- A Guide to Connecticut Inheritance Laws
Connecticut has no inheritance tax but it does have its own estate tax. There may also be additional federal taxes that your estate must pay. In this article, we break down the Constitution State’s inheritance laws, including what happens if you die… read more…
- How to Retire in Uruguay: Costs, Visas and More
Uruguay has become a popular retirement destination due to its warm climate and affordable living. This South American country is located between Argentina and Brazil and is known for its friendly citizens and rich culture. Not surprisingly, it’s a global… read more…
- How to Buy a Plane: Costs, Upkeep and More
The cost of buying an airplane varies widely, influenced by factors like aircraft type, size and age. While used single-engine planes can cost around less than $50,000, larger jets can cost millions or even tens of millions of dollars. Beyond the purchase, upkeep expenses – such as fuel, maintenance, hangar storage, and insurance – add… read more…
- What Is Special Power of Attorney?
You may want to set up power of attorney if you’d like someone else to make decisions on your behalf. Special power of attorney has a narrow scope. It grants someone the right to act for you in certain situations.… read more…
- How to Retire in Australia: Costs, Visas and More
Are you thinking of retiring in Australia? The Land Down Under makes for an appealing retirement destination, with its nautical culture, beautiful coastal areas and first-world amenities. But as with any overseas retirement, there are some details you need to… read more…
- A Guide to the Biggest Securities Licenses
Selling securities or financially advising clients requires a license, and which license a professional needs depends on a number of factors, including what type of securities are being offered for sale, what type of financial transaction is being conducted and… read more…
- How to Retire in Colombia: Costs, Visas and More
Want to retire to a country known for lush landscapes and friendly locals? If so, you may want to consider Colombia. It’s become a favorite destination among American retirees in the last decade. Before you pack up your life to… read more…
- How to Start a Business in Florida
Florida enjoys a business-friendly regulatory environment and its population is growing -thanks, in part, to warm weather and lack of income tax. This can translate into rising demand for goods and services, making the Sunshine State is an attractive place… read more…
- How to Start a Business in California
As the nation’s most populous state, with a $3 trillion economy, California is an appealing place to start a business. But while the massive economy presents plenty of opportunities for business owners, there are also plenty of regulations that they’ll… read more…
- How to Retire in Peru: Costs, Visas and More
When it’s time to retire, many U.S. retirees head south. While many stop in Florida or other southern U.S. states, some keep going for destinations in Central America or South America. One popular destination is Peru, where visitors and retirees… read more…
- Dynasty Trust: Definition and Uses
Estate planning can help you manage your investments and other assets to minimize taxes during your lifetime and beyond. A dynasty trust is one vehicle you can use to create a financial legacy for multiple generations. Here’s more on what… read more…
- Using Scenario Analysis for Your Portfolio
Scenario analysis can help forecast investment performance, based on different factors and situations. This strategy could help with managing risk and potentially increasing returns. However, it’s important to understand how scenario analysis works before applying it to your investments. A… read more…
- What Does an Investment Committee Do?
Workplace retirement plans, such as 401(k)s or pension plans, are governed by a complex set of rules and regulations that can be challenging to navigate. These plans are often overseen by an investment committee responsible for managing the plan’s assets and ensuring compliance with fiduciary duties. A financial advisor can also help you decode these… read more…
- A Guide to the Lipper Rating System and “Lipper Leaders”
Funds want to be Lipper leaders. They want to beat a Lipper Average, which is a way to classify funds based on their performance. The rating system takes a lot of data to determine where each fund falls, on a… read more…
- Investing in Direct Participation Programs (DPPs)
Direct participation programs (DPPs) are a specific type of investment to consider. They are non-traded, pooled investments, and they commonly invest in ventures like energy companies and real estate. This is a bit different from other pooled products like mutual… read more…
- What to Know About Hawaii Inheritance Laws
Hawaii has no inheritance tax, but it is one of 12 states with an estate tax. In this detailed guide to the Aloha State’s inheritance laws, we examine this estate tax, along with other key inheritance laws, including rules governing… read more…
- A Guide to Management Fees
If you use the services of a financial advisor or investment broker, you’ll end up paying management fees as they handle your investments. For example, if you buy shares in a mutual fund, the manager of that fund will receive fees in exchange for choosing investments for the fund. So, too, does a financial advisor… read more…
- What Constitutes Insider Trading?
Buying and selling shares of company stock isn’t illegal. But what about when you do it for a company you work for or otherwise interact with? Insider trading can be tricky. One wrong move can turn savvy trading into illegal… read more…
- What Is an Investment Company?
An investment company is a company that invests pooled assets in securities. Some of the biggest financial services companies are investment companies. Major players them include Vanguard, Fidelity and Charles Schwab. Here’s how these companies operate and how they can… read more…
- What the 80/20 Rule Means for Your Business
When you get 80% of your results from 20% of your customers, that’s the 80 20 Rule in effect. The 80/20 rule helps businesses find areas that have the most impact. This allows those business to focus their efforts and… read more…
- Joint Tenants With Right of Survivorship
Joint tenants with right of survivorship is a form of property ownership where two or more individuals hold equal rights to an asset. When one owner dies, their share automatically passes to the surviving co-owners without the need for probate. This arrangement is often used for real estate, bank accounts, and other jointly owned assets,… read more…
- Volume Weighted Average Price (VWAP)
“Did I get a good price?” Anyone who has traded a security has asked themselves this question. Did you buy when the stock was low enough? Did you sell right before it peaked? Did you get it wrong entirely and… read more…
- How to Calculate the Expected Return of a Portfolio
An investment’s “expected return” is a critical number, but in theory, it is fairly simple: It is the total amount of money you can expect to gain or lose on an investment with a predictable rate of return. Basically, it tells you what you can expect to get out of a given investment, and by extension, what… read more…
- Inheritance Laws in Arkansas
Arkansas does not have a state inheritance or estate tax. However, like any state, Arkansas has its own rules and laws surrounding inheritance, including what happens if the decedent dies without a valid will. This article covers probate, how to successfully create… read more…
- Delaware Inheritance Laws: What You Should Know
Like many states, Delaware does not have an inheritance or estate tax. The First State also boasts the sixth-lowest property tax in the U.S., and has no gift tax, making it a relatively tax-friendly state. In this detailed guide of Delaware… read more…