Articles filed under Finance
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Liz Weston: Why you don't want to be an executor
Feb 21, 2021 6:00 AM - At best, the process is time-consuming. At worst, it takes hundreds of hours, exposes you to lawsuits and thrusts you into the middle of family fights.
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Millennial Money: Turn your quarantine clutter into money
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Wealth management firm merges with HighPointFeb 18, 2021 1:59 PM - Professional Wealth Advisors LLC recently announced its merger with HighPoint Planning Partners LLC. Both firms are based in Downers Grove.
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Looming tax bill adding to your winter blues?
Feb 22, 2021 6:02 PM - This is the time of year when clients engage with us to discuss options for paying their April tax bills. Often, clients opt to use cash from their investment accounts or deplete cash reserves. But what if there was another way to pay the tax bill without disrupting an investment strategy? Borrowing to pay taxes may be a cost-effective way to meet tax obligations while keeping cash and investments intact for continued long-term growth. The advantages of borrowing are greater when there is a large, event-driven tax bill, such as a sizable nonrecurring capital gain from the sale of a business or the appreciation of such, as real estate or stock -- the sale of which could be subject to additional taxation. Some clients opt to set up an installment loan with the IRS or explore qualification for a personal loan with lower interest charges and fees. -
Discover recognized by empowerment groupFeb 17, 2021 4:49 PM - Discover's no fee Cashback Debit account has been certified by a group that works to connect people, who are currently outside of the mainstream banking system, with secure and low-cost bank accounts.
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Third stimulus check? What you need to know
Feb 17, 2021 11:04 AM - If you don't have to use your stimulus check for basic needs, here are some considerations that you should make. -
Tips for small business owners looking to make a strong recovery in 2021
Feb 17, 2021 11:03 AM - Bank of America's most recent Small Business Owner Report found entrepreneurs remained resilient, embracing flexibility as they navigate an evolving and uncertain business landscape. -
Liz Weston: What gig workers need to know about taxes
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Millennial Money: Get tough money tasks off your to-do list
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I stopped spending for a month, and you can too
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