Tag: insurance
-
Can We Protect Assets from A Nursing Home? A Primer on Long-Term Care.
Helping an elderly parent or grandparent through their final years can be a difficult season. The personal and emotional toll alone is enough for one person, then add the financial complexities on top. One of the major questions that comes up when elderly people consider moving into an assisted living or nursing home is whether…
-
When Should I Hire a Financial Advisor? 5 Signs a Business Owner Has Outgrown DIY Financial Planning.
Historically, owners have always been a smart and self-sufficient group. Wearing all the different hats that are required to run a business is something that no one wants, but every owner eventually works through. As businesses and finances evolve, there will likely come a point where more help is required. Hiring employees, bringing on consultants,…
-
Making Good Money but Still Stressed? Start 2026 With a Simple 6-Part Plan to Reduce Financial Stress for Business Owners.
As income increases, so do financial complexities, both in personal and business finance. As new problems emerge, owners can feel they are on the back foot trying to handle their finances. Each time one area is solidified, another side poses new problems. While no financial plan can completely cover future problems, covering the basics across…
-
Is Your Liability Coverage Enough? A Simple Framework to Understand Your Business Insurance.
Business insurance is often one of the required but unpopular parts of running a business. Regardless of the owner’s viewpoint, most business owners should understand their business insurance and properly insure against certain risks to the company. Liability insurance is perhaps one of the most important, and even these policies are misunderstood. Taking the time…
-
What Insurance Do I Need for My Business? How to Manage Personal and Business Risks.
Depending on who you ask, insurance generally is either the best or worst financial product you’d ever buy. As a result, there is some confusion around what insurance policies are good to get and what is excessive or irrelevant. My goal is to be agnostic to specific insurance policies, but decisive on managing risk. Here…
-
Do I Need a Will? Why You May Need a Better Estate Plan.
One of the reasons why money creates stress in people is because they don’t know what will happen in the future. People don’t fully understand how different life changes would impact their finances and whether or not they should worry about it. The concept of an inheritance is older than the Bible, yet the planning…
TC Falkner 