Your Trust

by Chad Hassinger on Jul 19, 2021

Finance, Trust, Estate Planning

Funding Puts the Fun-(ction) in Your Trust

I have always struggled with the use of the term "funding" as it pertains to trust planning. In reality, a more appropriate term would be transferring, but the law defines the process as funding. For formality, "funding" is the word we use to describe the process of moving an asset from your name (i.e., ownership) to the name of your trust...

Unusual Times Demand Unusual Statistics

by Chad Hassinger on Jun 21, 2021

Finance, Estate Planning, Retirement

Unusual Times Demand Unusual Statistics

Much of the recent buzz around issues like inflation has focused on the terrible numbers we see being reported. But the thing is, there’s nothing sacred about those numbers. In fact, they have built-in assumptions and biases that need to be understood in order to determine if they are reasonable (or not)...

Where Can I Travel Right Now From The United States?

by Chad Hassinger on Jun 18, 2021

Family

Where Can I Travel Right Now From The United States?

Many people are ready to start packing their bags and travel for the first time since the pandemic began. While most of the United States is easy to access again, international travel is slower to return to its pre-pandemic normal. Here's where you can fly right now from the United States...

What To Know About The New And Upcoming Child Tax Credit Portals

by Chad Hassinger on Jun 18, 2021

Finance, Family, Tax Planning, Estate Planning

What To Know About The New And Upcoming Child Tax Credit Portals

As recent letters to taxpayers who might be eligible for the advance child tax credit indicated would happen, the IRS is in the midst of launching online portals to help families navigate the advance credit for 2021. This is the next big step in implementing the expanded benefit before monthly distributions of the advance credit begin in mid-July...

A New Change Coming To 529 Plans

by Chad Hassinger on Jun 10, 2021

Finance, Succession Planning, College

A New Change Coming To 529 Plans

We witnessed a flurry of legislation in 2020-2021 meant to help Americans cope with the financial fallout from the pandemic. While many of the provisions in the CARES Act, the Consolidates Appropriations Act and the American Rescue Plan were focused on immediate assistance in terms of stimulus payments and mortgage and student loan relief, the bills also included changes that can have some long-term effects on long held financial assumptions...

June 2021 Monthly Economic Update

by Chad Hassinger on Jun 9, 2021

Finance, Estate Planning, Weekly Market Commentary

June 2021 Monthly Economic Update

Stocks traded in a narrow range in May, with technology and other high-valuation companies under selling pressure. The Dow Jones Industrial Average gained 1.93% while the Standard & Poor's 500 Index rose 0.55%. The Nasdaq Composite, home for many technology and high-growth companies, dropped 1.53%...