Articles

Business continuity planning is often associated with worst-case scenarios: cyberattacks, natural disasters, loss of building access, utility failures or the unexpected departure of a key employee. Preparing for those events is important. But busin…

Creating a financial plan is one step. Staying aligned with it as your business and personal circumstances change is another. Business owners frequently operate in an environment where decisions need to be made quickly and competing priorities dema…

A business can change considerably over 10 years. Revenue may increase, the team may expand, ownership may become more complex and the company may move from survival mode to a more stable stage. But an owner’s personal financial plan does not alway…

Every dollar a business generates creates a decision. An owner can put that dollar back into the company, use it to compensate themselves or move it outside the business to help build personal wealth. Thinking about those decisions through three c…

Business ownership involves uncertainty. Over a five- or 10-year period, an owner may encounter an unexpected personal event, business disruption, competitive change or simply a shift in their own priorities. While those events may be difficult to …

For many business owners, the business is more than a source of income. It may represent years of work, a significant portion of their net worth and an important part of how they envision their future. Yet business planning and personal financial p…

Finalizing a divorce may feel like reaching the finish line after a marathon. But once the legal process is complete, another important phase begins: building a financial life that works for you as an individual. The way you managed money while mar…

Divorce later in life can present financial challenges that are different from those facing younger couples. Often referred to as "gray divorce," divorce among older adults may occur when couples have accumulated significant assets, are approaching …

Facing the prospect of divorce can be overwhelming. Along with the emotional impact, there are legal and financial decisions to make, unfamiliar processes to navigate and information that needs to be gathered. You don't have to understand everythin…

When facing a divorce, it can be tempting to turn to an internet search or advice from friends and family for answers. The problem is that divorce is highly dependent on individual circumstances, and information that applies to one person may not ap…

Divorce can feel like being dropped into unfamiliar territory. There are new rules to understand, professionals playing different rolesand important decisions arriving one after another. The stakes can also be significant. Decisions made during a di…

Every person enters a marriage with an existing relationship with money. Long before two people combine their financial lives, their attitudes about saving, spending, debt and financial security have already been shaped by their individual experienc…

Divorce is not a one-size-fits-all process. While many people picture divorce as two attorneys battling in a courtroom, there are several ways to navigate the legal and financial process of ending a marriage.Three common approaches are mediation, co…