Sending a child off to college is an exciting milestone — for both students and parents. While you’re busy packing dorm essentials and setting up class schedules, don’t overlook some critical financial and legal preparations. Taking…
Financial Literacy
As inflation and economic conditions evolve, the IRS regularly adjusts financial thresholds for tax-advantaged accounts and tax exclusions to reflect changes in the cost of living (COLA = cost of living adjustments). These updates impact retirement…
Outside of planning for retirement and purchasing a home, educational expenses are among the most challenging financial events to plan for. Higher education plays a crucial role in both personal and professional development, often serving as…
8 Business Exit Strategies: Pros & Cons 1. Intergenerational Transfer (Family) 2. MBO 3. Sale to Partners 4. ESOP 5. Sale to a Third Party 6. Recapitalization (Recap) 7. IPO 8. Orderly Liquidation ________________________________________________ Your business…
Are you thinking about assembling your business exit advisory team? If you are, you’re ahead of about 70% of all other business owners (see alarming stats below). You’ve definitely spent a significant amount of time, capital…
As National Financial Literacy Month comes to an end, we hope you have a better understanding of your personal finances. With a firm grasp on your current situation, it’s time to look to the future and…
We are over halfway through Financial Literacy Month and so far, we have covered Getting Organized and Creating a Budget. This week I felt it would be good to focus on creating a personal balance sheet.…