by Sylvester Knox | Nov 18, 2021 | Personal Finance, Retirement
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...
by Sylvester Knox | Nov 18, 2021 | Personal Finance, Retirement
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...
by Sylvester Knox | Oct 25, 2021 | Personal Finance, Retirement
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...
by Sylvester Knox | Oct 25, 2021 | Personal Finance, Retirement
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...
by Sylvester Knox | Sep 22, 2021 | Personal Finance, Retirement
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...