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New Tax Law Makes Bundling Gifts to Donor-Advised Funds Attractive

By |2018-10-09T17:19:58+00:00October 9th, 2018|All, Family Finances, News|

“Give, but give until it hurts.” – Mother Teresa –    I don’t think Mother Teresa paid much attention to the tax code, but her quote is unusually prescient for 2018 taxpayers.  The changes have made it unlikely to get a tax break on money given to your favorite charities. When the Tax Cuts and Jobs Act was signed into law late last year, the intent was to reduce taxes and simplify the tax code for all Americans.  Some of […]

What to Ask Your Financial Advisor

By |2018-09-20T18:39:36+00:00September 20th, 2018|All, Family Finances, Investing, Retirement|

How does/and how much does your advisor get paid? Fees matter.  It is important to know how much you are paying and the value you receive for that payment.  If you’re paying 1% or more for only investment management with no in depth retirement planning, we should talk. Is your advisor required by law to act in your best interest? If not, why? Most advisors are only required to do what’s “suitable” for you and are not required to act in […]

The Value of a Financial Plan

By |2018-04-17T13:23:55+00:00April 17th, 2018|All, Family Finances, Investing, Retirement|

It’s common for investors to feel nervous when looking at investments by themselves. Are you saving enough? Are you saving in the right place? Are you holding the right mix of investments? Should you own individual stocks or funds? Are you paying too much in fees? What are you actually paying in fees? For the average investor, this is enough uncertainty to make someone feel uncomfortable, and this isn’t even the whole picture. Dealing with a pension can seem daunting […]

Understanding Your Heirs and Knowing Your Beneficiaries

By |2018-03-20T13:26:39+00:00March 20th, 2018|All, Family Finances|

Estate planning has often had an air of mystery to some people. The terms used and bantered about by lawyers or planning professionals are not words we use in everyday conversations.  Do you have heirs? Answer: No you don’t – it is a trick question. If you are reading this article, it’s presumed you are alive and breathing. So, only individuals who have died have heirs … but only if they don’t have a last will.  Confused? You are not […]

Income Tax Planning – How Rockbridge Can Help

By |2018-02-23T19:23:41+00:00February 23rd, 2018|All, Family Finances|

It’s tax time again and as you gather your W2s, 1099s, and maybe even your K-1s, we thought it would be a good time to explain our income tax planning approach. Income tax planning is a crucial aspect of the overall financial planning process. To some degree, taxes impact every area of your financial plan. In certain cases, the tax planning opportunity will be a one-time event; affecting only one or two tax years. Other times, tax decisions will have […]

Ten Best Financial Practices to Jump-Start Your New Year

By |2018-01-19T22:19:48+00:00January 19th, 2018|All, Family Finances, Investing, Retirement|

Happy New Year! Now that 2017 is a wrap, one of the best presents you can bestow on yourself and your loved ones is the gift of proper preparation for the rest of the year. Want to get a jump-start on it? Here are 10 financial best practices to energize your wealth management efforts.   Save today for a better retirement tomorrow. Are you maxing out pre-tax contributions to your company retirement plan? Taking full advantage of your and your […]

The ABC’s of Behavioral Biases: An Introduction

By |2017-11-07T19:18:37+00:00November 7th, 2017|All, Family Finances, Investing|

By now, you’ve probably heard the news: Your own behavioral biases are often the greatest threat to your financial well-being. As investors, we leap before we look. We stay when we should go. We cringe at the very risks that are expected to generate our greatest rewards. All the while, we rush into nearly every move, only to fret and regret them long after the deed is done. Why Do We Have Behavioral Biases? Most of the behavioral biases that […]

And Now… A Few Things We Won’t Be Doing As Your Financial Advisor

By |2017-10-18T17:56:58+00:00October 18th, 2017|All, Family Finances, Investing, Retirement|

Any investor who spends even a modest amount of time reading financially-based magazine articles, or occasionally watches or listens to financially-based TV or radio programs, can’t escape all the pronouncements financial advisors make to prospective clients. So, if you are new to Rockbridge, I thought it would be fun to share a few promises with you. Here are five promises of what Rockbridge will not do with clients or prospective clients: Make Short-Term Stock Market Predictions We don’t guess the […]

Here for Good – The Role of Philanthropy in Our Lives and Beyond

By |2017-10-16T21:16:27+00:00October 16th, 2017|All, Family Finances, Retirement|

Philanthropy does not always make the list of critical priorities when planning for the future, a process often dominated by other pressing needs like education and retirement.  Yet for those blessed with some success, and financial resources that exceed what we need to survive, philanthropy can be a way to give back, pay it forward, or just do something good for other people. Philanthropy – Goodwill to fellow members of the human race; the effort or inclination to increase the […]

Avoiding Financial Scams and Identity Theft Slams

By |2017-05-24T20:10:54+00:00May 24th, 2017|All, Family Finances, News|

Young or old, wealthy or poor, online or in person … Nobody is immune from financial scams and identity theft slams. No matter who you are or how well-informed you may be, the bad guys are out there, daily devising new tricks for every fraud we fix. Who Are They? Fraudsters and Thieves Financial fraudsters are after your assets. Identity thieves want to steal your personal information – usually, so they can commit financial fraud by posing as you and […]

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