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Prenuptial and Postnuptial Agreements for Same-Sex Couples

Financial Advisor for Gay Couples Financial Advisor for LGBT Couples Financial Planning for Gay Couples Financial Planning for same-sex couples Gay Friendly Financial Advisor Annapolis May 22, 2017 Author: Woody Derricks

Although some same-sex couples may not want to admit it, divorce may be on the horizon for them. It’s the unfortunate reality in today’s world. With ambiguous laws and some states still not realizing certain types of civil unions, the division of assets could be much hazier when it comes to same-sex couples separating. If […]

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Investment Advice: The Benefits of Working with a Registered Investment Advisor

Financial Advisor Investment Advice Registered Investment Advisor RIA May 15, 2017 Author: Woody Derricks

Whether you are a high-net-worth individual or a mid-size institution, it can be difficult to develop an investment strategy and oversee your investments – especially as your portfolio grows and becomes more diverse. Because of this, many people seek investment advice through a third party. Not all advisors are equal, though, when it comes to […]

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Tips for Getting the Most out of Your Pension

Estate Planning Estate Planning for Gay Couples Investment Strategy Pension Retirement Planning April 25, 2017 Author: Woody Derricks

According to usa.gov, people live an average of twenty years after retirement. If you are planning to use a pension to fund a significant portion – if not all – of your retirement, are you confident that it is going to allow you to live the lifestyle you want? No one wants to outlive their […]

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The Importance of Beneficiary Designations, Especially in Same-Sex Couples

Estate Planning Estate Planning for Gay Couples Financial Advisor for LGBT Couples Financial Planning for same-sex couples April 10, 2017 Author: Woody Derricks

The Importance of Beneficiary Designations, Especially in Same-Sex Couples  The last time you purchased a life insurance policy or set up a retirement account, do you remember who you designated as your beneficiary? As your life changes, your beneficiaries may need to change, too. They should be reviewed periodically, if not annually, to ensure that […]

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Where Your Tax Refund Should Go

Financial Planning Tax Planning Taxes March 30, 2017 Author: Woody Derricks

While it may be tempting to spend your tax refund on a weekend getaway, there could be better ways to utilize that extra cash. You could start an emergency fund, pay off a credit card, or even donate to your favorite charitable cause. Before you decide where the money will go, consider the following ideas […]

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College Planning Tips

Financial Advisor Financial Advisor for Gay Couples Financial Advisor for LGBT Couples Financial Planning Financial Planning for Gay Couples Financial Planning for same-sex couples March 2, 2017 Author: Woody Derricks

It takes a lot of money to put a child through college. According to The College Board, the tuition for a public, in-state, four-year college averages $9,650 for the 2016-2017 school year. Out-of-state students average $24,930 this year, and students who are attending a private school are paying an average of $33,480. If you and […]

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Jointly or Separately: How Should Married Same-Sex Couples File Taxes?

Financial Planning for same-sex couples Gay Friendly Financial Advisor Annapolis Tax Planning Taxes February 28, 2017 Author: Woody Derricks

With tax filing just around the corner, many new same-sex couples are asking whether or not they should take advantage of simplified joint filing or file separately, as they did before marriage. While it may seem easier, filing jointly could actually result in higher taxes! It’s best to examine your circumstances and then consult a […]

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The Potential Impact of Millennials on Your Investment Strategy

Financial Planning Investment Strategy Retirement Planning February 15, 2017 Author: Woody Derricks

The transfer of wealth from Baby Boomers to Millennials has already begun. According to Boston College’s Center on Wealth and Philanthropy, it is estimated that $58.1 trillion will be exchanging hands between 2007 and 2061. With that transfer, attitudes toward investing and wealth management could change considerably. To help keep your own investment strategy in […]

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I Do, or I Don’t: The Financial Impact of Marriage for Same-Sex Couples

Estate Planning for Gay Couples Financial Planning for same-sex couples January 30, 2017 Author: Woody Derricks

While the LGBT community has been fighting for marriage equality, marriage doesn’t necessarily help when it comes to a same-sex couple’s financial situation. Married couples may end up losing tax credits or find themselves in a higher tax bracket, making them subject to the not-so-friendly marriage penalty. On the other hand, estate and retirement planning […]

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Should You Buy a Home in 2017?

Investments LGBT friendly financial Advisor January 16, 2017 Author: Woody Derricks

There’s a good chance that 2017 will be a year of major changes – especially with a new president in the White House. Experts are predicting that those changes may impact the housing market, especially since interest rates are already starting to rise. With so much uncertainty, many people are wondering if they should invest […]

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