Should You Be Using More Than One Financial Advisor?
[vc_row css=”.vc_custom_1612380408194{padding-top: 20px !important;padding-bottom: 20px !important;}”][vc_column][vc_video link=”https://youtu.be/c0Mw80i-W_g” css=”.vc_custom_1662487692239{padding-top: 20px !important;padding-bottom: 20px !important;}”][vc_column_text css=”.vc_custom_1662487832459{padding-top: 20px !important;padding-bottom: 20px !important;}”]Instances of clients using multiple advisors rose after Bernie Madoff’s Ponzi scheme was revealed during the 2008 financial crisis. However, in good or bad times, multiple advisors can lead to higher fees and lost efficiencies. Ponzi Scheme Protection Nobody […]
Invest Large Lump Sum of Money Tax-Efficiently By Using Your Children
[vc_row][vc_column][vc_video link=”https://youtu.be/sOt9ZbFEuSM” align=”center” css=”.vc_custom_1662486312178{padding-top: 20px !important;padding-bottom: 20px !important;}”][vc_column_text css=”.vc_custom_1662486400157{padding-top: 20px !important;padding-bottom: 20px !important;}”] Here is the scenario You’ve just inherited $1,000,000. You invest the million and it starts generating $40,000/year in dividends. $40,000 is great until you realize the tax man takes away $15,114 every year, leaving you with $24,886. What can you do? Well, you […]