An estate plan can help create security for your family. or instance, a healthcare directive can help protect you if you get in a car accident and need medical care while unconscious. We look at what goes into an estate plan so you can better assess whether you need to create one.
For many Americans, the thought of taxes goes hand in hand with mild anxiety. That anxiety can lead people to lump everything tax related into one bucket
The lifetime exemption may be one of the most misunderstood provisions in U.S. tax code, and it presents a big opportunity in 2023.
Most of us will need some form of long-term care as we age—and long-term care is notoriously expensive. While wealthy families may not need to worry about the cost of care, failure to plan for these expenses can jeopardize a family’s long-term plan and legacy.
At Quorum, we believe truly comprehensive financial planning should involve multiple generations, and we can help you tee up the conversations to get everyone on the same page.
As you build wealth, real estate can be one of the most important assets in your portfolio.
Trusts (or trust funds) are one of those financial planning terms that starts to feel diluted over time. People have a general sense of what trusts are, but many would be hard pressed to define the specifics. Given how important trusts can be to a strong financial, estate, and tax plan, we want to spend some time getting into the details and specifics of trusts. We’ll cover what trusts are (and how they work) as well as common types of trusts and when you might consider using them.
When it comes to women and money, the financial services industry sometimes misses the mark. Certain assumptions—like the idea that women are more risk averse than men—can be circumstantial rather than inherent. To that end, I want to dedicate some time to the unique challenges women face when it comes to financial planning, plus strategies to face those hurdles head on.