The term “estate planning” sometimes leads people to believe that it’s only about passing wealth down to the next generations. If you don’t have children, you may think that estate planning isn’t necessary. However, neither is true. Your estate doesn’t mean “wealth.”...
Let’s set the scene: a newlywed couple is discussing their financial values. She wants to travel to Europe and experience the finer things in life. He wants a saving strategy to pay for their retirement and day-to-day expenses. Because she values experiences and...
When you hear the term “insurance,” you probably think of one single type of insurance — health insurance, car insurance, or homeowners insurance, for example. But the truth is, we all need a variety of insurance to protect us, not just one or two. Why? Because life...
It’s that time again: back to school season. For parents of students nearing the end of their high school years, the crunch of college expenses can feel like a cloud looming over you. But we don’t think it has to feel that way. Instead, we work with clients and...
Did you know that the average debt load for an American household (including mortgage) is $101,915? Other types of loans are included in that number: student loans, credit cards, car loans, personal loans, and medical debt. Even if you exclude mortgage debt, the...
In this year’s annual letter to its shareholders, Berkshire Hathaway CEO Warren Buffett had an eloquent yet simple perspective on looking at finances: “Focus on the forest, forget the trees.” Too often, investors who evaluate Berkshire Hathaway obsess on the details...
