Finances

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Writing Off Start-Up Costs

In South Florida, startups are booming. The Kauffman Foundation ranked the Miami-Fort Lauderdale area #1 for startups out of 40 metro areas across the country. For some people, starting their new business is as simple as registering a domain name and building out a website. For other entrepreneurs, there are greater expenses incurred to establish [...]

By | June 29th, 2017|Business, Finances|0 Comments

How (and Why) to Disinherit a Child or Grandchild

As much as it was fun to write about Generational Wisdom in 32 Questions, many families have different challenges that are not so heart-warming. For example, there may come a time when a child or grandchild’s behavior warrants their removal from your estate plan. Such a decision normally does not come lightly and the person [...]

By | May 30th, 2017|Finances|0 Comments

Leaving Without a Plan: Prince Didn’t Leave a Will – Here’s Why You Should

Even after death, celebrities are highly publicized for their mistakes, many of which we make ourselves. This time last year, superstar musician Prince died suddenly, leaving no will, and the management of his substantial estate fraught with legal complications and added costs. It’s easy to assume that the wealthiest among us have all their ducks [...]

By | May 9th, 2017|Finances|0 Comments

When Duty Calls: Navigating the Sandwich Generation with Ease

The average age of parents raising children in the US continues to rise, leaving many middle-aged Americans in a category commonly referred to as the sandwich generation. This growing population of professionals often raise kids at home when they become responsible for the care of their own aging parents. The stress and financial strain of [...]

By | April 6th, 2017|Finances|0 Comments

The Surprising Secret to Keeping Good Records in Your Small Business

Keeping good business records relieves stress and makes running your company easier and more enjoyable. But it may not look like what you think if you’ve run your business by saving receipts all year long and then trying to handle your bookkeeping all at once at tax time. First and foremost, don’t handle your bookkeeping [...]

By | April 4th, 2017|Finances|0 Comments

Think Your 401(k) Is Flexible? 6 IRA Benefits Your 401(k) Doesn’t Have

When it comes to retirement plans, IRAs and 401(k)s provide many of the same benefits. But in certain situations, an IRA can outperform a 401(k). IRAs aren’t right for everyone, so you should become familiar with the advantages IRAs have over 401(k)s before you transfer funds or set up a new account. To help you [...]

By | March 21st, 2017|Finances|0 Comments