Preparing for the unexpected can be one of the best actions you can take to protect yourself, even in the event of a loved one's death. During an already difficult time, many families have experienced the added challenge of not knowing how to properly manage the deceased's assets. What steps need to...

The 3 Benefits of a Living Trust

by Chris Maurer on

A carefully crafted estate plan helps prepare for the future, ensuring your legacy is passed on after your death. Many clients think that having a will is enough to ensure their assets are passed down to their heirs. However, a living trust provides more than just peace of mind, and the benefits of...

A portfolio that balances risk with reward can help ensure your investments ultimately meet your financial goals for the future. Managing a well-balanced portfolio requires careful planning, and this could include selling winning securities to help reduce future tax bills. This is called capital...

Are Treasury Bonds a Good Investment?

by Chris Maurer on
Treasury bonds can be a safe investment choice for those looking to balance their portfolio. Learn more about investing in treasury bonds at Park Place Financial.

Investment Lessons Learned

by Park Place Financial on
We’re taking a critical look at the investment lessons learned from the Covid-19 pandemic thus far. Discover more with our insights.

Prenuptial Agreements & Protecting Wealth

by Park Place Financial on
A carefully crafted prenuptial agreement can be an asset to both parties, acting as a way to define and distribute wealth and responsibilities equitably. Discover more.

From independence and flexibility to the fulfillment that stems from doing what you love, entrepreneurship has many rewards. However, working for yourself also means you're forfeiting the reliable salary and company-sponsored 401(k) that help make planning for retirement a little simpler. Get ready...

Estate Taxes vs. Inheritance Taxes

by Chris Maurer on

Preparing for the future requires more than just creating a will. It also involves careful estate planning to ensure the ones you love receive assets after your death. Your estate and the gifts bequeathed to family and friends will be subject to federal and state taxation at this time, and it’s...

The Dangers of Avoiding Retirement Planning

by Park Place Financial on

Planning for retirement at or a few years prior to your desired retirement date is not prudent retirement planning advice, though it is how a majority of the working population operates. Considering how to plan for your retirement may feel more like a spring cleaning task than a doctor’s appointment...

What Is a Retirement Buyout?

by Chris Maurer on

The idea of early retirement is exciting for some and hard to imagine for others. Some companies, however, offer retirement buyouts for longer-tenured employees as they move closer to the standard retirement age. If you’ve been offered an early retirement buyout package, you likely have questions...

As you approach retirement, dreams about new hobbies, travel, and seeing family more often are common. Yet planning for how you’ll maintain your lifestyle, pay for healthcare, and protect your financial wellbeing is just as important. Creating an exit strategy that accounts for all the financial...