Insights
Perspectives & News
Market commentary, tax and estate guidance, and firm news, in plain English.
Tax Planning
Understanding Capital Gains
A capital gain is generated from the sale of a capital asset, generally an investment-type asset. Not all capital gains are considered equal in the eyes of the IRS. A gain from the sale of a capital asset held for less than a year is considered a short-term capital gain and is…
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Estate Planning
Reviewing Your Beneficiary Designations
By: Sean T. Lamanna, CFP ® , Financial Advisor Three areas continually change over the years: your balance sheet, family dynamics, and the law. That is why reviewing your estate plan on an annual basis is integral to maintaining a desired outcome. Although all three of these…
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Investment Markets
Using Investments to Mitigate Risks & Fuel Your Goals
By Jacob B. Hensley, CPA, Financial Advisor The world of investments can be highly intimidating. With seemingly infinite options paired with the unpredictability of the world today, it is easy to become overwhelmed trying to navigate it alone. Having a team taking charge of…
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Financial Planning
Why it is Important to Know and Update Your Net Worth
By: Brittany B. Manning, CPA, CFP®, Director of Wealth Management Services Most of us know that net worth, or a personal financial statement, is a report that summarizes what we own and what we owe. But why do we spend time updating this report with our advisor and inquiring…
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Investment Markets
MCF Insights: Our Bias Shapes our Decisions vs. Reality
By Dave Harris, CEO I decided to take a minute to write about how I see repeated evidence of our own beliefs / biases formulating our opinions and thereafter our decisions versus what is the actual real data or empirical evidence. Almost daily when talking with clients, friends…
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Financial Planning
MCF Insights: Ideas for Reducing the Cost of College
Encourage your student to think about their future financial self
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