by Ramdas | Oct 22, 2021 | Financial Planning, Individuals Articles, insurance, Tax Articles
When It Rains, It Pours – Umbrella Policy Umbrella insurance is an insurance policy that can provide additional coverage to your existing homeowners, auto, boat, landlord, and professional liability policies. An umbrella policy can provide coverage when an existing...
by Ramdas | Oct 12, 2021 | Financial Planning, Individuals Articles, Tax Articles, Withholding
Taxes are complicated, but you’re in the right place when it comes to navigating your unique tax situation. Below are some common misconceptions for individual taxes: “I filed an extension so I don’t have to pay by April 15” – A properly filed extension gives you an...
by Ramdas | Sep 24, 2021 | Financial Planning, Individuals Articles, Tax Articles
We have all heard the saying in marriage that “what’s yours is mine”, but is that true from a legal standpoint? Texas is one of nine states in the United States that has community property laws. Many people believe that in a community property state, once you are...
by Ramdas | Aug 20, 2021 | Financial Planning, Individuals Articles, Retiring
When it comes to retirement planning an IRA (Individual Retirement Account) adds value to your nest egg. When strategizing an IRA, there are different options to choose from, along with different tax consequences when you contribute and withdraw the funds. Below...
by Ramdas | Jul 23, 2021 | Financial Planning, Individuals Articles, Retiring, Tax Articles
Let’s face it – each of us is going to die one day and we need to plan for the inevitable. Many of us currently do have an inadequate amount of life insurance coverage. Below are five very good reasons to obtain appropriate life insurance coverage: Life insurance...
by Ramdas | Oct 22, 2019 | Financial Planning, Individuals Articles, Retiring, Tax Articles
https://www.cnbc.com/2019/10/20/what-you-need-to-know-about-required-minimum-distributions-this-year.html If you’re 70½ or older, or inherited a retirement account, you need to take your required minimum distribution by Dec. 31. Now is the time to get organized and...
