Advice abounds about how much to have in your emergency fund (our answer: 6 months of living expenses if you’re working, 18-24 months if you’re retired), but the logistics...
The How and Where of Your Emergency Fund
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Financial Plan
Vacation Home Rental
Vacation Home Rental Tax Treatment and Other Considerations A vacation home, be it a cabin like twain harte vacation rentals, lake house, or a warm-weather escape from harsh...
529 College Savings Plan Unused
What to do with an unused 529 college savings plan You have done your due diligence and opened a 529 college savings plan for your child. The account has grown, and your...
Your Adult Children and Financial Advisor
Is it time to introduce your financial advisor to your adult children? You’ve likely had a relationship with your financial advisor for many years now. Your advisor knows a...
Families and Financial Planning
Families and Financial Planning While studying Personal Financial Planning (PFP) at Texas Tech University, I noticed in one of my classes of 40 students, I was one of 10...
Trusts: Top Ten Reasons Why
Just like school subjects get more complex as you age; so too, does managing your finances. Sure, you may have established a standard will and healthcare directive early in...
Transform Your New Year’s Resolutions
How are You Doing on Your New Year’s Resolutions? While working with Laura Bereiter, the Director of Tax and Financial Planning here at White Oaks, she assigned the interns...
Funding an Education
Springtime always brings about a change in the greeting card aisle. There are suddenly caps and gowns adorning the cards with the year splashed across for good measure. The...
Tidying Up Your Finances
Marie Kondo is having a moment. The author of The Life-Changing Magic of Tidying Up: The Japanese Art of Decluttering and Organizing is the subject of Netflix’s latest...
Relationships and Money Management
Interestingly, there are endless possibilities when it comes to relationships and money management. Many jokes and stories affirm that the issue is not a rare one at all. ...
Freezing Your Credit
This week, temperatures are in the single digits and Minnesotans are freezing! It has us thinking of another type of freeze - the credit freeze. This is one of the most...
Lottery Fever
Lottery Fever Are you one of the hopefuls who is holding on to a potential $1.6 billion payout Mega Millions ticket? Here are a few things you might not be thinking about!I...