Have Hedge Funds Lived Up to The Hype? Cory Lyon, TFG Financial Advisors Recent studies show that investors continue to pour money into hedge funds, which have now hit a record $3+ trillion. Despite ample evidence of their underperformance, hedge funds continue to attract great attention from investors. But one has to wonder why, in
Does Bitcoin Belong In A Well Rounded Investment Portfolio
Does Bitcoin Belong In A Well Rounded Investment Portfolio? Cory Lyon, TFG Financial Advisors Having a good investment portfolio is part patience and part understanding the current state of the economy. An important piece of the puzzle is: where is the money and where is it going? The latest wave of curiosities comes in digital
Blended Families Are Special With Special Estate Planning Needs
Blended Families Are Special With Special Estate Planning Needs The Pew Research Center reports that there is a growing complexity and diversity within American families today – it’s not unusual for a family to include several children from prior marriages. The Census Bureau calls a “blended” family a household with a step-parent, step-sibling, or half-sibling.
Tax Breaks and Estate Planning Tips if Caring for an Elderly Parent
Your parents getting older and so are you – welcome to the sandwich generation! It’s not uncommon for adult children with children of their own to be supporting their aging parents and in-laws in the new millennium. If you’re in this position, keep in mind that the adult-dependent exemption has been removed by tax reform
Have you taken state estate taxes into account?
Have you taken state estate taxes into account? The Tax Cuts and Jobs Act has doubled the federal gift and estate tax exemption, with inflation-adjustments projected to raise it to $11.18 million for 2018.This means federal estate taxes are a concern for fewer families, at least in the short term. (The doubled exemption expires December 31, 2025.) But
Life Insurance Policy Audit and Review
Life Insurance Is An Important Asset Which Should Be Managed! Based on a study by the National Association of Insurance Commissioners, over 60% of people who own life insurance are not sure what the policy provides, and 29% admitted that they needed more insurance! Today’s life insurance policies are complex financial instruments and should be
Special Needs Trusts
Take care of a loved one who has special needs with an SNT Special needs trusts (SNTs), also called “supplemental needs trusts,” benefit children or other family members with a disability that requires extended-term care or that prevents them from being able to support themselves. This trust type can provide peace of mind that your
Rules for Transferring Assets to an Irrevocable Trust
Irrevocable trusts can provide a variety of benefits, including gift and estate tax savings, creditor protection, and the ability to control how assets are distributed. To preserve these benefits, however, it’s critical to respect all trust formalities. Case in point Here’s an example of just how critical this can be: In U.S. v. Tingey, a
Tools for Addressing Incapacity in your Estate Plan
4 Tools for Addressing Incapacity in your Estate Plan Estate planning is often associated with death. But it’s just as important for your plan to address incapacity associated with illness, injury, advanced age, or other circumstances. Unless you specify how financial and health care decisions will be made in the event you become incapacitated, there’s
Laura Marques Promoted to Director
Hauppauge, NY (January 6, 2014) — Fuoco Group is proud to announce the promotion of Laura Marques, CPA to Director. Marques previously served as a Senior Accountant to the firm. Marques joined Peare & Heller in 2001, which in 2003 merged into Fuoco Group. As a Director, she specializes in providing audit services to not-for-profit
