Can Creditors Take Your Retirement Savings? It Depends
A failed business, a contemptuous divorce, or even a disability—all could cause devastating financial issues. Can a creditor come after your retirement savings? We answer in our Financial Tip.
Should an Executor Account for Non-Probate Assets When Distributing Assets According to the Will?
Chief Investment Officer Troy Harmon, CFA, CVA, is joined by Managing Associate Shawna Theriault, CFP®, CPA, CDFA®, and estate planning attorney Arun Gupta to answer a listener’s question on whether a Will should consider money that transferred by beneficiary designation. They discuss language the Will may contain that would give the executor guidance as well as options for the executor and heirs to consider.
Our Three Cents — Sanity Checks
In this episode of “Our Three Cents – Exit Planning Strategies” podcast, hosts Troy Harmon, CFA, CVA, Nick Antonucci, CVA, CEPA, and K.C. Smith, CFP®, CEPA, discuss the sanity checks a business owner should go through when estimating the value of their business. Quite often the business is not valued at what the owner believes it is worth. Under and over estimating the value can cause problems down the road.
In the News: Failure to plan could result in failure to retire
This week in the Marietta Daily Journal, Bil Lako, CFP®, explains that underestimating retirement costs one of the leading way seniors fail in retirement. Read the article here. Disclosures: The investments referenced within this article may currently be traded by Henssler Financial. All material presented is compiled from sources believed to be reliable and current,…
5 Things That Happened in June 2021 That Affect Your Small Business
For small businesses, June was all about labor shortages and higher input costs; however, that’s not all that happened. Read about the top 5 things that happened.
Don’t Let Debt Derail Your Retirement
Recent studies reveal an alarming trend: The percentage of older Americans with debt is at its highest level in almost 30 years, and the amount and types of debt are on the rise.
Relocating? How to Do It with Taxes in Mind
Now that you’re working remotely, are you considering moving to a state with no state income tax? Before you do, do your homework.
Failure to Plan Could Result in a Failure in Retirement
Chief Investment Officer Troy Harmon, CFA, CVA, is joined by Managing Associate K.C. Smith, CFP®, CEPA, and Justin Wagner, AIF®, Client Relationship Manager for Retirement Services, to take a closer look at a couple who realized that it is possible to fail at retirement. Justin and K.C. highlight some of the mistakes and pitfalls retirees make that could derail their financial security in their golden years.
In the News: Engaging the uninterested spouse into family finances
This week in the Marietta Daily Journal, Bil Lako, CFP®, highlights that your spouse may not care about the beta of your retirement portfolio, but there is a very good chance that he or she is concerned about how much risk you’re taking with your financial future.
Establishing a Financial Safety Net
Emergencies often cost money—car repairs, hospital bills, lost job, etc. Having a financial safety net in place can ensure that you’re protected when a financial emergency arises.