My move back home to Boston in 2019 not only marked the beginning of my financial advisor role at Modera, but also the start of evening law school. Some wondered why I would ever take on the dual endeavor. Some wondered if I would be departing Modera and financial planning once my J.D. was in hand and the bar exam in the rearview mirror. But most people simply asked, “So why law school?” Short answer: Because I am a process-oriented nerd with an affinity for economics, and tax and estate planning. For the longer version, read on….
When it comes to car shopping, it can be very stressful deciding whether to lease or buy a car. As someone who recently purchased a new car, the whole process can be nerve-wracking if you do not engage in due diligence with your research. Car shoppers are constantly bombarded with different dealership incentives pressuring you to make a quick decision while on the lot. The truth, there’s not a simple answer when it comes down to buying vs leasing. The decision depends on both your personal and financial situation. Below are some points to ponder as you consider whether to buy or lease your next car.
There are several issues that should be addressed quickly whether your expected windfall is from an inheritance, a business sale, a large bonus, or winning the lottery. Below, we share five crucial steps:
John makes a good living as an anesthesiologist, earning more than $300,000 a year. His wages are the main source of income for his family of five.
I recently downsized from a larger home in a New Jersey suburb to smaller quarters closer to Manhattan. Anecdotally, I noticed many times in my former neighborhood that on the same day families would post “Congrats to the Graduate!” yard signs, “For Sale” signs would often appear right next to them. My wife and I had been thinking about downsizing for years to eliminate the burden of property maintenance and simplify our living situation, but the task itself was a bit daunting.
Whether you file your own tax returns or hire a tax preparer, it is a great sense of relief when your returns are filed, and you can check that off your list. But in financial planning, we say not so fast! We like to think of our clients’ income tax return as a vital part of your financial planning portrait.
Most clients do not expect to have an in-depth discussion about disability insurance with their wealth management advisor.
