The last few months have been filled with debate over how the Brexit vote would end. The markets have parroted this debate throughout the month of June with positive and negative swings leading up to last week’s vote. On Thursday, words turned to action and the argument reached a crescendo when 52% of the British citizens participating in the historic referendum, cast their vote to leave the European Union (EU). Much has been written and spoken since, about what this will mean to Britain and the world. Which countries will remain in the European Union, what it will mean to …Read More
Part 1 of this series addressed how parents and family members can sometimes influence a child’s choice of schools through words and actions. Part 2 focused on the myriad of choices and how to assist a child in narrowing the selection to those best suited to help achieve vocation goals. The final segment of this 3 part series will attempt to outline options to think about when paying for a college education. While it may be possible to cover the entire cost of a child and their siblings’ education, it might be worth considering other options that involve the child. …Read More
Children are often influenced in ways that are not always obvious. As mentioned in part 1 of this 3 part series on planning for college, family conversations about fond college memories and experiences, likely occur long before a child narrows their choice about where to apply and enroll. Children will also be influenced by friends and their ideas or maybe where a teacher encourages them to explore. Ideally, they consider their intellectual and vocational gifts and settle on a few schools that align well with their longer term professional or vocational aspirations.
All the while, parents may be trying to …Read More
Building on our recent tax newsletter, below are some charitable giving suggestions that might help reduce taxes while providing some personal fulfillment. It is well known that giving comes from the heart and is not typically financially motivated, but it doesn’t hurt to receive a little benefit when your tax liability is reduced. Taxes and charitable giving are unique to the individual. Since these recommendations might not be appropriate for everyone, always check with a professional advisor before making any final decisions.
Donating Appreciated Stock
Starting with the basics, you can typically donate appreciated stocks and mutual funds directly …Read More