The Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law on March 27, 2020. It offers relief for individuals, businesses, and state and local governments facing financial pressures as a result of the COVID-19 pandemic. With the reach and the complexity of the CARES Act, there are numerous different planning opportunities we’ve explored for the benefit of our clients since this Act was put into place in late March. To demonstrate how our team is proactively applying the ... [Continue Reading]
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For nearly 20 years, I’ve had the privilege of working with clients to create financial plans that are designed to help them achieve their life goals. In this time, I have found that experience is the greatest teacher. I have learned so much by going through multiple market cycles and working with a wide variety of individuals and families, each with their unique set of circumstances. Periods marked by significant market volatility and economic uncertainty, most especially the Global Financial ... [Continue Reading]
With the passing of the Coronavirus Aid, Relief, and Economic Security (CARES) Act, CCM's integrated team is diligently working to apply its benefits to our clients' financial plans. Below are some of the highlights we're finding most relevant to our clients, their families, and in some cases, their businesses. CCM advisors will be reviewing the key aspects of the Act in order to recommend the strategies that are best aligned to your goals. Recovery Rebates Individual taxpayers who had an ... [Continue Reading]
One of the most meaningful gifts a young person can receive as they strike out on their own after high school is wise counsel on financial matters. As a new school year begins, we wanted to share the following guidelines and important actions to help young adults in our clients' lives to build a strong foundation and get a sound start on their financial journey. Avoid Consumer Debt and Be Careful With Student Loans The fastest way to financial success is to avoid debt, because not having ... [Continue Reading]
What image does a “family meeting” conjure up for you? Do you think of your childhood when your parents would ominously announce, “It’s time for a family meeting!” or maybe it’s your spouse asking, “Does this incident warrant a family meeting?” In our home, one form of a family meeting occurred when my husband and I had casual discussions with our three kids over dinner when we would say something along the lines of, “We have something important to talk about.” I recently asked our young adult ... [Continue Reading]