Articles From Lumsden McCormick Financial Services

Balancing philanthropic goals with financial planning can be a complex yet rewarding endeavor.

Trying to save over a lifetime can sometimes feel a bit like a tug-of-war between the present and the future.

Estate planning, or legacy planning, can play a critical role in your ability to save for and shape your family’s financial future.

A sound investing strategy considers short-term volatility without losing sight of long-term objectives.

John and Mary are nearing retirement, and they have a lot of items on their bucket list. Longer life expectancies mean John and Mary may need to prepare for two or even three decades of retirement.

Some of the biggest challenges many face when it comes to education are financial. Luckily, a 529 college saving plan can help.

The latest research suggests that divorce rates in the U.S. have been falling in recent decades. Still, many people face the difficult crossroads that comes when their marriage ends.

The Social Security Disability Insurance program paid out over $150 billion in benefits in 2023. And with new applicants each year, the system is expected to exhaust its reserves at the end of 2035 if changes aren’t made.

When you lose a spouse, partner, or parent, the grief can be overwhelming. There are arrangements to be made, things to be taken care of – and in recognition of this reality, here is a checklist that you may find useful at such a time.

Federal estate taxes have been a source of funding for the federal government almost since the U.S. was founded.