A few years back, I found myself in an emergency room, thinking I had a serious condition. As I sat there, I worried about my family, including my wife and young children. But I also worried that if I didn’t come home, my wife wouldn’t have a clear picture of our finances. Fortunately, the health [...]
The charmed life of Stewart Mott
When Stewart Mott died in 2008, his obituary in The New York Times described him as offbeat. That’s probably a fair description. Mott’s father, Charles Mott, had been one of the founding shareholders of General Motors. As a result, the younger Mott didn't need to work and instead pursued other [...]
A year-end housekeeping checklist
It's hard to believe that Thanksgiving is right around the corner. But with six weeks left before the end of the year, there's still plenty of time to do some financial housekeeping. Below are seven recommendations: 1. Visit your CPA: During tax season, accountants are so inundated with work [...]
Ten reasons everyone should have an estate plan
In 2016 the musician Prince died at the age of 57, leaving behind a legacy of musical genius. Unfortunately, he also left behind an ongoing financial and legal mess. The issue: For reasons no one understands, Prince neglected to prepare even the most basic estate plan. The result has been years of [...]
