There are a number of methods to draft a Medical Power of Attorney and a Living Will. In Maryland there are several options we can use to craft these …
Tomorrow, as you are coming home for dinner, you’re busy thinking about your day, the proposal you have to complete, and whether should have pasta or a burger tonight. On second thought, you’re tired, so you might just eat some …
Life insurance is used during many aspects of the financial planning process, but it’s easy to overlook several considerations that could cost your family big when the time comes to collect. I’ve rounded up five of the most costly life …
First of all, it’s important to know exactly what a Home Equity Line of Credit (HELOC) is.
A HELOC is a type of home loan that works similar to a credit card. Instead of receiving all of the money up …
Behavioral finance is the field of study that explores how people make financial decisions. The brain is constantly being bombarded by unimportant information from its surroundings at all time: if you are reading the morning paper, the brain is trying …
The Roth IRA is a favorite amongst the financial planning community for good reason.
Saving for retirement can be a big headache and because of all the restrictions on withdrawals it’s tough to know whether to invest in tax deferred …
Budgeting is one of those things that we all know we should be doing, but just can’t seem to find the time to fit into our busy schedules.
Well, it’s time to face the facts, in order to take control …
Here’s a quick rundown of the most common types of retirement accounts that people ask me about. I’m only going to touch on each of these briefly and will revisit these different accounts separately in a future post.
A warning, …
Today I’m going to highlight the differences between qualified accounts that offer tax-deferred growth (meaning you pay taxes on growth later) vs non-qualified accounts that offer taxable returns. Anyway, here goes: