In August 2016, five organizations united in a collected effort to educate and inform individuals on how they could redirect their Arizona tax dollars to make a difference in their local communities. Greater Prescott Area Tax Credit Coalition now has 17 organizations and continues to educate the community on practicing informed decision-making and having greater … Read More…
by Donna Linton, Contributor Every professional working in the reverse mortgage field works to help the public overcome the misconceptions that have plagued our industry. I have sat with skeptics kitchen tables, and overheard misinformed seniors talking negatively about our product. The problem is that most Americans simply don’t understand the ins and outs of … Read More…
by Arlene Rheinfelder, EA CP AZCLDP, Enrolled Agent, Certified Paralegal, AZ Certified Legal Document Preparer, Prescott Tax & Paralegal LLC Hurricanes Harvey, Irma and Maria. Fires in Montana and California. The recent Goodwin Fire, which forced the evacuation of Mayer and neighboring communities. For those who’ve lived here awhile, the Yarnell Fire, Indian Fire and … Read More…
by Anne Wenzel, Partner, Tiensvold Shaffer Wenzels CPA’s PLLC So, let me begin by saying I am not a medical doctor, nor am I experienced in the various mental health afflictions that can plague aging adults. I am a CPA, a tax person. And while it seems I spend all day tabulating taxes, I have … Read More…
If you are accumulating wealth quickly and live the comfortable life with a large house, luxury car and other expensive assets, you’ve no doubt already insured all of those belongings. But while most high-net-worth individuals have their possessions properly covered, they often overlook their largest risk: liability. In fact, they often over-insure against minor threats … Read More…
by Parshalla Wood, Financial Advisor, Wedbush Securities, Inc. Thinking about retirement can be both an exciting and overwhelming topic. Your retirement vision may be filled with many personal goals such as taking cruises, traveling to faraway lands, making that dream purchase and community involvement. But it may likewise be filled with many questions every time … Read More…
As part of the estate-planning process, many people create revocable (aka living) trusts. Trusts can be used to avoid probate, but only if they are funded before you pass away. Funding a trust is an oft-forgotten step in the estate-planning process. If not done correctly or at all, then many of the purposes and expected … Read More…
by Travis Schultz, Owner and Licensed Mortgage Broker, Smart Mortgage Are reverse mortgages not all they’re cracked up to be? Can they truly add the stability you need for financial planning and your retirement, or are they just another way to steal away your home, equity or inheritance? Since the product began back in 1989, … Read More…
by Jodi O. Padgett, CFP MS, Taylor & Padgett Financial Group, LLC A family meeting is an excellent way to get the family together to discuss important issues, especially those that involve elderly parents. It is beneficial to help mom and dad decide where they want to live and how to manage their future health-care … Read More…
by Jason Rheinfelder, Independent Financial Advisor, DaVinci Wealth 1. Get Your Money Working for You It’s surprising how many people keep all of their savings in cash. Many people may be afraid of losses brought on by their lack of expertise. However, for most people, strong returns are a must if they are going to … Read More…