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Will the Human Side of Investing Make You Poor? Many investors face a dilemma. You need to grow your assets so you can meet your personal financial goals. Yet emotions and a fear of loss often drive self-defeating investment decisions. Let’s look at how emotional decisions interfere with your ability to develop and maintain an investment strategy that works to grow your investments year after.

Your legacy can be joyful, tragic, or somewhere in between – but you get to choose which.

A Family Limited Partnership (FLP) is a limited partnership that families use to manage family enterprises and other family investments. The FLP has two classes of partners—general and limited. The general partners retain managerial and financial control over the partnership. Typically, once the senior family member(s) transfer the family assets into the Family Limited Partnership, they keep the general partnership i

How happy is your family? Do you communicate about what matters most? Do you truly know each other? Mere facts are meaningless until infused with significance. Your family’s passions, longing, failures, regrets, wins and learning are the fabric of life, and the stories that recall “life” are crucial to building a lasting legacy.

Build Your Living Legacy While You Educate The Next Generation Early in your children’s lives, you can share your values, family history, and insights through light-hearted conversation and stories centered on the beliefs and decisions that shaped your successes, failures, and your vision for the future.

There isn’t much grandparents won’t do for their grandchildren.  As financial advisors we are often asked, “How can I help my grandchildren after I’m gone? Can I build a legacy for them that will remind them of me and provide them additional security?”

Generosity is a mindset and a way of life.  It’s about far more than just giving money, and it is a great tool to teach younger generations about legacy. Growing up, my father and I never really discussed being generous, but he showed me in so many small ways that it has become his living legacy―and now, I am making it my life’s work to share the message. It seems that lessons learned best are lessons pra

Legacy planning can be a win-win for everyone—it strengthens relationships and allows a person’s values to accompany the wealth he or she passes on to heirs or gives to charity. In this way, legacy planning is much more than a business transaction, and reaches beyond mere tax savings. We believe there are at least three basic, yet distinct steps in legacy planning:

Entrepreneurs have vision, understand risk and reward, and are good at decision-making.  Why is it then that many don’t understand the importance of planning for their legacy or having an estate plan?  As an entrepreneur myself, I view estate and legacy planning like a business plan for life―a road map to long-term success and peace of mind.  There’s no escape from death and taxes, so we might as well plan for

Although corporate stock inversions have come under fire lately, U.S. based multinational companies continue to announce inversion plans. In an inversion transaction, the shareholders of the U.S. Corporation must exchange their shares for shares of the foreign parent corporation.  Although the stock inversion transaction qualifies as a tax-free reorganization that imposes no tax on the U.S. Corporation, this exchange