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Financial Word of the Day: Probate
Probate is the legal process by which a deceased person’s will is validated, and their assets are distributed to heirs and beneficiaries. If there’s no will, the court appoints an administrator and distributes the assets according to state law.

Larry Jones
1 day ago2 min read
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Warren Buffett and the Rising Tide: Why Financial Literacy is the Key to Wealth Accumulation
The poor and middle class often struggle not just because of external forces but because they lack the knowledge to effectively manage and grow their wealth. The solution? Learning to Speak the Language of Money ...

Larry Jones
Apr 155 min read
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How to Invest on Autopilot and Make Millions of Dollars
Investing on autopilot removes the guesswork and emotional decision-making that causes many investors to lose money.

Larry Jones
Mar 44 min read
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Health Savings Accounts (HSAs) Explained: Triple Tax Benefits You Can’t Afford to Miss
An HSA is a special savings account designed to help you set aside money for qualified medical expenses.

Larry Jones
Jan 224 min read
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Strategic Philanthropy: 10 Smart Tips for Savvy Donors
Charitable giving isn't just about being generous; it's also a savvy financial strategy that can reduce your tax bill and help planning.

Larry Jones
Jan 64 min read
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The Pros and Cons of Annuities: Is It the Right Choice for Your Retirement?
Annuities are like reverse life insurance policies. They provide a steady stream of income while you are alive.

Larry Jones
May 7, 20243 min read
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Maximizing Your Tax Benefits: Understanding Depreciation
Depreciation is the gradual reduction in the value of an asset over time. It reflects the wear and tear of an asset as it ages and is used.

Larry Jones
Mar 25, 20244 min read
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Understanding Housing Allowance: A Guide for American Clergy and U.S. Military Personnel
A housing allowance is a financial benefit granted to clergy members and military personnel, designed to cover housing-related expenses.

Larry Jones
Feb 24, 20246 min read
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Capital Loss Explained: How to Navigate the Ups and Downs of Investing
A capital loss occurs when you sell an asset (like stocks, bonds, or real estate) for less than what you paid for it.

Larry Jones
Feb 23, 20243 min read
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Slash Your Taxes: Uncover the Secret Power of Tax Credits
Tax Credits are a dollar-for-dollar reduction in the amount of tax you owe to the government.

Larry Jones
Feb 23, 20242 min read
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Tax Deductions 101: What They Are and How to Benefit
Tax deductions are specific expenses you've incurred throughout the year that the government allows you to subtract from your taxable income

Larry Jones
Feb 23, 20243 min read
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529 Plans: The Smart Parent’s Path to College Savings
A 529 Plan is a tax-advantaged investment plan run by states and educational institutions to make it easier for families to save for college

Larry Jones
Feb 22, 20243 min read
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Understanding Capital Gains: A Guide to Your Financial Growth
Capital gains are a key part of wealth building for everyone. By understanding them, you can maximize profits and minimize taxes.

Larry Jones
Jan 12, 20243 min read
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