Posts by awishard

What is a Charitable Remainder Trust and when would I consider using it?

Posted by on Apr 5, 2016 in Estate Planning, Financial Focus, Tax Planning

The first reason you would consider a CRT is because you are charitably inclined. This vehicle can provide a way to give, when you might otherwise be unable to do so. In addition, if you are considering an action that has a significant tax liability and/or you need to generate income, this type of trust can provide certain advantages.

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Terrorist Attacks & Stock Markets

Posted by on Mar 28, 2016 in Financial Focus, News

In light of last week’s terrorist attack in Brussels, the Washington Post reviewed historical attacks and their effect on the US stock market. The table below was taken from a Charles Schwab study on the length of market recoveries after the initial shock hits the markets. While terrorist attacks are no doubt a human tragedy, their effect on stocks tends to be short-lived. Read the full article here. Table by Charles Schwab & Co. Past performance is not indicative of future returns....

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Do the Social Security File and Suspend and Restricted Application changes impact you?

Posted by on Mar 25, 2016 in Financial Focus, Retirement Planning, Social Security

In November, Congress decided to eliminate both the option to file and suspend your application and the option to file a restricted application. Fortunately, they are not closing the door on these options immediately, giving people who qualify for these benefits the opportunity to decide what they would like to do. If you qualify, filing and suspending your application requires action on your part before April 29, 2016. The file and suspend option allows you to file your application and then suspend it, allowing your benefit to continue to grow, while at the same time allowing your spouse to...

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