BCG_PHOTO_AUG2019_GENERATIONGAP_CG_V01

Many families cite saving for children's or grandchildren's education as one of their top financial goals. If you are among this group, you may want to consider a 529 college savings plan or a Uniform Gifts (or Transfers) to Minors Act account (UGMA or UTMA) -- or some combination of these -- to help you achieve your objective. Estate Planning Benefits A 529 college savings plan offer severals key advantages. You maintain control of the

Read more 0

BCG_PHOTO_JULY2019_MONEYSMARTS_CG_V01

Think you have a good handle on the basics of investing? Take this 10-question quiz to see how you rate on basic investment skills. 1. If you buy a share of company stock, a. You own a part of the company. b. You have loaned your money to the company. c. You become responsible for the company’s debts. d. The company will return 100% of your investment to you, with a fixed rate of interest.

Read more 0

BCG_PHOTO_APR2019_TAXSEASONSTRATEGIES_CG_V01

Dear insert prospect name: Tax season can be stressful and can stir up conflicting emotions. While it is rewarding to note the growth of your earnings and assets, paying more taxes on those gains can be frustrating. I have the knowledge and experience to help you develop effective tax season strategies with your tax advisor to ensure that you are positioned to: • Pay no more than your fair share in taxes • Develop an

Read more 6

BCG_PHOTO_MARCH2019_CONTINUITY_CG_V01

The loss of critical personnel can be life threatening to small businesses; however, it's a risk that life insurance can often mitigate. In fact, life insurance policies are frequently incorporated in plans aimed at making it possible for a business to survive a change of ownership or the loss of a partner, the chief executive, or an employee whose creative talent, technical knowledge, or salesmanship drive the business. Most commonly, life insurance is employed as

Read more 0

Money. It's hard to get and easy to lose. It doesn't take long for the wealth you've accumulated to disappear if you don't manage your money well or have a plan to protect your assets from sudden calamity. Snares like the ones mentioned below could easily threaten your financial security. Planning ahead can protect you and your loved ones from getting caught. Undisciplined Spending The more you have, the more you spend -- or so

Read more 0

BCG_PHOTO_FEBRUARY2019_FINDINGHAPPINESS_CG_V01

Marriage affects your finances in many ways, including your ability to build wealth, plan for retirement, plan your estate, and capitalize on tax and insurance-related benefits. Here are some considerations to keep in mind if you are thinking of getting married or have just tied the knot. • Building wealth -- If both you and your spouse are employed, two salaries can be a considerable benefit in building long-term wealth. For example, if both of

Read more 0

BCG_PHOTO_MARCH2019_LIABILITYPROTECTION_CG_V01

The risks to your wealth aren’t only in the financial markets. The wealthier you become, the more liability protection matters. We live in a litigious world, one in which even friends and neighbors can be convinced to see opportunity in the wake of misfortune. A (larger) umbrella liability policy may be an excellent idea. Could you afford a six-figure drawdown of your personal assets to settle a lawsuit? Ideally, you have umbrella liability coverage with

Read more 0

BCG_PHOTO_JAN2019_FINANCIALLYFIT_CG_V01

If you don't have a financial plan, that question may be hard to answer. To achieve financial wellness, you need to define your goals and set a time frame for reaching them. The following steps can help you take control of your finances. Build a Budget A good place to start would be with a budget. Tracking your expenses can help you determine how much money you have coming in each month and how much

Read more 0

It is one of the most hotly debated topics in the financial industry – and it’s also one of the most misapplied topics too. Are investors better off utilizing passive or active strategies? Or should investors combine the two? But before you answer, I want you to think about this: passive vs. active should apply to strategies – not investing. There is a big difference. Passive vs. Active Strategies Truth: there is simply no one

Read more

A look at some popular & obscure options for receiving money with little or no tax. Provided by Barnes Capital Group   Will you receive tax-free money in retirement? Some retirees do. You should know about some of your options for tax-free retirement distributions, some of which are less publicized than others. Qualified distributions from Roth accounts are tax-free. If you own a Roth IRA or have a Roth retirement account at work, you can

Read more