Articles

Prudent Investor Rule

You can do whatever you want with your money and assets but when charged with caring for another person’s money and assets, a body of law provides guidance on how you should proceed. Enter the Prudent Investor Rule. I am not talking about financial planners and wealth management companies, though both are ostensibly charged with caring for a person’s money. I am talking about those in positions of power with the direct authority to manage assets independent of the person [...]

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Midyear Outlook 2018

                  The LPL Research Midyear Outlook 2018: The Plot Thickens presents guidance on how the return of the business cycle may unfold during the remainder of 2018 and beyond, along with the investment insights to help investors navigate the twists and turns. View the complete publication, featuring insightful commentary, as well as economic and market guidance for 2018 and beyond: Midyear Outlook 2018

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What Rising Rates Could Mean for Your Money

After years of keeping the benchmark federal funds rate at historic lows, the Federal Reserve has been raising it gradually. Near-zero rates were an emergency measure, and gradual increases reflect greater confidence in the U.S. economy. However, rising rates can affect you as a consumer and investor. Read How Rising Rates Could Mean for Your Money  

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New Medicare Cards Are Coming

If you receive Medicare, you will be getting a new Medicare card in the mail. To help prevent fraud and fight identity theft, Medicare is removing Social Security Numbers from Medicare cards. Your new card will have a new Medicare Number that’s unique to you. When are new cards being mailed? Medicare will be mailing new red, white, and blue paper Medicare cards between April 2018 and April 2019. Card mailings will be staggered, so the timing will depend on your geographical location. Newly eligible [...]

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Financial Basics for Millennials

With age comes responsibility, so if you are (or you know someone who is) a young adult in your 20s or 30s, chances are you’ve been introduced to the realities of adulthood. While you’re excited by all the opportunities life has to offer, you’re also aware of your emerging financial responsibility. In the financial realm, the millennial generation (young adults born between 1981 and 1997) faces a unique set of challenges, including a competitive job market and significant student loan [...]

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Simplifying Life and Administration after Life

Simplifying Life and Administration after Life Above all else, two issues impact the complexity and time and cost of the administration of a person’s estate more than the rest: the assets and the heirs. One of the keys from a planning perspective is to determine how best to position yourself to limit the complexity caused by those two issues. It is likely your estate will require some kind of administration. After a person dies, they own stuff. And necessarily, that stuff needs [...]

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Charitable Giving Options

Many of us find value in contributing our hard-earned cash or assets to support the organizations or causes that inspire us. This article explores your options for charitable giving. The simplest way to provide a gift is to write a check or gift cash. But, why engage in such a simple transaction when there are far more effective techniques that can provide the donor with compounding benefits, especially when it makes little or no difference to the receiving organization? When we [...]

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Protect Against the “Attractive Nuisance”

If you’ve ever driven past an abandoned house with rusted play equipment in plain sight and thought that it looked like a dangerous trap for unwary children, then you intuitively know about the concept of an “attractive nuisance.” Land owners owe a duty to those that come on the land. The level of “duty” owed to a person on your property usually depends on the status of the guest. And, that level of duty effects the potential liability of [...]

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Reconsider Adding Children to Your Bank Account

You’ve likely heard the conventional wisdom many times. Your friends or family or even at times the bank teller will counsel you that you should add your child to your bank account. Perhaps it’s a checking account or a savings account or both. The advice goes something like “If you want your children to have access to your money to be able to pay your bills should something happen to you, then you need to add them to your [...]

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LPL Research Outlook 2018

The LPL Research Outlook 2018: Return of the Business Cycle highlights the opportunities and potential challenges that may lie ahead for market participants as we get back to the traditional drivers that we’d expect to push the economy and markets forward. View the complete publication, featuring insightful commentary, as well as economic and market guidance for 2018.

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