Risk Management for Homeowners Returning to the Coasts
If an affluent client wants to build a house in a flood zone, help them manage the risk before they build.
Postponing the Inevitable: Changes for Flood Bill Despite Early Support
In a rare bipartisan move, the Biggert-Waters Flood Insurance Reform Act was passed in 2012, hailed as necessary to save the National Flood Insurance Program (NFIP).
The Hidden Danger in Asset Class Investing
Focusing on the big picture led investors astray during the financial crisis.
Obama Refuses to Negotiate ‘Under the Threat of Economic Catastrophe’
Some independent analysts say that the real debt limit deadline is Nov. 1, when the Treasury is scheduled to make nearly $60 billion in payments.
“Expect the best, but plan for the worst” is advice you’ve probably given your clients for years. But what happens when the worst is worse than their most awful fears?
IRS Relaxes Withdrawal Rules for Sandy Victims
The IRS announced on Nov. 16 that Americans affected by Hurricane Sandy would be able to take advantage of relaxed rules regarding loans and hardship withdrawals from 401(k) and employer-sponsored plans.
IRS Speeds New Charity Exemptions for Hurricane Relief
The Treasury Department and the IRS on Wednesday announced an expedited review and approval process for organizations requesting tax-exempt status in order to assist people affected by Hurricane Sandy.
Building a Personalized Disaster Plan for Clients: Pt. 3—Create a Trusted Relationship Group
In the third blog in our series, how to build a trusted group of professionals who can help after a disaster, and five simple, achievable steps to build a personalized disaster plan.
Senate Approves Deal on Spending, Averts Shutdown
Ending weeks of political brinkmanship, Congress finessed a dispute over disaster aid Monday night and advanced legislation to avoid a partial government shutdown only days away.
Senate Nears Spending Bill Vote; Shutdown Still Looms
The Senate is poised to vote late Monday afternoon on a government spending bill before the government’s fiscal year ends on Sept. 30, but with the House on recess, a government shutdown looms.