Financial Articles

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Preserving Family Relationships while Preserving Family Wealth

March 25, 2019

Families usually want to preserve the wealth that they have accumulated and do what they can to ensure it will be used wisely. Sometimes that focus can overwhelm efforts to achieve another important goal: preserving family relationships. We rarely hear about successful family estate and wealth planning; the horror stories of famous, fabulously wealthy families, though, are told, retold, dissected, and held up as cautionary tales. Here are a few ideas families can consider to help keep the peace.

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Estate Planning for the Digital Age

March 25, 2019

What will happen to your Facebook account when you die? What about all your photos shared on social media, your texts with loved ones, or documents on cloud-storage systems? In just the two-year period from 2012 to 2014, humans produced more data than in all of human civilization before that – and the pace is only accelerating.

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Six Tips for Wealth & Sanity

August 7, 2018

Investing can be stressful, but it doesn’t have to be. If you have a portfolio that was built for you and use the help of a financial advisor, you shouldn’t be too worried about volatility and financial news.

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Top Dog: An Estate Planning "Tail"

August 7, 2018

Would you disinherit your grandchildren and leave an obscene amount of money in a trust fund for your pet? If you were billionaire Leona Helmsley, that is exactly what you would do. Yes, in 2007 Americans learned in amazement that Helmsley’s will left $12 million in trust for her white Maltese canine companion, Trouble, while leaving nothing to her grandchildren. Astonishment aside, that gesture sent a message to the public that reinforced a commonly-held belief: estate planning is for the super wealthy, the iconoclastic elite, and the entitled.

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Value Investing and Today’s Affluent Portfolio

August 7, 2018

Every consumer likes a good bargain, particularly value investors, who seek out stocks trading for less than their intrinsic value. By choosing companies the market has undervalued, or investing in mutual funds with similar objectives, value investors may realize positive returns. With proper diversification, the prudent use of a value-based investment philosophy may well serve the long-term needs of today’s investor.

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Five Features of a Healthy 401(K) Plan

August 7, 2018

Many companies offer 401(k) retirement plans as a valuable incentive to recruit and retain the best talent. Other companies offer 401(k) plans from a place of parental responsibility to encourage their employees to save for their own retirement. Since 401(k) plans vary greatly, you might wonder whether your company plan is competitive and doing what it should to encourage retirement savings. The following five discussion points will help you understand if your 401(k) is holding up well against other plans.

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Salisbury Bank Offers Free Seminar on Smart Financial Steps and Plans for Seniors and Their Caregivers

August 23, 2017

Salisbury Bank is offering a seminar which will focus on smart financial steps and plans for seniors and their caregivers. In this seminar, the following questions will be answered: What financial plans do you have in place now? What documents must you have ready to truly be prepared? Assessing your health care needs and plans – are you in “good shape”? Who will handle your financial decisions? What are the duties and limits of a financial caregiver?

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