Author Archives: Pat Phillips

How Dependent Is Your Wealth on Your Company’s Stock Value?

It can be tempting to hold onto your equity well beyond its vesting date in anticipation of the value increasing, but every company has its own life path and the most profitable companies of today won’t necessarily be the most profitable companies of tomorrow. The optimal move is often a consistent approach down the middle.

Financial Well-being: 12 Tips for Young Adults & Their Parents

1. Put in place an advance health care directive (AHCD) when you reach the age of majority For any adult experiencing a medical crisis or even non-critical need, not having an advance health care directive in place could cause stressful, nightmarish issues for the patient and their loved ones. Due to the HIPAA Privacy Rule,

Thinking of a Second Home? Here Are Some Key Considerations

Read the first post in this series: Should I Upgrade My Existing Home or Buy A New One? Here Are Some Key Considerations. If you are considering purchasing your first home, read: Tips for First-Time Home-Buyers. For many individuals and families, owning a second home is a common goal. Some are enticed by the idea of

Should I Upgrade My Existing Home or Buy A New One? Here Are Some Key Considerations

In this blog, the first of a two-part series on real estate, I will highlight common concerns and considerations when deciding to either remodel/rebuild a home or trade up to a home that better fits your needs.

2021 Year-End Charitable Giving Guide

For year-end charitable giving, you may want to consider the strategies and opportunities summarized below. The opportunities may help improve your tax benefits and impact of your charitable dollars. Please note this list is not extensive. We encourage you to consult with your tax and/or financial advisor regarding your personal situation.

Tips for First-Time Homebuyers

Many Americans are choosing to relocate right now, with the boom of work-from-home culture making it more feasible. Professionals who were once tied to office buildings in expensive cities now might have the option to move wherever they desire—around the corner or across the country—without leaving their jobs. Many are migrating to more affordable areas

Charitable Contributions and How To Take Them Further In 2020

While it may feel uncomfortable to make significant contributions during so much economic turbulence, now is a time when many individuals and nonprofits could use help the most. From COVID-19 relief to supporting social and local community issues, there are so many important causes to get behind in 2020 if you have the means.