Category: Our Commentary

Congress Provides Aid to Small Business Owners

The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) was passed by Congress and signed by President Trump on March 27 and is the most significant economic aid package of our lifetime…amounting to over $2 trillion. It provides a variety of financial relief to individuals, small business owners, and large corporations. $350 billion is […]

Think Small To Save Big!

Under intense pressure, it’s easy to find yourself paralyzed and unable to complete even the simplest of tasks! The mind is a powerful tool and can be either your best friend or your worst enemy. As we grow old, our ability to deal with pressure improves, but life has a way of humbling and forcing […]

Are You Missing This Tax-Saving Opportunity?

I received a question from a lady regarding her 87-year-old mother-in-law asking if she qualified for a property tax exemption? OUCH! Her mother-in-law has missed the opportunity to save perhaps hundreds or thousands of dollars over the past twenty-two years. Here’s an excerpt taken directly from the State of Alabama web site: I AM OVER […]

Mortgage Rates: Near All-Time Lows

If you’ve had a mortgage on your home for a while, no doubt you’ve refinanced at least once. All the craziness that is going on in the financial markets has created yet another opportunity. Last week, mortgage rates dropped to an all-time low of 3.29% for a 30-year loan. Rates are down a bit this […]

Financial Lessons from the Coronavirus!

Over the past few weeks, the global impact of the coronavirus on health and economics has taken center stage.  Investors all over the world are concerned about the unusual downside market volatility as uncertainty surrounding the virus continues.  When it comes to financial markets, many investors focus only on the upside potential of markets and […]

Do You Need a Trust in Your Will?

The good news is you have a will that outlines what happens to your stuff at your death.  One question that people often overlook is, “Do I need a trust” for a portion or all my assets?  Most wills don’t include trusts and leave assets outright to a spouse or children.  But in many cases, […]

Who Should Be Your Executor?

We were recently involved in helping clients work through the estate settlement for their father.  The estate was sizable, but the diversity of assets was both small and not complex…investment accounts, home, personal property.  The father’s will provided straight-forward instructions so you’d assume this would be an easy task.  It wasn’t. Over the past forty-plus […]

Your Emergency Cash Reserve

Why You Need It One of the few certainties in life is uncertainty itself.  When it comes to your personal finances, it is critical to build and maintain a ready cash reserve that can be used to address the inevitable, unexpected expenses that all of us encounter.  Who can predict the timing of significant family […]

It’s Time to Check Your Social Security Record

When I ask someone, “What is the single largest asset you own?”, what do you think the most common response is?  If you said, “My house,” you’d be correct even though that’s not the right answer for many families. Philip Wilson, in his excellent book, “Maximize Your Social Security,” states that your decision when to […]

Tax Season Scams on the Rise


April 15th seems far away, but scammers are working overtime to beat you to the tax filing deadline so they can steal your money.  One of the new reported trends involves ransomware attacks on tax preparers.  They force tax preparers to pay a fee to ‘release’ their files then use the stolen client information to […]