A BRIEF HISTORY OF ESTATE TAXES
READ TIME: 4 MIN Federal estate taxes have been a source of funding for the federal government almost since the U.S. was founded. Let's take a look at the timeline.
Loan 101 For First-Time Homebuyers: What Is a Mortgage and How Does It Work?
In today’s market, you can often put down significantly less to get out of your rented space and into a new home. Yes, 20 percent is still a good number to aim for, but having less than that doesn’t mean you can’t afford to buy a house.
Phantom Stock for Company Executives: Why It's Not as Scary as It Sounds
As a high-level executive, your company recognizes your valuable contribution to progress and growth. In response, your compensation package looks a little different - and often more complicated - than lower-level employees. Equity compensation, such as stock options, is a common offering for executives, directors and managers. But the type of equity compensation offered may differ. If your company is offering you a phantom stock plan, or shadow stock, here’s what you need to know.
A Federal Wealth Tax Has Been Introduced in the Senate. Here's What Affluent Families Need to Know
Several U.S. senators have proposed new legislation in an effort to raise $3 trillion in tax revenue over the next decade.1 Called the Ultra-Millionaire Tax, this new proposed legislation comes in direct response to the economic turmoil Americans have experienced throughout the COVID-19 pandemic.
You've Been Told Owning a Home Is Better (Financially) Than Renting. But Is That True For Everybody?
Buying a home is one of the biggest financial decisions that you will make in adulthood and for many people, this may be seen as a part of the “American Dream.” While it can feel good to own something rather than rent, it’s not for everybody and can come with costs and limitations.