By Mark Stinson | June 2015
In the U.S., most people donate time, talent, and money out of the goodness of their heart. To encourage donations, the federal, state, and local governments provide tax deductions for contributions to qualified charities and nonprofits.
By Mary Thompson | June 2015
If you are a sole proprietor or small business owner with only a few employees, you may be missing out on a great opportunity to achieve two important goals: mitigating your income tax liability and increasing your retirement savings.
By | April 2015
It can happen gradually or overnight, but sooner or later most adult children must coordinate care for one or both parents, a situation that puts tremendous strain on sibling relationships. The best outcomes come when family conversations are held well in advance, ideally by the time parents are in their early 70s.
By J. Michael Martin | February 2015
Broadly speaking, both stocks and bonds are quite expensive by most historical metrics: they are valued at the high end of the range that they enjoyed when expectations for economic growth were twice our current reality.
By J. Michael Martin | January 2015
Investment disciplines have a lot in common with weather forecasting. Both are a mixture of art and science. Both try to anticipate future developments completely beyond their control. And professionals in both fields are closely observed by millions of people who make plans based on their prognostications.
By Lyn A. Dippel, JD, CFP® | November 2014
Traditionally, men have taken responsibility for managing and achieving the family's long-term financial goals. As a result, many women grew up looking to fathers, brothers and husbands for guidance. But men's and women's goals tend to differ when it comes to money.
By Washingtonian Magazine | November 2014
Lyn A. Dippel, JD, CFP®, President and CEO of FAI Wealth Management, has been recognized as one of Washingtonian’s Top Money Advisors in the November issue.
By Lyn A. Dippel, JD, CFP® | September 2014
When I was young, I was taught to avoid debt and pay off my loans as soon as possible. While this advice is true in many cases, there are times when debt can make good financial sense. Home equity loans are a perfect example.