Take Control of Your Financial Life
By Mike
It inevitably seems like the week between Christmas and New Years becomes one big to-do list where we try to remember and then accomplish it all before the calendar flips.
At the risk of giving you more things to tackle, here are a few financial items to review. Some may help lower the tax bill while others are just good to do on an annual basis. [Read more…] about Year End Planning Items
By Mike
Your adult child is just starting out on their own and you want to give them $10,000. Also, your church has just started a building fund and you want to donate $10,000 to it as well. You have $10,000 in cash and 10,000 worth of stock that you paid $5,000 for years ago. Should you give the cash to your child and the stock to the church? Cash to the church and stock to your child? Does it make any difference?
From a financial standpoint, there is a right and wrong way to make a gift. Make it the right way and, aside from the cost of the gift, you could save a significant amount of money. Make it the wrong way, and well… [Read more…] about Save Money When Making Gifts