Getty In last week’s article, we went over the wealth transfer from generation-to-generation and how proper estate planning can be crucial. That is why the generation of people with ages in the range of 70 to 90 is prime for taking advantage of proper estate planning techniques. Many of them were the first in their families
Month: May 2020
TOPLINE The market fell sharply for most of Friday as investors braced for President Trump’s announcement regarding China, but despite new sanctions and penalties, stocks turned positive after the phase one trade deal was kept intact. Trump will make an announcement regarding U.S.-China relations on Friday. Doug Mills-Pool/Getty Images KEY FACTS The Dow Jones Industrial
The housing market in Austin, Texas, is quickly rebounding from the effects of the coronavirus. Getty As mortgage applications, price appreciation and slowly growing new listings indicate that the national real estate industry is finally mending from the coronavirus, some housing markets are charting faster and stronger recoveries than others. The reasons why some cities
States across the U.S. continue to chart their own paths forward, trying to thread the needle between public health concerns and efforts to restart the economy amid mass unemployment. Another 2.1 million people filed jobless claims over the past week while continuing claims, or those who have been collecting for at least two weeks, reached 21.05 million,
Box forecast annual revenue above analysts’ estimates and beat targets for quarterly sales on Wednesday, as demand rises for its online collaboration tools due to the global shift to work from home caused by the Covid-19 pandemic. Box is the latest to signal the lift from firms increasingly using video conferencing and other remote work
View of New York Stock Exchange, Wall Street on March 23, 2020 in New York City. Angela Weiss | AFP | Getty Images This is a live blog. Please check back for updates. 7:23 am: Stock futures fall as Trump news conference looms Stock futures fell slightly on Friday morning as traders awaited a news
On Wednesday, Stanford University president Marc Tessier-Lavigne announced in a letter to the Stanford community that the school was facing financial challenges related to the coronavirus pandemic and that some reduction in the school’s workforce would likely be “unavoidable.” “We don’t yet know the scale of job reductions. We hope they will be limited, but
Signage is displayed outside Morgan Stanley & Co. headquarters in the Times Square neighborhood of New York. Michael Nagle | Bloomberg | Getty Images Morgan Stanley is planning to kick off the return of trading personnel to its New York headquarters in mid to late June, according to people with knowledge of the situation. The
Martin Seay, president of the Financial Planning Association and chair of the Personal Financial Planning Program at Kansas State University. Financial Planning Association The coronavirus pandemic has forced businesses of all kinds to rethink how they work and interact with customers. Financial planning is no different. Martin Seay, president of the Financial Planning Association, perhaps
Reading, PA – May 8: Major Joy Mudge, left, and Kristy Kushner, right the Director of Social Services, helps to organize boxes ready for distribution. During a food distribution at the Salvation Army location on South 5th Street in Reading, PA Friday afternoon May 8, 2020. (Photo by Ben Hasty/MediaNews Group/Reading Eagle via Getty Images)
Kevin O’Leary told CNBC on Friday the coronavirus crisis has shown that remote working is good for employees and a business’s bottom line. “Productivity is significantly higher when you give people what they want,” the “Shark Tank” investor said on “Squawk Box.” ”Maybe they’re taking care of an aged parent, maybe they’re raising kids, maybe they don’t want to
TOPLINE New York Governor Andrew Cuomo said in a press conference on Friday that his state is coming “close” to the bottom of the curve, with five regions now set to begin a phase 2 reopening. Most of the states regions have begun a phase 1 reopening. Chip Somodevilla/Getty Images KEY FACTS The number of
Getty As the country opens up from the Covid-19 lockdown, the Small Business Administration (SBA) continues to release FAQs for the Paycheck Protection Program or PPP loans. Yet the additional information being released is causing stress for both borrowers and tax professionals alike. “The guidance for the Paycheck Protection Program has to be the most
This design by Alchemy architects is their lighthouse 310SF – 14 X22 Sq Ft. Rendering courtesy of Alchemy Architects Alchemy Architects has teamed up with Plant Prefab to build a good variety of Accessory Dwelling Units (ADUs) called lighthouse LivingHomes in CA. With a large shortage of housing in this area, these units will provide
China’s desire to display its sovereign might could be part of why it has approved a draft national security law for Hong Kong, one analyst told CNBC. “There’s probably sort of a multi-layered cake of Chinese motivations,” Christopher Johnson, Freeman Chair in China Studies at think tank Center for Strategic and International Studies, said Thursday before China’s
Eddie Noralus works on a Toll Brothers home on August 21, 2018 in Boca Raton, Florida. Joe Raedle | Getty Images U.S. luxury homebuilder Toll Brothers on Wednesday withdrew its full-year forecast and warned it would not provide such guidance for the foreseeable future due to uncertainty caused by the Covid-19 pandemic. The company’s net
A Chinese and U.S. flag at a booth during the first China International Import Expo in Shanghai, November 6, 2018. Johannes Eisele | AFP | Getty Images Stock futures slipped on Thursday night as traders braced for an upcoming news conference on U.S.-China relations from President Donald Trump. Dow Jones Industrial Average futures dipped 52 points,
Alex Sanchez, 25, has aspirations to be a millionaire by 30. And he’s on track: Sanchez earns more than $200,000 a year from his full-time job as an overhead lineman. However, he sees real estate as his path to wealth. Currently, he owns five rental properties around Chicago and rents them out to five families.
Getty Images Taxpayers marooned at home will now be able to submit amended income tax returns to the IRS electronically. The tax agency announced on Thursday that it would begin accepting amended returns via e-file this summer. Once the e-file option becomes available, filers will only be able to amend their 2019 return. Remember, you
By David Jarmul, Next Avenue Contributor Kate Szerszen watches Alan Teasley’s online OLLI class about Stephen Sondheim Dennis Szerszen “Folks, this is a big experiment,” Alan Teasley laughed, as he began his online adult education class about Stephen Sondheim with a song from West Side Story, using the Zoom videoconferencing technology. During the next hour,
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