4 Year Anniversary!

It was a VERY hot day on June 14, 2008 when I married the love of my life.  It amazes me to write this post, but the Wife and I got married 4 years ago today.  What amazes me is not the fact that we have lasted 4 years together, but rather how much we…Continue Reading

An Estate Distribution Schedule That I Just Don’t Understand

Today, I was reminded of an Estate Distribution schedule not often found in Last Will and Testaments or Revocable Trusts, but enough to make me question why it would ever be included.  Part of my daily activities at my office is reviewing clients’ and potential clients’ estate planning documents.  Sometimes this includes just a 2…Continue Reading

Energized and Focused

Last weekend The Wife and I went away for the first time without the boy and it allowed me to refocus on some goals and the reason for those goals.  Despite growing up and even going to school on Long Island I had never been to Montauk so when The Wife suggested it I jumped…Continue Reading

What is a Grantor Retained Annuity Trust and What Does it Have to do With Facebook?

I am a little late to the story, but I was shocked to learn that a few of the Facebook founders used an estate planning technique known as a Grantor Retained Annuity Trust (GRAT) to help their future heirs save on estate taxes. It is very long term planning considering those mentioned in the article…Continue Reading

Does Ethnicity Play a Part in How You View Retirement Accounts?

Vanguard recently released a very interesting study titled, “Diversity and Defined Contributions plans: Loans and hardship withdrawals” which looked at the loan rates according to ethnicity across 7 defined contributions plans.  The sample size was almost 250,000 and was made up of active participants.  I don’t remember my 401(k) asking me my race/ethnicity, but apparently…Continue Reading

June 2012 Net Worth Update My First Negative Month! and a Housing Update

I have been tracking my Net worth since January 2011 and while it took a long time the inevitable has finally happened my net worth dropped month over month!  I am pretty pissed since I did everything right this month.  I put my standard amount into cash savings , paid off the standard amount of…Continue Reading