- Wyoming Inheritance Laws: What You Should Know
Wyoming does not have a state inheritance tax or estate tax. However, the state has laws concerning intestate succession, probate, taxes, what makes a will valid and more. If you want professional guidance for your estate planning, or if you need… read more…
- Inheritance Laws in Wisconsin
Wisconsin does not have a state inheritance or estate tax. However, like every other state, Wisconsin has its own inheritance laws, including what happens if the decedent dies without a valid will. We’ll discuss what Wisconsin has to say about that… read more…
- Vermont Inheritance Laws: What You Should Know
Vermont has no inheritance tax but it does have its own estate tax. In this article, we go into detail about that tax, and break down the state’s other inheritance laws: what happens if you die in the state without a valid… read more…
- Futures vs. Options: What’s the Difference?
Did you know that it’s possible to earn a profit in the stock market even when share prices are falling, or in the commodities market when prices drop? Typically, we think of the classic “buy low, sell high” strategy, but you can reverse this approach and still achieve gains. Two popular methods for profiting in… read more…
- Value vs. Growth Stocks: What’s the Difference?
Investing in the stock market can help you build wealth, but deciding what types of stocks to invest in can be challenging. For example, you may be deciding between value and growth stocks and weighing how each of these two styles… read more…
- How to Prepare Your Finances for a Recession
In times of economic uncertainty, understanding how to prepare for a recession can provide a sense of stability and control over your financial future. A recession, characterized by a decline in economic activity, can impact jobs, investments, and overall financial well-being. By taking proactive steps, such as reviewing your budget, building an emergency fund, and… read more…
- How to Retire in the Caribbean: Costs, Visas and More
The Caribbean offers a sunny oasis for retirees. With the laid-back lifestyle, affordable healthcare, and tax incentives, retirees are drawn to the Caribbean islands. But before you throw your winter clothes away and spend your golden years under a palm… read more…
- 8 Things You Can Do to Navigate a Recession
Navigating a recession requires an intelligent, fleet-footed strategy to safeguard your money and protect your financial future amid the downturn and uncertainty. Truth be told, no one, including the experts, knows how any economic slowdown will turn out in the… read more…
- An Introduction to Options Trading
An option contract is a versatile financial instrument classified as a “derivative.” By purchasing an option contract, you gain the right – but not the obligation – to buy or sell an underlying asset under specific terms. These terms include a predetermined price (known as the strike price) and a set expiration date. As the… read more…
- How to Retire in Nicaragua: Costs, Visas and More
Nicaragua is a small country in Central America that has coasts on both the Pacific Oceans and the Caribbean. The country also boasts mountainous regions and the largest lake in Central America, so the climate and abundance of outdoor activities… read more…
- What Do Asset Management Services Include?
When managing your portfolio and growing wealth, many investors turn to a financial professional for help. Often this means finding a financial advisor who offers asset management services. Asset management can cover a wide range of services to help you achieve… read more…
- How to Retire in Malta: Costs, Visas and More
Malta is a small five-island archipelago 100 miles south of Sicily, Italy. This Mediterranean nation and European Union member offers spectacular cities and crystal-clear waters. It’s no wonder retirees are flocking to this destination. But before you move thousands of… read more…
- How to Start a Business in Wisconsin
Thinking of starting a business in Wisconsin? The Badger State has a highly rated education system but a relatively heavy burden of regulation compared to other states. The combination makes it an enticing but challenging place to start a business. If… read more…
- How to Start a Business in Ohio
A decade ago Ohio ranked below average on many lists of state business climates. In recent years, however, the Buckeye State has risen considerably in such rankings. Still, Ohio has its share of unique regulatory, tax and other requirements for… read more…
- Understanding the USMCA, the New NAFTA
NAFTA is dead. Long live NAFTA! In 2018 and 2019, the Trump administration announced that it had signed a renegotiated version of the North American Free Trade Agreement. The administration tried to rebrand the deal, the USMCA, and claim credit.… read more…
- Venture Capital: What It Is, How to Invest, Pros and Cons
When startups need funding, venture capital is one option they might consider. Getting funding from a VC firm can offer certain advantages to new businesses that may not be able to get approved for traditional loans. Thanks to the rise… read more…
- How a Grantor Trust Works
Trusts can be a useful estate planning tool for creating and maintaining wealth for future generations. They can offer legal protections against creditors, while simultaneously managing assets according to your wishes. They may also enjoy certain tax advantages, further extending… read more…
- What the Great Wealth Transfer Means For the Economy
The Great Wealth Transfer is coming. More than 10,000 baby boomers are turning 65 every day, and over the next 20 to 30 years trillions of dollars’ worth of wealth will transfer to their children. It will cause some changes… read more…
- Corrections vs. Recessions vs. Depressions
The 2020 stock market posted some of its biggest losses and gains since the Great Recession, taking investors on both a terrifying and thrilling roller coaster ride in middle of a global pandemic. One day stocks posted their biggest one-day loss since… read more…
- Guide to South Dakota Inheritance Laws
South Dakota does not levy either an estate tax or an inheritance tax. However, there are other South Dakota inheritance laws of which residents should be aware, including rules governing intestate succession, probate, what makes a will valid and more. If you… read more…
- Guide to North Dakota Inheritance Laws
North Dakota does not levy an estate tax or an inheritance tax. But North Dakota has other inheritance laws of which you should be aware, including rules concerning intestate succession, probate, taxes, what makes a will valid and more. If you… read more…
- Kansas Inheritance Laws: What You Should Know
Kansas does not have an estate tax or inheritance tax, but there are other state inheritance laws of which you should be aware. In this detailed guide of the inheritance laws in the Sunflower State, we break down intestate succession, probate, taxes, what makes a will valid and more. If you want professional guidance for your estate plan, SmartAsset’s… read more…
- Iowa Inheritance Laws: What You Should Know
Iowa does not levy its own estate tax or inheritance tax. In this article, we’ll break down Iowa’s inheritance laws, including the probate process, what happens if you die without a valid will and where you may stand if you’re not part of the decedent’s immediate family. If you want professional guidance for estate planning, SmartAsset’s… read more…
- Where Retirees Are Moving – 2020 Edition
In 2018, roughly 930,000 people ages 60 and older moved across state lines, an increase of about 16% from five years earlier. Whatever reasons factor into their decisions, whether financial or personal, retirees must thoroughly consider the implications of moving, such as different tax rates and housing costs in new locales. That’s why speaking to… read more…
- How to Read and Use Morningstar Ratings
Morningstar ratings are a system for evaluating the strength of an investment based on how it has performed in the past. On a scale of one to five stars, a Morningstar rating measures investments based on backward-looking data. The more… read more…