Posts by Tim Stringer

At JMG, we often discuss how clients should best make gifts to their children, grandchildren or other beneficiaries. These gifts can be a benefit to both parties and are often classified into four broad categories: those made outright, to a minor’s account, to an education account, or to a trust. (See Prior JMG Article: Taking Advantage…

While there can be many perks to retiring early, most would not consider the health insurance landscape among the benefits. It can be both confusing and expensive to secure proper health insurance during this ‘gap period’ – after traditional employer-sponsored coverage ends but before Medicare begins at age 65. Further, many do not consider the…

Over the last several years, interest rates have risen dramatically affecting both short and long-term rates. In recent months, the Federal Reserve has indicated their plan to reduce interest rates several times in 2024 and 2025, rather than continue the interest rate hikes of the last several years. Some people have forecast that this will…

It is increasingly common for middle-aged individuals to provide some level of care for their aging parents. Whether a gradual or sudden decline in health, this can leave both the parent and the adult child unprepared for this new stage of life. Every situation will come with its own challenges, but certain financial steps can…

Very often, clients will complete their estate planning documents with an attorney and find themselves asking, “What now?” They will have an impressively large stack of legal documents but no clear understanding of how these should be applied to their financial assets. This article aims to address the next step in the estate plan: the…

With year-end approaching, many will soon find themselves navigating the open enrollment window for employer-provided benefits. This often comes with a host of available options. Some choices can seem straightforward, while others can prove more difficult. Most commonly, we understand the broad choices to be made – Yes, I should enroll in a health insurance…