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Wealth Management & Investments

How Much Money Should I Have for Retirement?

There isn’t a ‘one-size fits all’ amount you should save for retirement. There never has been and never will be. People are different. They have differing definitions of retirement, spending patterns, priorities, number of beneficiaries, etc.…

What happens if I inherit an IRA?

A lot people have an IRA or some other form of tax-deferred retirement account. As the owner doesn’t deplete the account(s) prior to their death, someone else will have to deal with the IRS’s rules regarding…

What is a trust?

What is a trust? How do they work? Does a will supersede a trust or vise verse? A trust and a will are two separate legal entities which normally work in conjunction with one another in…

SECURE Act: How this impacts you

A new year means new tax laws, and this year is no exception.  On December 20, 2019, the Setting Every Community Up for Retirement Enhancement (SECURE) Act was signed into law resulting in many significant changes…

5 Year-End Tax Planning Strategies

The end of the year is quickly approaching. As people turn their attention to holiday shopping and celebrations with friends and family, taxes may be the last thing on their minds. However, implementing one or more…