Categories

January 10,
2018

10 changes to the tax code that you should be aware of

With President Trump’s signing of the Tax Cuts and Jobs Act on December 22nd, many of our clients are still wondering what has really changed and, more importantly, which changes will personally impact their taxes going forward. The good news is that most of us will pay less federal income tax under the new tax code. The bad news is that for many taxpayers, the reduction in tax paid will be less than we were initially led to believe. Here are 10 changes that are likely to impact many... Read More

December 31,
2017

Did Someone Say Bitcoin?

Cryptocurrency is one of the hottest topics on the market right now. Recently, we’ve had many individuals express their curiosity with investing in a Cryptocurrency known as bitcoin. There are those who believe your brain has gone missing by not partaking in the investment, and those who feel like they’re playing a game of Russian roulette and would rather not pull the trigger. Not familiar with this type of investment? Let’s break down the basics of bitcoin:... Read More

December 21,
2017

Holiday Message 2017

As the hustle and bustle of the holiday season approaches and the 2017 year comes to a close, I can’t help but reflect on all the wonderful blessings we have experienced this past year. More importantly, I want to take the time to thank all of the people that have made our success possible. Each year, we host our Annual Client Appreciation Event as a way to say thank you for the continued trust and support from our client’s and community. For those of you who missed our... Read More

December 15,
2017

Year End Tax Tips To Do Now

While Washington DC is buzzing about tax reform for 2018 and beyond, it is a good idea to review your situation for 2017 to see if you can minimize taxes this year. There is no reason why what is going on at Capitol Hill has to impact your tax bill. Special Thanks to Porter Kinney CPA's in Tri Cities Washington for discussing some of these items with HFG Trust. These all may not work in your situation, but here are a few ideas.   1) Make A Charitable Donation. If you... Read More

November 30,
2017

How Much Life Insurance?

There are many variables that should be considered to determine the appropriate amount of life insurance you and your family needs. The great news is that HFG advisors have a method to calculate an adequate amount, while considering all of the things that are important to you. Determining a life insurance need is something we do for our clients regularly. Since we do not sell insurance, we provide an unbiased recommendation of the appropriate amount. Below are a few questions that must be... Read More

November 22,
2017

Who Can Benefit From A Trust?

  What is a trust? A trust is a legal entity that can “own” assets. The trust document reads like a will, and similarly includes instructions for the trustee to direct the Grantor’s, or owner’s, final affairs. It also carries out the dispersal of assets to the beneficiaries. There are different kinds of trusts: Living trusts are created while the owner is alive. Testamentary trusts are created after the owner has passed... Read More

Pages