Clients will naturally want to help their children afford higher education, but it’s important that they not jeopardize plans for retirement by doing so. Here are some general principles to keep in mind as you advise families faced with these complex decisions.
Significant Event Planning
In part one of a two-part podcast, we take a look at what potential borrowers need to know when considering taking out a government-funded student loan.
This column discusses things to keep in mind when working with older couples who are divorcing.
By providing basic knowledge, CPAs can better serve older clients and their families.
Clients in the early stages of Alzheimer’s disease or dementia may still be able to take part in financial planning. Learn what precautions CPAs need to take when working with these clients.
Clients are often reluctant to discuss the vital topic of long-term care. Here’s a guide to lead you through what is often a difficult conversation.
Three in four older divorced people need a better understanding of how to manage their personal finances, a new AICPA survey shows.
Proper planning can minimize the risks these loans and their repayment options pose to personal finances.
Today senior citizens can choose from a variety of living arrangements.
It’s vital that your clients have certain documents in place to protect themselves and their assets in the event of their physical or mental incapacity.
Student loan arrangements can have unforeseen, long-lasting implications for a family’s financial future.
When clients wait too long to plan, they can find themselves scrambling to pay unexpected bills.
Students can practice smart financial management habits that help ensure they’re able to pay off their loans.
It’s important clients have a plan in place in the unlikely event that they will need to make medical or financial decisions on behalf of their college-student children.
In a demanding field like accounting, it helps to consider what effect having a child will have on your job.
In a recent survey, students said their college loan debts will cause them to delay such life goals as moving out of their parents’ home, buying a house, having kids, and getting married.
This column can help clients visualize the consequences of not having an up-to-date plan.
If patients don’t fully understand the cost of their treatments, or if they assume their insurance plan will take care of them, they can be hit with expensive surprises.
Students may be overconfident about their ability to manage money, a new AICPA survey has found.
More than half of the 1,010 U.S. adults surveyed said they had put off important life goals such as buying a home, retiring, or pursuing higher education.