Latest Content

Can I afford to give money to charity, children, or grandchildren?

Bruce F. Hoffmeister |
My Business

That question is really just another way of asking “Have I saved enough to provide for myself for the rest of my life?”  You must weigh whether a lifetime gift jeopardizes your retirement needs— including long-term care costs—against the enjoyment of seeing loved ones or charities benefit from your gifts.  Generally, people wealthy enough to plan to avoid federal estate taxes can afford to give some gifts during their lifetimes.

Read More...


Understanding Stock Options

Investment Management

If stock options comprise a portion of your compensation, it’s imperative that you understand what you own and how to value it within your overall financial picture.A stock option gives you the right to buy a certain number of the company’s shares at a fixed price for a certain number of years.There are two principal types of stock options— “incentive options” and “non-qualified options”— each with unique rules and tax consequences.

Read More...