Blog : 2016 - Partnership Wealth Management

What to Expect Financially from the Trump Administration

Financial Advisor Financial Planning December 30, 2016 Author: Woody Derricks

While you may or may not be happy with the presidential election outcome, one thing is certain: Donald Trump is going to serve as the 45th President of the United States. While it would be nice to have a crystal ball so that we could tell you exactly what this means for your wallet, unfortunately, […]

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20 Tips for Wrapping Up Your 2016 Finances

Estate Planning Financial Advisor Financial Planning Retirement Planning Tax Planning December 15, 2016 Author: Woody Derricks

As the year comes to an end, there are many ways you need to wrap up your finances. From 401k contributions and health care enrollment to beneficiaries and 529s, your actions from now until December 31st can make a significant impact on your 2016 tax return – and your 2017 financial outlook. Here is our […]

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Holiday Spending Tips

Holiday Spending TIps November 30, 2016 Author: Woody Derricks

Holiday Spending Tips Content from 2015 Newsletter For many of us, autumn is filled with outdoor activities, spending time with extended family, and the start of an expensive holiday season.  Before you hit the mall on Black Friday or make your online purchases on Cyber Monday, consider these tips for getting the most out of […]

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Charitable Giving Options

Charitable Giving Options Financial Planning November 15, 2016 Author: Woody Derricks

Charitable Giving Options Content from November 2014 Newsletter As we approach the end of 2016, many of you may be looking to make charitable donations. You may receive a tax break when you file your taxes next year and you’ll feel good knowing that you helped a worthy cause. There are a few options when […]

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Paying for Long Term Care

Financial Planning Long Term Care October 30, 2016 Author: Woody Derricks

Paying for Long-Term Care Content from July 2016 Newsletter What is Long-Term Care? Long-term care is the service provided by someone helping you manage your day to day routine.  Typically, this would occur if you could not perform several activities of daily living (commonly referred to as ADLs) on your own.  These ADLs could include eating, […]

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Planning for Diminished Financial Capacity

Financial Advisor Financial Planning October 15, 2016 Author: Woody Derricks

Planning for Diminished Financial Capacity Content from September 2016 Newsletter According to the SEC, “‘Diminished financial capacity’ is a term used to describe a decline in a person’s ability to manage money and financial assets to serve his or her best interests, including the inability to understand the consequences of investment decisions.”1 Of all the […]

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Medicare Basics – Newsletter

Medicare Retirement Planning Retirement Planning for LGBT Couples August 30, 2016 Author: Woody Derricks

Medicare Basics When can you sign up? Most people will become eligible for Medicare at age 65 and can sign up as early as three months prior to their 65th birthday and as late as three months after. If you apply prior to the month in which you turn 65, coverage should begin the first […]

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How Should We Allocate Our Investments? – Newsletter

Investments August 15, 2016 Author: Woody Derricks

How Should We Allocate Our Investments? (4/2016 Newsletter) One of the first questions that many prospective clients ask me is: What should we do with our investments? I usually reply with: That depends. Of course this is exactly what they don’t want to hear! Everyone wants an immediate answer to their questions, yet this is […]

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Retirement Planning for Gay Couples – Part 2

Retirement Planning for LGBT Couples July 30, 2016 Author: Woody Derricks

Retirement Planning for Gay Couples, Part 2: Estate Tax, Wills, Health Care   An earlier blog post covered retirement planning for gay couples related to Social Security, Medicare, and retirement benefits. This post covers estate taxes, wills, and health care. Estate Taxes Same-sex couples are no longer subject to a maximum 40% federal estate tax […]

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Women and Investing

Financial Planning Financial Planning for Gay Couples Financial Planning for Women LGBT friendly financial Advisor June 30, 2016 Author: Woody Derricks

Women and Investing A recent study by Fidelity shows that women tend not to get involved in their long-term financial planning. Why, you ask? According to the study, it’s because they lack confidence in their knowledge of financial planning and investing and are reluctant to talk about money. This lack of confidence in long-term financial […]

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