What Is Financial Self-Care Financial self-care means to invest time on your personal financial situation. This means to have a closer look at how you make money, spend money and how you think and feel about money. Men and women seem to differ in the time they spend on financial self-care. Women naturally seem to …
Teaching your grandkids about money can be more valuable than leaving them with an inheritance that they don’t know how to handle. Even professional family offices have made financial education of the next generation to one of their top priorities. Financial Literacy Stats of Young Americans According to Greenlight “74% of teens reported that they don’t …
Annual financial planning for retirees is the key instrument to get an overview on what you have and haven’t accomplished financially. This is especially important when life changing events happen like divorce, death of a spouse or retirement. Another occasion is when you plan to transfer wealth to the next generation. What Is an Annual …
Are you thinking of setting up a power of attorney in Florida? Here are 15 things you should know. 1. What Is a Power of Attorney and Why Is It Important? A power of attorney is a legal document authorizing an individual to act as your representative. What are Some Uses of a Power of …
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Family offices are private wealth management advisory firms. They serve ultra-high-net-worth individuals and their families. There are single family offices that only serve one family and multi-family offices. What is The Main Goal of Family Offices? The main goal of family offices is to grow wealth and transfer it across generations. Where Do I Find …
Trust Companies in Florida benefit from the fact that Florida has no separate estate tax. What Is A Trust Company? A trust company is a separate corporate entity that has the purpose to manage trusts, trust funds and estates for others. Another name is corporate trustee. These institutions are commonly owned by a bank or …
Cathie Wood`s quotes are a true inspiration for daily life. The reason is that Wood`s futuristic vision of life introduces us to a complete new world and therefore offers us new opportunities. For example her investment in teladoc emphasizes the fact that we can get 24/7 care from home. This is definitely huge progress as …
Kamala Harris will be remembered as the country’s first woman Vice President—and as the first Black and Indian-American person to hold the position. But what is the financial aspect of this extraordinary career? Here is how we know her net worth. In spring of 2019, as a presidential candidate, she became famous for being the …
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