H.R. 8: American Taxpayer Relief Act of 2012 SUMMARY: The 112th Congress was recently dubbed the “Do Nothing Congress” for the minimal amount of legislation enacted during the two-year session. Two hours after going over the Fiscal Cliff at midnight on January 1, the Senate voted 89-8, and the House of Representatives voted 257-167 to pass the American Taxpayer Relief Act of 2012 to reverse some of the measures which may have had a severe negative impact upon the…
Inspiring story of Nick Vijicic. Nick shows you that you have complete control over how you view your life. His beautiful view on life and living it to the fullest would make Victor Frankl proud. Watching this 4 minute story will make all of your troubles immediately melt away.
Do you have a will? A will enables you to specify who you want to inherit your property and other assets. A will also enables you to name a guardian for your minor children. Tip: Trust & Will. One key difference between a will and a living trust is when they take effect.
Have you ever had one of those months? The water heater stops heating, the dishwasher stops washing and your family ends up on a first-name basis with the nurse at urgent care. Then, as you’re driving to work, giving yourself your best, “You can make it!” pep talk, you see smoke seeping out from under your hood.
If you live in or have visited a big city, you’ve probably run into street vendors—people who sell everything from hot dogs to umbrellas in carts on the streets and sidewalks. Many of these entrepreneurs sell completely unrelated products, such as coffee and ice cream.
Addressing the potential threat of long-term care expenses may be one of the biggest financial challenges for individuals who are developing a retirement strategy. The U.S. Department of Health and Human Services estimates that 70% of people over age 65 can expect to need long-term care services at some point in their lives.1
There are 7 basic financial risks that many people face in their lives. 1) Dying too early can create economic problems for your survivors and beneficiaries as they may depend on your sources of income to make ends meet. 2) Incapacity & Disability are an often overlooked area which can devastate wealth whether by loss of income and / or by liquidation of assets to pay for healthcare costs. 3) Living too Long places a burden on your portfolio assets especially…
I focus on four simple areas to keep you S.A.F.E. and E stands for engagement. Over a 30 plus year career you can collect a lot of assets and build up some significant wealth on your balance sheet. You worked hard and focused on your career and family. Over time the collection and solutions may not be working together efficiently and can often work at cross purposes to each other. See Lessons from the Winchester Mystery House. As you begin to…
Sherrill Wealth Management, (SWM) has access to thousands of investment choices without restriction or financial incentive. It’s natural to assume our clients would see the “best of the best” fund managers managing each asset class of their portfolio. Continue Reading
I was watching the below TED video by Abraham Verghese as he discusses the evolution in medicine and how it has affected the doctor patient relationship. He jokes that as patients have become data points that no doctor will believe you’ve lost a limb until they can see the results of a CAT Scan. His argument is that the most important innovation in medicine to come in the next 10 years: the power of the human hand. Continue Reading