Everybody wants to teach their kids the most important and valuable things in life.  Money management is an essential life skill that is important at all ages.  Whether you are a child or well into your retirement, there are important money skills that you can develop along the way to help you achieve financial success.

The turning of the calendar from April to May marks approximately 480 calendar days from the S&P 500’s previous high.  During this time, stocks have lived in bear market territory for more than half of those days. To add insult to injury, bonds suffered a similar fate as the Federal Reserve has waged a monetary policy war against inflation.

From time to time, we get calls from clients asking about trusts and if they should be incorporated into a financial plan.  While these vehicles can be a sophisticated tool for transferring assets, they can come with high costs and added complexity.