EXECUTIVE SUMMARY As we reflect on 2023, initial fears of a tumultuous year were unfounded. Instead, we saw an economy that not only held its ground but also demonstrated remarkable growth amidst moderating inflation rates. However, a slight uptick in inflation towards the end of the year suggests we should remain vigilant. This recent development … Continued
Just over half of Americans have life insurance in place—meaning the other half risk leaving their families unprotected in an emergency. Of the folks who do have life insurance, many purchase coverage through their employer. While an employer plan is better than no plan, this approach can create problems for both you and your loved … Continued
EXECUTIVE SUMMARY The 3rd Quarter is over and the end of the year is around the corner. It may or may not feel like the end of the year if you are a resident of California and still haven’t had to file and pay your taxes for 2022. If you are covered under the CA … Continued
Divorce is emotional. Which is why it’s good to have a team in place looking out for your best interests. That includes your finances. Generally, we recommend divorcing spouses each work with their own financial advisor, that way you know your advisor is looking out for your best interests throughout the process. The following steps … Continued
In the world of tax accounting, adapting to new deadlines is part of the game. This year, we’ve been on a marathon, with the IRS setting a new finish line at November 16th for California storm victims (source: IRS Newsroom). This recent change marks the third relay race of deadlines in 2022 alone, and it … Continued
Executive Summary Much of the focus in our last economic update remains in play today. The last three months have not brought much in the way of either increasing optimism or decreasing pessimism. The end of 2022 was a snuffed out Santa Claus rally providing a fitting ending to an otherwise unexciting year. For the … Continued
The situation between Russia and Ukraine is evolving rapidly. After gathering on the border with Ukraine, Russia has now started a broader invasion of the country. Initially Russian troops moved into disputed areas in the Donbas region, but Russian strikes in other parts of Ukraine are now underway. In addition to the obvious humanitarian concerns, … Continued