One of the most common mistakes investors make in dealing with their IRAs is to name or change a beneficiary. In this changing world and with our fast-paced lives, many people overlook the important feature of passing on one of your most important assets. The IRA beneficiary designation form serves as an important estate planning document.
In today's housing market, many people are upside-down with their mortgages. Not to mention, many homeowners have an adjustable rate mortgage that has the payment skyrocketing.
Fire season: Are you prepared in the event of a disaster?
After 90 days or so on a new job, I pointedly asked my not-so-new boss, "I've been here for just about three months, how am I doing?"
To be a successful entrepreneur you must have patience, perseverance, honesty, fidelity and the personality of a self-starter. There are many who have fine staying qualities, but poor starting qualities.
In California, where spouses are concerned, property rights are determined by looking at the basic principle of "yours, mine and ours" - what's yours is yours, and what's mine is mine (separate property).
The most important decision to make in establishing a trust may be the selection of the trustee. The trustee's role is to carry out the terms of the trust and fulfill its objectives. While there are several different types of trusts, this column will focus on the most common type, the revocable living trust, and the selection of a successor trustee.
Keeping a handle on our lives and time are key to being able to succeed. Many of us make "to-do" lists, but few of us take the time to weigh the things on that list for their relative importance, both professionally and personally.
Most of us are familiar with the old adage, "You can lead a horse to water, but you can't make him drink."
Saving for college can be intimidating. Added to this necessity is the current crisis we are facing in our personal lives due to the financial and energy markets.
Last week, the Super Bowl-winning New York Giants traded tight-end Jeremy Shockey to the New Orleans Saints. Shockey had been a Pro Bowl pick for a number of years and had solid statistics, including having 371 catches for 4,228 yards and 27 touchdowns in 83 regular season games with the Giants.
True go-getters do not amass power by worrying about their titles or the size of their offices. Instead, they know how to lead and keep loyal employees.
At 18, you are now an adult in the eyes of the law. You can enter into contracts, buy and/or sell property, real estate or stock, marry, sue and/or be sued, make a will, inherit property, vote, serve on a jury, control your own medical treatment and join the military, but still have NO rights with alcohol. Your parents no longer have to support you. You are responsible for your own taxes and insurance and must register for the military. You are no longer entitled to the protection of the juvenile court system.
The nearly 80 million Americans born between 1946 and 1964 may pride themselves on being different, but they have at least one thing in common: They are all "baby boomers," the largest generation in American history. The oldest of them are now reaching an age commonly associated with retirement, and each day over the next two decades thousands more will follow.
If you hire someone to help around the house or to watch your children, you may be subject to the often overlooked "nanny tax." Simply put, the nanny tax is a payroll tax due on certain household employees' wages.
Last week marked the end of the first half of the calendar year. It seems like January was just last week.
Starting or growing a family can be an exciting milestone in one's life. But as most experienced parents will tell you, your priorities are likely to change, and along with these changes come new expenses and responsibilities,
Being a trusted advisor is a place of honor. When you reach a certain stage in life, you are compensated not for what you do but for what you know.
With student loan debt nationwide at an estimated $1.2 trillion, homeownership for many recent and past graduates is a distant dream.
Throughout the years at the Advisory Board meetings I facilitate, I've heard a fair amount of laughter and grumbling from the business people who participate.
Jim, president of the top local IT company, came by the other day. He was not happy. He'd just been served with a complaint, alleging that he'd breached a new employee's contract, had wrongfully terminated her, and was guilty of breach of promissory estoppel (whatever that is?).
The bottom line, the profitability of a company, should matter to every employee but many owners tend to keep this information private. Owners then complain when profits are thin.
Even in a state with hundreds of miles of beautiful, sandy beaches, luxury home buyers in California preferred hilltop homes over ocean-front properties by a margin of four to one.
I've always liked watching team sports. Sometimes you don't even have to be watching a game to know how things are going. You simply have to listen. You can hear the winners.
Not yet using LinkedIn to help you find qualified professionals? You should be.