The Price of Procrastination

This week’s blog is inspired by our political leadership since I can’t seem to go anywhere without being reminded of the ticking clock in Washington. Once again, by putting off a decision until the last possible minute, its impact on all of us will be much greater than it should have been. We all know that it’s easier to put off today what we can do tomorrow, but oftentimes we are simply taking a manageable situation and turning it into a crisis. If you look around, examples of this are not hard to find –… [read more]
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Why Do Americans Hate ‘the Rich?’

The on-going Congressional budget negotiations have highlighted a social class divide in the US that nobody likes to talk about. The President has repeatedly called for an end to the Bush era tax cuts, saying the rich need to contribute their fair share to cut the deficit. An article in last Wednesday’s Wall Street Journal highlighted the attitude of most Americans when it quoted a teacher saying, ‘There are so many wealthy at the top, if Washington needs more revenue, it shouldn’t come from people like me.’ But based on research by the Tax Policy [read more]
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Update from Washington

It was my hope this week to follow up my May blog on how changes in Social Security might impact you with an update on how the debt ceiling and budget agreement in Washington would do the same.
One small problem, I was relying on Washington to actually have a deal in place by today.  Serves me right, I suppose.  Here we sit Wednesday morning knowing just as little, if not less, than ever.  It’s still my humble opinion that some kind of deal will get done soon, but the details from there are anyone’s [read more]
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The 25 Documents You Need Before You Die

On July 20th, The Asset Advisory Group will be hosting an Estate Planning lunch and learn session with Jeff Albrinck of Rendigs, Fry, Kiely & Dennis, LLP.  The topics will range from the basics to Jeff’s take on the current state of estate tax legislation and how to plan for the future as laws continue to fluctuate with each election cycle.
In the meantime, the Wall Street Journal published an excellent article, “The 25 Documents You Need Before You Die”  which does an excellent job of prefacing Jeff’s presentation by breaking down the basic documentation… [read more]
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