As you might know, Brandon and I are former fighter pilots. Brandon flew the F-16 and I flew the F-15E during our service in the Air Force. We each have an affection for the specific aircraft we flew, but if you were to ask us which fighter is “best,” our honest...
All corporations start out as C Corporations. To create a corporation, you need to file articles of incorporation with the secretary of state (department of state) in the state where you want to create it. The articles of incorporation include the corporation’s basic...
When evaluating potential income producing real estate investments, you should consider a property’s capitalization rate, also known as the “cap rate.” What is a cap rate? It is a figure representing an investment’s rate of return. A property’s cap rate also gives you...
Two things happened recently that motivated me to write about the opportunity costs associated with running a business. First, my fifth grader received her results from the state-level exams last year and while glancing through the Social Studies concepts, I noticed...
I’ll admit that I struggled with the title — surely there’s a better pun to be used here, but it eludes me. In all seriousness though, a Charitable Remainder Trust (CRT) can be a powerful financial planning tool, especially when certain tax and...
This week we’ve been helping a client roll an old 401(k) into her new plan with her current employer. In case you need a refresher, there are four options for your 401(k) — or other qualified plan — that you have when you leave a job: Leave it in...
