Alice in Financeland

My client, Alice, came in for her semi-annual review meeting recently and said (as many clients do), “I don’t like paying taxes.” Good news: You only pay taxes when you’ve made money. But that does not mean you should not try to minimize your taxes as much as possible. In Alice’s case, she was transitioning…

Planning for the Fiscal Cliff: Advice from the Wealth Managers

The 2012 election is over, and Americans find themselves in an unsure financial environment. The country is heading toward a “fiscal cliff” — a series of significant tax increases and automatic spending cuts that will be triggered at the end of the year. Congress and the President are negotiating a compromise solution to prevent that, but no one knows what it will involve, or if they’ll be successful at all.