Personal Financial Planning at AICPA’s 2024 Engage Conference

The AICPA’s 2024 Engage Conference is right around the corner and is one of the premier personal financial planning events each year. Scheduled to take place from June 2- 6 in Las Vegas, this conference is the premier gathering for CPAs, financial planners, and business advisors. With a focus on personal financial planning, attendees can […]

Managing Uncertainty: The Personal Financial Planning Process

Currently, tax planning, including estate planning, as part of the personal financial planning process is uncertain given the Biden administration’s tax proposals, the 2024 elections, and record deficit spending on the part of government. The primary reason for this uncertainty relates back to the Tax Cuts and Jobs Act (TCJA) of 2017, which made sweeping […]

Retirement and Snake Oil

Snake oil is an idiom used to describe deceptive marketing, or some type of scam. As authors and public speakers, we are often asked to opine on “saving for retirement.” To which we reply, retirement is just ‘snake oil.’ We have gone round-and-round with our publishers on our crusade to pull back the curtain on […]

Unbundled Virtual Family Office: Redefining Wealth Management

Unbundled Virtual Family Office: Redefining Wealth Management In an era marked by rapid technological advancement and changing client needs, the traditional model of wealth management is undergoing a profound transformation. Enter the concept of the unbundled virtual family office (UVFO), a dynamic approach to wealth management that offers tailored solutions to affluent individuals and families. […]

Lottery Winners Next Steps

Lottery Winners Next Steps For many winning the lottery is a dream come true. The sudden influx of wealth can be life-changing, offering opportunities for financial independence and security. However, without careful planning, statistically speaking, it’s easy for lottery winners to squander their newfound wealth and end up worse off than before. This blog aims […]

Personal Financial Planning & Health Reimbursement Arrangements

Personal Financial Planning & Health Reimbursement Arrangements Health care costs pose a significant burden for individuals and families in the personal financial planning process. One solution for managing health care costs in a personal financial plan is the Health Reimbursement Arrangement (HRA). An HRA offers a strategic approach to managing healthcare expenses for an employee […]

Employer-Provided Childcare Tax Credit

Employer-Provided Childcare Tax Credit At a time when the balance between work and family life is increasingly constrained, government and employers are exploring innovative solutions to support working parents. One such solution is the Employer-Provided Childcare Tax Credit; a tax incentive designed to encourage employers to provide childcare assistance or childcare facilities for their employees. The […]

What to Do If Your Dog Bites Someone: Navigating Homeowners Insurance Coverage

What to Do If Your Dog Bites Someone: Navigating Homeowners Insurance Coverage In recent years, as a result of the COVID pandemic, more and more personal financial planning clients have added a canine to their household. Dog ownership brings immense joy, as well as companionship. BUT it also entails responsibilities, including ensuring the safety of […]

Navigating Social Security Rules for Married Retirees: Key Considerations and Strategies

Navigating Social Security Rules for Married Retirees: Key Considerations and Strategies Social Security benefits serve as a crucial source of income for millions of Americans, providing financial stability during retirement. For married couples, navigating the intricacies of Social Security rules can be complex, with various personal financial planning strategies available to maximize benefits and optimize […]

Personal Financial Planning And The Strategic Use of Debt

Personal Financial Planning And The Strategic Use of Debt It goes without saying, but I feel I must; personal financial planning is crucial for achieving long-term financial stability and growth. One key aspect of personal financial planning is the judicious use of debt. While debt can be a daunting concept for many, when utilized strategically, […]

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