Business Ownership Information

We are writing to share essential information about the Beneficial Ownership Information (BOI) reporting requirements recently implemented by the U.S. Department of the Treasury under the Corporate Transparency Act (CTA). These requirements may impact your business,...

What is a Donor-Advised Fund and How Does It Work?

A donor-advised fund (DAF) is a philanthropic vehicle that allows individuals, families, or organizations to make charitable donations while retaining certain controls over how those funds are distributed. It offers a flexible and efficient way to manage charitable...

Tax Diversification in Investing

Tax diversification in investing involves spreading your investments across different types of accounts, assets, and securities to optimize tax efficiency. Here’s a breakdown of key strategies and concepts: Account Types: Taxable Accounts: Investments in regular...

What Happens to Debt After a Person Passes Away?

When a person passes away, their financial obligations don’t simply disappear. The management and settlement of debt can be a complex process, and understanding how it works can help ease the burden on surviving family members. Here’s a brief overview of what happens...

How To Teach Kids About Money

How To Teach Preschoolers and Kindergartners about money Use a transparent piggy bank so they can see their savings. Teach them the coins and bills. Let them pay – take a small amount from their piggy bank and let them use it to buy something at the store....