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Monthly Archives: July 2024

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In the News: Smart financial moves: Managing children’s earnings and inheritance

Featured, In The NewsBy Editorial TeamJuly 5, 2024

As seen in this week’s Marietta Daily Journal, Bil Lako, CFP® explains that when kids come into money, whether from chores, part-time jobs, or inheritances, parents often step in as custodians.

Insurance Gaps May Pose Risks for High-Net-Worth Households

Blog, Insurance, Your HomeBy Editorial TeamJuly 4, 2024

Accidents can be rare but devastating, and you could be held legally responsible if someone is injured on your property. Is your umbrella big enough? Standard liability policies may not be sufficient to protect your assets in a high-dollar judgment.

How Becoming a Real Estate Professional Unlocks Tax Advantages for Landlords

Blog, Tax, Your HomeBy Editorial TeamJuly 3, 2024

The IRS defines a real estate professional with strict criteria, and understanding these qualifications can lead to significant tax benefits. Achieving this status requires diligence but can significantly impact your financial landscape. Learn more about how you can benefit!

Smart Financial Moves: Managing Children’s Earnings and Inheritance

Case Study, Family Finances, Featured, RetirementBy Editorial TeamJuly 2, 2024

This week on “Money Talks,” Managing Associate Melanie Wells, CFP®, and Associate Giuliana Barbagelata, CFP®, address managing a minor’s money. They discuss custodial accounts, Roth IRAs, and 529 Plans.

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