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  • ‘Financial Wisdom from My Father’: A CFP® Professional Shares How Dad Shaped Her Passion for Planning

    My father emigrated from Taiwan in the 1960s with only $17 to his name and the clothes on his back. Even though he was poor in the material and financial sense, he never considered himself poor. His mantra was that financial wealth alone did not represent one’s “true wealth.” He stressed the fact that he was rich in spirit and blessed with his education.
  • The Estate Planning Starter Kit for Newlyweds

    Having just recently tied the knot myself last September, I know what it is like to take the plunge. I dated my wife for ten years prior to matrimony so, for us, settling down has been somewhat of a smooth transition. Oddly enough, however, since our big day, I’ve noticed a substantial increase in my wife’s concern for my general safety, especially when dashing across the bustling streets of Manhattan, where we live. Clearly, she and I have a different understanding of what the flashing red hand on the other side of the crosswalk means.
  • What To Do When Your Employer Stops Matching 401(k) Contributions

    Shhhhh, I am going to tell you the secret of all retirement planning – the sooner you start and the more you put away, the more you will have at the end of the road. And compounding (we’ll get to that in a minute) in a tax deferred environment is one of your most powerful tools to accomplish this.
  • Plan Your Estate with Character

    Planning your estate isn’t as fun as dreaming about how fantastic your retirement will be, or as exhilarating as watching your investment portfolio rise over time. And unlike taxes, estate planning doesn’t have any hard deadlines by which it must get done, or penalties to pay for being late. Nevertheless, there can be real costs to delay.
  • Inheritance Disputes: Why They Arise and How to Resolve Them

    Inheritance disputes are not just a problem for the rich and famous, or for blended families. Even when there’s little or no wealth at stake, or no second marriages with children that are “his, hers, and ours,” survivors still disagree about issues such as the disposition of sentimental personal property, who should be responsible for raising the deceased’s minor children, even who gets the dog.