Category: Practice Management

How to Motivate Your Child to Apply for Scholarships

There are many things for high schoolers to consider as they prepare to graduate, such as how to fund their education. Scholarships can be a significant funding source for your child’s college education. Many tools exist for identifying the sources that may be most relevant to your child’s situation. The real challenge in winning college scholarships, however, may not be in finding those opportunities or the competition for them, but in motivating students to apply for them.

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Ten Ideas for Making Home Ownership a Reality

June is National Homeownership Month—a time to celebrate the value of homeownership to families and communities. Affording a new home has become more difficult for four basic reasons: higher mortgage rates, higher home prices, lower inventory and lagging wage growth.

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Charitable Trust: Philanthropy and Retirement Income

Individuals often view retirement income planning and legacy planning as discreet exercises. In fact, these planning objectives can both be met through the use of charitable remainder trusts (CRTs), which is an irrevocable trust in which you—the donor—receive income generated by the assets donated to the trust, while the remaining assets at your death are distributed to a charity selected by you.

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