by Gute Financial | Dec 16, 2022 | Financial & Estate Planning, Personal Finance
The latest adjustment snaps a four-month run of 75 bps interest rate increases by the Fed. As expected, the Federal Reserve (Fed) increased the federal funds rate by 50 basis points (bps). Fed officials reiterated its commitment to bringing inflation down to its 2%...
by Gute Financial | Nov 21, 2022 | Financial & Estate Planning, Personal Finance
For many of us, the end-of-year holidays are a time to connect with loved ones, make family memories and give back to the charities that mean the most to us. It’s often an appropriate time to get your portfolio in shape and diversify where necessary as well. Consider...
by Gute Financial | Nov 9, 2022 | Financial & Estate Planning, Personal Finance
While keeping in mind your long-term investment goals, meet with your advisor and coordinate with your tax professional to examine nuances and changes that could impact your typical year-end planning. Mind Your RMDs Be thoughtful about required minimum distributions...
by Gute Financial | Sep 27, 2022 | Financial & Estate Planning, Retirement Planning
Selecting a personal representative for your estate, also known as an executor, is no easy task. While it’s an honor to be chosen as an executor, it’s also a demanding commitment consisting of more than two dozen responsibilities and liabilities. For instance, an...
by Gute Financial | Sep 6, 2022 | Financial & Estate Planning, Retirement Planning, Succession Planning
You likely think of life insurance as a way to help your loved ones after you pass away – and it does. But there are other reasons to consider life insurance as part of your overall financial and estate plan. Even the ultra-wealthy rely on the versatility of life...