Sylvester Knox
Blog
The Differences Between a Trust and a Will
Wills and trusts can help minimize the burden of transferring assets to heirs after your death. They can also help minimize the tax liability that comes with it. When wealth is passed down to a subsequent generation, it becomes more involved. What Are Wills? A will is...
Financial Tips for New Parents
It's important to note that it's costly to raise a child, and before one decides to become a parent, some things need to be addressed first and foremost. A child comes with a large number of expenses such as daycare, diaper costs, health insurance, and so forth. All...
The Pros and Cons of Roth IRAs
A Roth IRA is a type of investment account that provides tax-advantaged growth and withdrawals. There are many advantages to using a Roth IRA, but there are also disadvantages. In this article, we will explore the pros and cons of these types of accounts to help you...
Creating an Affordable Will
If you own assets and don't have a will, you are probably leaving the state to distribute your items after your passing. It may also lead to conflict between family members, and you should organize all your property details correctly. Fortunately, you have many...
What to Know About Estate Planning
Estate planning is an important part of life that you should not take lightly. If you don't have a plan in place for what will happen to your assets when they are passed on, then the state might decide how they are distributed. This can lead to family members fighting...
Tools to Help Calculate Your Retirement Income
Retirement is a scary thing. It can be hard to plan for retirement, and it's easy to get lost in all of the planning you need to do before retirement. If you're feeling stressed about your financial future, don't worry. We have some great tools for calculating your...
How the Pandemic Has Affected Retirement
Now that the pandemic is over a year old, many workers are starting to consider their futures again. The present is still very much up in the air, but things are stabilizing to some degree, at least enough for many workers to take a moment and consider their current...
Financial Stability During Retirement
There comes a time where most people will choose to set work aside and retire. They’re usually older and can’t do as much, so it’s time for them to rest and enjoy their lives going forward. However, some people find it hard to adapt to a new mode of life since so much...
Financial Tips For Retirement Planning
Planning for retirement can be stressful. It seems like it’s far away, but as you get older, it quickly creeps up on you; before you know it, you’ve reached retirement age without a plan of what to do afterward. Taking a step back and planning for your retirement now...
What You Should Know About Early Retirement
Retirement is something that all workers aim for eventually. After all, no one wants to work forever. While some people may think of early retirement as part of their future, the reality is that early retirement is only planned by 11-percent of workers; out of those...