Independent Financial Services | Blogs
How Florida’s No State Income Tax Policy Affects Your Financial Planning
Imagine getting your paycheck and keeping every dollar – at least from the state tax collector. That's the reality for Floridians, who enjoy one of the most distinct financial advantages in the country: no state income tax. This policy is a...
Q: What should investors consider when exploring franchise ownership?
A: Franchising can be a rewarding path to business ownership, offering a balance between starting from scratch and buying an established business. It provides access to a proven model, brand recognition, and operational support, which can...
The Future of Financial Planning: Embracing Technology and Innovation
In an era where artificial intelligence manages our smart homes and self-driving cars navigate our streets, the landscape of financial planning stands at a fascinating crossroads. Technology has transformed how we interact with money. from...
I’m retired. How can I keep my savings working for me?
Q: I’m retired. How can I keep my savings working for me? A: You’ve spent many years saving in preparation for retirement. Now that you’ve arrived, there are still decisions to be made regarding how to turn your retirement savings into retirement...
Navigating Divorce: Financial Considerations and Planning
The end of a marriage marks more than just an emotional transition - it represents a complete restructuring of your financial world. Like a house undergoing renovation, divorce requires careful dismantling of joint finances before you can begin...
What’s the single most important mistake investors make during an election year?
Q: What's the single most important mistake investors make during an election year? A: Before answering that question, it’s critical to keep one thought in mind: According to Capital Group/American Funds, “Over the long term, going as far back as...
Financial Planning for Single Parents: Key Considerations
Being a single parent is like being a skilled acrobat, constantly balancing multiple responsibilities while keeping a steady eye on the path ahead. Your daily juggling act includes not just parenting duties and career demands, but also the weighty...
I’m a single parent. Do you have any financial tips?
A: Review this checklist to help make sure you’re on the right track. Set up a budget and recalibrate as necessary. The most important part of managing a budget is to check in with yourself at regular intervals to adjust what’s not working. Build...
Tax Planning Tips for High-Income Earners
Think of your income as a flowing river. While most people deal with a steady stream, high-income earners navigate powerful rapids that can either erode their wealth through taxation or, with proper channeling, flow efficiently toward their...
I’m interested in keeping my home within the family. What are some things to consider?
A: Start by speaking with your closest loved ones about your family history, values and plans. Some clear questions will need to be asked and answered: First and foremost, are your heirs interested in owning and operating your family home? Are they...
