Author - Claire Emory, MBA, CFA, CFP®

1
Estate Planning: What Same-Sex Couples Need to Know
2
Are Women Better Investors?
3
Retirement Planning Can Ease Anxiety
4
Children, Taxes, and Unearned Income
5
Why Not Save for Christmas in July?

Estate Planning: What Same-Sex Couples Need to Know

As a USA Today article explains, estate planning can be complicated for anyone but it can be especially intricate for same-sex couples. Some of the same issues that heterosexual couples face apply but there may be additional hurdles.

Married? One of the first things a same-sex couple needs to do is determine if they are married. If the individuals never married, that determination is simple. However, if they married in or move to a state where same-sex marriages were contested, things are not clear. USA Today consulted Joan M. Burda, attorney and author of Estate Planning for Same-Sex Couples. …

Read More

Are Women Better Investors?

Why women are better investors: study,” Reuters discusses a Fidelity investments survey and an academic study which found that women save more than men and that their investments also earn more. The survey found the savings and the investment advantage women have over men is 0.4 percent, adding “…the disparity at retirement age is anything but minor. For a 22-year-old starting out with a salary of $50,000 a year, a woman investor will outpace her male counterpart by more than $250,000.”

The article revisits the idea that people presume that men are better investors with women since less than …

Read More

Retirement Planning Can Ease Anxiety

Louise Nayer, author of Poised for Retirement: Moving From Anxiety to Zen, kept a diary right before she officially retiring and during the first few years of retirement and she used this, along with interviews and research, to write a book to help retirees.

Nayer told Forbes in an interview that she found whether people were well prepared or ill prepared for retirement, they were all worried about money.

In hindsight, Nayer considers some financial decisions her family made and says she might have done some things differently. She muses that her children may have been just …

Read More

Children, Taxes, and Unearned Income

There have been recent news stories about officials in different places shutting down lemonade stands and other business enterprises set up by children for various reasons, including permits, health code concerns, and taxation issues. We may assume that children are free from the same taxes that apply to adults but that is not so. Some children have income they earn and income that they get from investments and tax law treats these categories of income differently.

In “Generational Financial Planning Within the Kiddie Tax Limits,” writing for Forbes, David John Marrotta examines tax law as it applies …

Read More

Why Not Save for Christmas in July?

July 25, is known as Christmas in July. The retail calendar does not always match our own and people tend to remark when they see Halloween decorations in the summer or swimsuits on sail in the winter. And some retailers try to entice shoppers to spend more for Christmas in July. But rather than being enticed to spend, you could use Christmas in July as an opportunity to think ahead and save for the winter holidays.

While it is important to save for a general emergency fund, some people find it is easier to save with a specific goal in …

Read More

Copyright 2014 FiGuide.com   About Us   Contact Us   Our Advisors       Login