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What Business Owners Need to Know About Estate Planning
Regardless of the income your business generates, your age, or the number of employees, a business estate plan can help. One thing business owners need to know is a business estate plan can help ensure your business remains intact if something happens to you.
Long-Term Care Tax Legislation: What You Need to Know
As our population ages, discussions about long-term care (LTC) and who pays for it are essential for many families and state governments. As a result, there has been some recent long-term care tax legislation. LTC is ongoing care in a care facility, nursing home, or at home for those unable to perform a certain number of activities of daily living (ADL) without assistance. ADLs include eating, bathing, dressing, toileting, transferring in and out of bed, continence, or when physical, mental, or cognitive function is impaired, or a doctor has ordered specific care.
Understanding How Financial Literacy Impacts Financial Confidence
According to Webster’s Dictionary, financial literacy refers to skills and knowledge that allow individuals to make informed and effective decisions by understanding finances.