Should you name your adult child as trustee?
When people sit down to set up a trust, naming one of their adult children as the trustee, or worse, co-trustees, often feels like the obvious choice. They’re family, you trust them, and frankly, they’ll do it for free. I understand the appeal. But over...
Jodie Booth of Reich Asset Management earns CFP certification
Jodie M. Booth, CFP® at Reich Asset Management, LLC in Marmora, NJ has attained their CFP certification, the standard in financial planning, and has been authorized by CFP Board to use the CERTIFIED FINANCIAL PLANNER™ and CFP® certification marks. Booth, who has over...
Preparing for divorce financially
Nobody gets married planning to get divorced. But the sad reality is that a lot of marriages end that way, and when they do, the financial side is often the part people are least prepared for. Emotions are running high, big decisions are being made quickly, and the...
Buying a home? Start with your lender
Scrolling through online listings is exciting. Touring open houses is even better. But before falling in love with a home, it’s important to understand what you can comfortably afford and which loan programs fit your financial situation. The first step should be...
Is lifestyle creep holding you back?
How extra pay seems to go away Think back to the last real raise you got. Now, be honest with yourself: where did that money go? If you’re like most people, you’re not entirely sure. The raise felt great for a month or two, and then somehow life just got a...
