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In the not too distant past, it was common to have multiple insurance policies with different companies – one for your car, one for your home, one for your health, and one for your boat – well, you get the idea. Usually, this meant having numerous distinct insurance companies, each with their own policies, discounts,…
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Most of us may think that Identity Theft just isn’t that prevalent. However, ID thieves steal the identities of about 2.5 million deceased Americans every year. This is over and above the hacking schemes we hear about almost daily. The most targeted groups of people are the deceased, children, prisoners and the elderly. These general…
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Wow! 30 years! And, some of you, who have been clients since our beginning in May of 1986, may remember “Raskob Financial Advisors” which became Raskob Kambourian Financial Advisors, Ltd. after Pat Kambourian and I incorporated. Now that my partner Pat has decided to retire and travel, I have restructured RKFA to create a fabulous…
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Yes, it’s that time again – TAX SEASON! Most people dread this time of year like the plague. Not only are you likely recovering from holiday expenses, now you have to worry about the extra amount Uncle Sam will take from your hard-earned income. Or, perhaps you expect a refund of some sort. Either way,…
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Just before Christmas Congress finally passed the extender bill reinstating for another year some of the helpful items they have had in the past such as 50% bonus depreciation and the teachers’ deduction for above the line. However, it will again need to be re-evaluated this year. There is always hope that Congress will really…
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Below are three quick facts that I thought might be helpful: Fact #1 Year to date (September 21, 2014), IPOs in the U.S. have raised about $69 billion according to Dealogic. That is up from $62 billion in all of 2013. The record was set in 2000, when IPOs approached $105 billion. Source: Wall Street Journal…
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Passing on the family wealth from one generation to the next – whether involving a network of businesses and philanthropic organizations or simply the family home and prized heirlooms – is never easy. But periodically holding family meetings can go a long way in making that transition smoother, more effective, and less painful for the…
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While many think that once documents are written they never have to do it again, as a Financial Advisor, I believe than an Annual Review should include: Does your will, trust, financial power of attorney, medical power of attorney or living will need any updating? Has it been done since the new privacy regulations took…
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Charitable contributions are an important part of your financial plan. Here are 14 ways you can give to charities. Outright gifts of cash, securities, real estate and other assets Bequest by will of percentage of estate or dollar value Testamentary gift after usage or death of another beneficiary Life insurance beneficiary or transfer of policy…
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After three years of being in effect the Health Care Law is gaining speed and beginning to make an impact on many aspects of our lives whether it is as an employee, employer or happily retired. The complexities about the health care aspects are much greater than can be addressed in this space. If you…