Managing Your Financial Team – The Family Office

Today, the typical high net worth individual has 4 or more advisors – a CPA, estate attorney, investment manager, and insurance agent, to name a few. These advisors usually work within an informational vacuum, providing services without understanding their client’s complete financial picture.... 

Dementia Is Not Only a Family Matter But Also a Financial Matter

When a close relative or friend starts to display signs of dementia or related neurological ailments, it is a family tragedy requiring speedy action and medical care. But in many cases, the disease comes on gradually, and it becomes evident with inconsistencies in behavior and sometimes, problems with... 

Divorce May End a Marriage But Unchecked Credit Issues Just Might Last Forever

One of the most important aspects of planning for a post-divorce life is planning for your post-divorce credit history. It’s always important for smart individuals to be aware of the potential money pitfalls of love gone wrong. A divorced couple’s respective credit histories can still be... 

Big Windfalls and Structured Settlements – What They Are and How to Handle Them

If you’ve received this windfall, it might sound like you’re fixed for life.  The reality is that your financial life has changed drastically, and you need to plan for it. A structured settlement is a way of receiving partial payments for a major amount of money you’ve won or received... 

Bank-Owned Real Estate May Be Plentiful, But Learn the Ropes Before You Invest

Last month, RealtyTrac, a leading online market for foreclosure properties, reported that over 3.16 million foreclosure filings were made in 2008, up 81 percent from 2007 and up 225 percent from 2006. There was one more stunning fact – that one in 54 U.S. housing units received at least one of...