Financial Help via Webinars We are continuing our series of online free webinars for anyone who needs help during this pandemic and beyond. The next one is March 25 at 5:30pm, and all you need to do is send in a question in advance. We’ll then send the link to the Zoom webinar. We heard that some people are shy…
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Three Questions to Increase Happiness
Shelter-In-Place Offers Opportunity for Reflection: What makes us happiest? Our quarantines and shelter-in-place this year have been difficult for many, but it would be a shame not to use the current situation to learn more about ourselves, says Shlomo Benartzi, PhD, an expert in behavioral finance and a professor at the UCLA Anderson business school. He suggests three questions for…
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Time to File the Taxes
Tax Time, Tax Time It’s the season. Nobody likes it, but we can help you get organized. Let us know if you need help with your CPA’s questionnaire. 2020 was a tough year for many, with different challenges in getting ready to file your taxes. Your custodian has mailed out your tax documents, and we also put them in the…
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A Note on RMD Changes
Remember that there are no mandatory RMDs – “Required Minimum Distributions” — for the 2020 tax year, which is a Covid19-related reprieve. This applies to all IRAs, including Beneficiary IRAs. In another change, the 2019 tax year is the last one for which the age 70½ is the magic age for starting RMDs – the age has been increased to…
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Estate Planning for Pets
Planning for Our Beloved Pets When We Die How do we make sure our beloved animals are taken care? In reviewing clients’ wills, I’ve seen many that are so well thought out that they include their current pets and any pets they might have in the future. Several famous cases, including Leona Helmsley, Michael Jackson, Doris Duke, and Alexander McQueen,…
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