What is a Trust and Do You Need One?
A trust is a legal arrangement that allows you to effectively manage your assets and ensure that those assets are transferred to your intended beneficiaries when you pass. They can provide an efficient means of settling your estate, managing your assets, and reducing taxes. What is a Trust? A trust is a legally binding agreement […]
Tax Minimization Strategies for Executives With a Comp Plan
For employees, the prospect of getting a stock option offer as part of their compensation package can be a milestone moment. They look forward to achieving this level in their careers for obvious financial reasons, but it also brings a sense of accomplishment and prestige.
How to “Tidy Up” Cash Flow When You Don’t Need to Budget
When people think of “budgeting” they don’t typically think of something enjoyable or worthwhile. Many high earners don’t budget at all – and with good reason. Managing line items in your family budget may be time consuming and frustrating. It can also be completely unnecessary if you have the cash flow available to live comfortably, […]
Open Enrollment Primer
Many employers have an open enrollment season that runs through the fall of each year. Some start as early as September, while others kick off in October or November. Regardless of when your employer holds open enrollment, there are several key tasks you can tackle during this window, including: Elect or change health insurance options […]
What is a 529 plan and how do they work?
Education savings is often part of the financial plans we create. Whether clients are interested in pursuing a masters or doctoral degree, or they want to help fund the college education of their kids and grandkids, navigating how to efficiently save for continuing education costs while maximizing tax savings can often feel like an insurmountable […]
Understanding Medicare Coverage
Medicare is an often confusing, although necessary, element of retirement planning. Leveraging Medicare for health coverage can help to lower your health insurance and medical expenses, while also providing varying levels of coverage throughout your retirement. However, it’s important to understand how Medicare works, and how it will impact you during this next phase of […]
Checklist for a Job Transition
No matter what type of job you’re considering, it’s wise to have a financial “checklist” in place before moving forward.
FPC Views on the Brexit
June 24, 2016 SUBJECT: Britain Votes to Leave European Union To our clients: Yesterday, Britain voted to leave the EU (Brexit). There is a lot of news and commentary out there, so we felt it prudent to send out an executive summary on our thoughts and how it relates to your portfolios. It is known that […]
Market Gyrations
The market moves over the last month have been quite volatile, and we understand that this can be disconcerting. Today’s events are no exception, and we wanted to pass along our perspective. As we are composing this email, the markets have fallen from their all-time highs back in May, most major indices are now in […]
Regarding Market Pullback
Happy New Year!? The beginning of 2016 has gotten off to a bad start, and as a result we are close to a market correction (defined as a decline of 10% from the recent high). The market gyrations are due to a variety of exogenous events including a slowdown in China, North Korean hydrogen bomb […]