I just recently discovered the new York Times Series titled, Financial Tuneup whereby author Ron Lieber attempts To tackle the never-ending, ever-multiplying list of undone money tasks in your life, he came up with the idea of taking a fiscal health day — a single day to tuneup your personal finances, during business hours. I…
As I have talked about I have a small trusts and estate law practice (read: really small, just a handful of clients) as a sort of side business to supplement, not supplant, my day job. When I met with one of my first clients I told him the fee for his Will and Ancillary Documents,…
Have you dreamed of making money while you sleep? Did you even know that this is a possibility? The concept is called passive income and it plays a major role in obtaining financial freedom and wealth creation. What is Passive Income? The basic principle behind passive income is to make money while you are not…
Annuities are easy to understand. I already introduced the simple single premium annuity but like most things in life it gets a little bit more sophisticated. Notice that I say sophisticated not complicated; Deferred Annuities are easy if you look at them the way I do! There are zealots on both sides of Deferred annuities, I…
Understanding Annuities makes it easier for you to make an informed decision rather than just listening to an advisor or worse a talking head on television. Annuities often bring up strong emotions when they really shouldn’t, it is nothing more than a financial product often issued by insurance companies. The definition of an annuity is…
Freedom. I got a reminder/wake up call tonight about why I want multiple streams of income, and it is simple it is freedom to do what I want and when I want (within reason, of course). I have mentioned in the past, that in addition to my job I also practice law, it is mainly…
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