Aging Parents: It’s Time to Talk

Does the thought of asking your aging parents about the way they handle their household finances — or how they would feel about moving to a retirement community or assisted living facility — fill you with anxiety? You are not alone.

Investing vs. Paying Off Debt

What Should You Do?

We frequently get questions from clients asking us whether or not they should use any extra money they may have to reduce debt, or, whether they should invest this money instead. This question is particularly common from our younger clients who frequently face student loan debt, brand new mortgages, and the costs of starting a family. This is a difficult question and not one that many people see eye-to eye on.

 

Market Timing – Don’t Be Tempted!

After a multi-year period of relatively low volatility, U.S. equity markets recently experienced a spate of heightened volatility. In part, this volatility was brought on by worrisome economic data from China suggesting even slower economic growth may be coming and by growing concerns over the Federal Reserve’s monetary policy and when interest rates will begin to rise. As you would expect, higher equity market volatility often causes angst and concern amongst investors. Sometimes, individual investors are tempted to “sell everything” and exit equity markets until the volatility subsides and it appears “safe” to return to equities.

 

Staffing Changes at BLBB

 

As we continue to grow and in an effort to better serve our clients, we are thrilled to announce that Karen Rothenberger joined BLB&B in September as a Portfolio Administrator and that Brian Gallagher has transitioned from his position as a Portfolio Administrator into his new role at the firm as a Portfolio Analyst. Karen brings over thirty years of investment industry experience to our firm.

 

BLBB 2015 Legal Disclosures

 

Set forth below are the 2015 required legal disclosures for BLB&B Advisors, LLC. If you have any questions or concerns about these disclosures, please do not hesitate to contact your portfolio manager. 

 

Should You Consider Changing Your Domicile…

...for Estate Tax Purposes?

Pursuant to the American Taxpayer Relief Act of 2012, the 2015 estate value eligible for exclusion from federal estate, gift, and generation-skipping taxes is $5,430,000. In other words, upon your death, the transfer of your assets to your beneficiaries may be subject to federal estate tax if your estate is valued at more than $5,430,000. For couples, this means that just over $10.8 million can be passed to your heirs without incurring any federal estate tax. A vast majority of couples in the U.S. will not need to worry about their estate having to pay federal estate taxes

 

How To Monetize Your Heirlooms

What you consider to be an heirloom might not be to younger generations. Have your adult children already started asking you what you are going to do with all your “stuff” when you retire? Years of furniture, souvenirs, great deals, and collections add up over time.

 

You, Inc.: The Leap Into Self-Employment

 

After working for someone else, self-employment can be an exhilarating change. But it is also fraught with potential pitfalls, including the possibility of running out of money before your new venture even gets off the ground. One way to help improve your chances of success is to do as much advance planning as possible. As you can see in the U.S. Bureau of Labor Statistics chart below, about 50% of new businesses will close within their first five years of existence.