Personal Records Retention Policies
Good recordkeeping can make your life easier. While record retention policies are often geared towards businesses, your personal files should also be kept safe and well organized. When creating your retention policy, you should consider state and federal statutes of... Read More →
Keep Your Credit Safe
A credit freeze, also referred to as a security freeze, allows you to restrict access to your credit report. Once a freeze is in place, creditors cannot access your credit score and detailed reports of your credit cannot be released,... Read More →
Power of Attorney Considerations
If you have not already done so, you may want to consider empowering someone to act on your behalf with regard to your assets. Also, you will want to consider the extent and conditions of the authority you may confer.... Read More →
Should You Take Advantage of North Carolina’s New Uniform Power of Attorney Act?
Jay H. Krall, Attorney at Law North Carolinians have a new Uniform Power of Attorney Act (“the new Act”) that became effective on January 1, 2018.[1] Powers that an agent appointed in a power of attorney (“POA”) can exercise under... Read More →
Effective Cash Management Strategies
After monthly expenses have been paid you may be left with excess cash in your checking account. Many individuals allow these funds to build up at the bank without a second thought. In this low-interest rate environment, rates offered by... Read More →
Reduce the Number of Account-Related Documents You Receive by Mail
You can reduce the number of account-related documents and disclosures you are currently receiving by US Mail by updating the delivery preferences at the custodian of your account(s). This e-delivery option is generally found under the account settings menu once... Read More →
How To Manage Robocalls
Not surprisingly, a recent AARP survey found that an overwhelming number of U.S. adults find robocalls “annoying” and “disruptive.” Robocalls have now made their way to both our cell phones and landlines. The article published on the AARP website in... Read More →
Historically Low Bond Yields
Market-linked income notes may offer a solution for investors to the low bond yields currently available. These notes are issued by financial institutions and pay a relatively high contingent yield based upon the performance of one or more underlying stock... Read More →
What Happens When You Work While Receiving Social Security?
Whether out of choice or necessity, it is becoming increasingly common for individuals to work past their full retirement age. Electing to receive Social Security payments while working can reduce the benefits you receive: to what degree, depends on your... Read More →
Bear Market Investment Strategies
The S&P 500 dropped in value by more than 50% in the 18 months between October 2007 and March 2009. We recently celebrated the 10-year anniversary of the S&P 500 climbing from that low point in early March 2009. During... Read More →