3 Tips to Help Children Learn the Value of Money

Basic Non-Paid Chores, Paid Chores, and an Annual Goal Page. That pretty much sums up our chore system. What's yours?

Rolling Excess 529 Contributions into a Roth IRA

I want to gift some of the concentrated stock in my brokerage account to my adult child. I am tired of managing the stock and feeling like I need to stay on top of the earnings reports, news, etc. I would rather gift it to him and have the rest of my portfolio in low-cost, diversified positions. The stock has a very low basis and will incur a large amount of long-term capital gains upon selling. What are your thoughts?

More Privacy. More Control. Quicker distribution to beneficiaries.

If you inherit an IRA or Roth IRA from a non-spouse (such as a parent), the rules have changed. Here is what you need to know.

I am an advocate of talking about money with your children because then money won't become a taboo subject. Here are some tips to get you started.

My favorite college savings vehicle explained…

With schools and daycares closed or in limited operation due to covid-19, many are considering hiring a nanny to help with childcare and schooling. Unlike enrolling your child in a daycare center or summer camp, hiring a nanny opens up a Pandora’s box of legal and tax obligations. Here is a summary of what you need to know.

We just finished our initial call and you decide to move forward. This is what happens next.

529 Plans are still the best tool in your toolbox for college planning, but there have been some changes. Here is a quick re-cap.

Age 5 is a common age when parents start thinking about issuing an allowance to children. The goal with an allowance is to teach children about personal finance and delayed gratification.