Financially Independent Children in the Age of Entitlement
I recently wrote this article for Money Magazine. Click here to view the edited version. “Father Merchant, Son Gentleman, Grandson Beggar” – Spanish Saying A few years ago, meeting with new potential clients who were considering retirement, it became clear that the biggest hurdle that stood in the way of a successful future was the […]
Beat The Clock -Last Minute Qualified Charitable Deductions
Congress has passed the “extenders bill” for 2014 (the Tax Increase Prevention Act of 2014). President Barack Obama just recently signed this into law. This bill revived qualified charitable distributions (QCDs) for 2014 only. There are NO transitional rules allowing 2014 qualified charitable deductions to be made in 2015 so you must get your 2014 it done before the end of […]
The Night Before Christmas
Every year with the kids, the night before Christmas brings new joys, challenges and memories. This is the one night of the year when we do not have trouble getting the kids to bed. We watch Santa delivering presents on the computer via the “NORAD Santa Tracker” waiting for him get close to Chattanooga. When […]
Large Tax Hits from Mutual Funds?
Mutual Fund Capital Gains Distributions They show up like uninvited guests, usually in early or mid – December and eat up our profits. They are one of the worst aspects of owning mutual funds. Funds might sell appreciated securities for a variety of reasons. Perhaps a stock hit management’s sell target–not out of the question, […]
Do Yourself a Favor on Thanksgiving
Thanksgiving is one of my favorite times of the year. Not just because I’m surrounded by spectacular cooks who create some of my favorite dishes or round the clock football games. It is also the time of the year where we take time to say thank you and think of all that we have to […]
The Charitable Spirit – Not Just for the Holidays
A lot has changed in the past few years. Angry Birds became a national pastime. Tennessee fans are starting to fill football stadiums once again . China surpassed the United States to become the world’s largest economy. Innovative technologies disrupted whole industries. One thing hasn’t changed, though, and that is Americans’ generosity, especially when it comes […]
Scarcity and Opportunity
If you play fantasy football, you probably understand the economic principle of scarcity. Generally, there are a limited number of draft picks participants can use to maximize the talent on their teams. So, it’s essential to know which positions and players offer the greatest value. If there are a lot of great quarterbacks and defenses […]
RISE UP – A Tribute to Patriots Day
What Do Falcons Do? “RISE UP” This past weekend we took our Franklin Wealth Management team to Atlanta for the weekend to see the Falcons in their opening game against the Saints. Our team has been working hard to achieve the many goals we set for them and this past weekend was a reward well […]
Attorneys Win: Inherited IRAs Lose Protection
Last Thursday in our Inherited IRA Workshop we discussed how the Supreme Court has determined that some retirement accounts should no longer be considered retirement accounts. In June, a ruling written by Judge Sonia Sotomayor determined that Heidi Heffron-Clark, who inherited an IRA from her mother in 2001 and filed for bankruptcy nine years later, could not shield […]
The Results Are In
What Our Research Uncovered that Truly Defines the Franklin Wealth Experience We want to thank everyone for their continued support. This year has been another great year as far as receiving introductions to wonderful people that we value as clients. We also appreciate your continued feedback as to how we can continue to improve our […]
