The Financial Realities of Having Children for the LGBT Community
This is an excerpt from the WorthPointe e-book A Financial Planning Guide for the LGBT Community by Kermit Johns. This resource is provided as a complimentary resource to aid for the community. Can We Afford a Child (or Children)? While you may be over the moon about the possibility of a baby in the house, […]
Read ArticleEstate Planning in the World of Marriage Equality
This is an excerpt from the WorthPointe e-book A Financial Planning Guide for the LGBT Community by Kermit Johns. This resource is provided as a complimentary resource to aid for the community. For the many couples who could not marry prior to marriage equality, estate planning was vitally important to gain some of the protections […]
Read ArticleA Short Guide to Homeowner’s Insurance
This is an excerpt from the WorthPointe e-book A Financial Planning Guide for the LGBT Community by Kermit Johns. This resource is provided as a complimentary resource to aid for the community. Homeowner’s Insurance A common notion when shopping for insurance is that as long as the coverage limits match, a policy or quote comparison […]
Read ArticleMarriage & Mortgages for LGBT Couples
This is an excerpt from the WorthPointe e-book A Financial Planning Guide for the LGBT Community by Kermit Johns. This resource is provided as a complimentary resource to aid for the community. One of the biggest investments most couples make will be a home purchase. Sure, it’s the place you’ll live and share your lives […]
Read ArticleReal Estate for LGBT Couples
This is an excerpt from the WorthPointe e-book A Financial Planning Guide for the LGBT Community by Kermit Johns. This resource is provided as a complimentary resource to aid for the community. For most couples, buying a home is the largest single financial investment they will make. Choosing a real estate professional who’s knowledgeable and […]
Read ArticleTax Considerations Before and After Marriage
This is an excerpt from the WorthPointe e-book A Financial Planning Guide for the LGBT Community by Kermit Johns. This resource is provided as a complimentary resource to aid for the community. Before getting married — remembering your status for federal tax return filing depends on your marriage status on December 31 you should determine […]
Read ArticleFinancially Navigating a Cross-Border Life
As a full-service wealth management advisory firm, WorthPointe advisors weigh in on issues like the ones noted in this article during the planning process. Those who have these one-off challenges would be better served to speak with a local tax lawyer to gain the required advice. As a U.S. citizen married to a non-citizen, or […]
Read ArticleHurricane Harvey Retirement Plan Loan Relief
The IRS has just announced some relief for certain verification procedures for those needing to take hardship loans and distributions from their qualified retirement plans due to Hurricane Harvey. In IRS Announcement 2017-11, the IRS lays out the rationale and stipulations of the relief. There are specific restraints on what can normally be deemed a […]
Read ArticleMarket Commentary: A Republican Crackup and the Stock Market
There was no shortage of angst in the investment community that a Donald Trump victory in last year’s election would send shares down sharply, at least in the immediate aftermath of a Trump win. In reality, just the opposite happened, with stocks surging in the wake of his surprise victory. The pre-election day conventional wisdom […]
Read ArticleHow are you celebrating National Health Care Decision Day?
How are you celebrating National Health Care Decision Day? I doubt you are going to celebrate National Health Care Decision day with cake and balloons. However, it would be a great day to finally get your financial documents in order in case you have a healthcare crisis. The theme of NHCD day this year is […]
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