Do you recognize the 4 early warning signs of personal financial doom?
You have been doing well for yourself. You have made good money and accumulated a reasonable degree of personal wealth. But, in your gut, you fear you could lose it all. You could wind up in poverty. What would it be like to wake up one morning and find you are losing your business and […]
Read ArticleFour options for who you should name as trustee
You are thinking seriously about getting your estate planning done. You need to create a trust. You are in a quandary about who you should name as successor trustee. Read on and I will help you think through a few points about who you should name as successor trustee. What Are a Trustee’s Duties? Many […]
Read ArticleGod Owns it All
“Its mine, I worked hard to earn it and it is mine! Don’t tell me how to handle it!” That’s how I used to think. But then, I had an epiphany. Its not mine after all. What I truly believe about the world deeply affects how I relate to the world. That could not be […]
Read ArticleA Trustee’s Fiduciary Duties
I believe the majority of trusts are managed by family members rather than professional trustee or fiduciaries. That is hard to prove since trusts are private documents, but my near 30 years of experience working with trustees makes me believe that is the case. Having family members act as trustee saves money over the cost […]
Read ArticleInvesting: A Matter of Faith
Investing, in the final analysis, is a matter of faith. This, I think, is an important fundamental to understand. I am not writing of “blind faith.” Nor, necessarily, religious faith. It is my conviction that there is no such thing as blind faith. If a person acts blindly, it is not out of faith; it […]
Read ArticleWealth Transfer: Inheriting Retirement Accounts
If you inherit a big Individual Retirement Account, you have to be a little bit more careful about what you do with the money than with non-retirement money. That is because the money you take out is taxable and it is possible that this extra money, which is added right on top of your existing […]
Read ArticleFinding a Way to Build Wealth in San Diego
When Bankrate came out last October with their best and worst cities to build wealth, while Houston residents felt proud, San Diego was hit hard. Local news outlets followed up with their own analysis and seemed to agree that while San Diego may attract the wealthy, wealth does not get built here. Bankrate used the […]
Read ArticleSan Diego Beaches: Does the beauty outweigh the cost?
While many may associate Los Angeles as the iconic city of California living, nothing quite compares to the beach lifestyle of San Diego County. The search term, “San Diego beaches” alone receives an average of 2,900 searches a month. From family-centered beaches like Moonlight Beach in Encinitas to coveted local surf spots like Trestles and […]
Read ArticleWhat is a CERTIFIED FINANCIAL PLANNER™ Professional?
What is a CERTIFIED FINANCIAL PLANNER™ professional? The CERTIFIED FINANCIAL PLANNER™ professional certification is the only financial planning certification that requires financial planners to put the needs of their clients ahead of their own. Financial planners who earn the CFP® certification meet rigorous standards of professionalism and ethics, and are required to uphold the values […]
Read ArticleWorthPointe’s Allison Blake Is Named A Finalist in the Women Who Mean Business Awards
WorthPointe Chief Operations Officer, Allison Blake is a finalist in the San Diego Business Journal’s Women Who Mean Business Awards. This event recognizes dynamic women business leaders and role models who have contributed significantly to San Diego’s businesses. Allison is a driving force behind much of WorthPointe’s business. Her hard work ensures that our financial […]
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