Category - Financial Advisor

The value of expertise–a recurring theme

January 2, 2018

The cost of screws and a metal plate is not the proper test of value for a surgical procedure. This is not a new subject. Rather, it is a repeated theme. There seems to be a common disconnect between experience and expertise on the one hand and price and value on the other hand–at least […]

Read more >

More IRA Trust Stuff

March 27, 2017

I was just referred to an article on this very topic, which is very much related to our blog post yesterday. I am happy to report that although the article I am referencing is not written by an attorney, it is quite good and although it contains a few points that should be clarified, it […]

Read more >

Is America Insolvent?

April 18, 2016

Is America on the verge of financial collapse? That depends on who you ask and what information you choose to believe. James Grant recently published an article in Time titled “The United States of Insolvency”, which paints a very bleak and alarming picture of the financial standing of the Unites States. According to Mr. Grant, the […]

Read more >

Angel or Devil? New book will soon be available

March 24, 2016

Each of us is both good and bad (depending on the day and circumstance).  Our life planning should reflect this reality. The new book is based on this idea, which I was first reminded of when reading a book by Tolstoy a few years ago, wherein is found the following profound statement: “Men [and women] […]

Read more >

Sushi and Professional Services

March 11, 2016

Sushi and professional services have at least one thing in common: you should expect to pay a price for the good stuff. I love sushi. Let me clarify–I love good sushi. I would venture that most people who dislike sushi have never had quality sushi. Rather, most people who say that they “hate sushi” are those […]

Read more >

How much are you paying?

October 15, 2015

One of the most common questions we get (either in person, via e-mail or via phone) is “how much do you charge for…” along with variations of the same question. This is totally understandable and proper, particularly in today’s climate of rising costs of living and related inflation in the fees charged by banks, investment […]

Read more >

IRS Wins $388 Million in Tax Court (Forbes Article)

July 3, 2015

The IRS recently won a $388 million settlement from the estate of Detroit Pistons owner Bill Davidson. While this may seem to be yet another case of the ultra wealthy not paying “their share” of taxes during life and then being required to contribute a larger share after their death, there are also several valuable lessons […]

Read more >

IRA Beneficiary–What, Why, Who and How?

January 22, 2015

When it comes to planning and protecting your assets, few things are of greater importance that having a correct understanding of your options and making wise decisions with regard to your retirement account beneficiaries. Retirement accounts come in many different shapes and sizes. Regardless of which type of retirement saving account you have, the reality […]

Read more >

New Rules For 401(k) After-Tax Rollovers (Forbes Article)

October 1, 2014

The IRS recently issues new guidelines relating to rollovers of after-tax monies in 401(k) accounts. To summarize, you are now permitted to take after-tax money from your 401(k) retirement account and roll it over into a Roth IRA, where it can then grow tax-free. Through this process, you are NOT required to pay pro rata […]

Read more >