Financial Education

Understanding the basics of trust creation and the different types of trusts available can help you make informed decisions about your estate plan.

Paying for college is a major challenge for many families, but including it in your overall financial plan can make it easier to balance education costs with long-term goals like retirement.

Effective financial planning means balancing tax efficiency with goals, risk, and estate needs in a way that stays flexible as your life changes.

The path to financial independence often presents a challenge for investors: How can you effectively balance debt reduction with investment growth?

Financial success rarely happens by accident. The journey to financial security and wealth building is a deliberate process that requires careful planning and consistent effort.

RMDs are mandatory withdrawals from your retirement accounts once you turn a certain age. Managing them well helps you avoid penalties, cut taxes, and protect your savings.

Disclaimer: Woodley Farra Manion does not provide tax, legal or accounting advice. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. You should consult your own tax, legal, and accounting advisors before engaging in any transaction. Finding […]

Effectively planning an emergency fund requires evaluating the unique trade-offs—like insurance coverage, interest rates, and accessibility—of each option, especially as changing economic conditions influence their relative appeal.

Marriage often commands significant attention in financial planning, but other life transitions often carry their own financial implications, too.

The single biggest advantage you have as a young professional is time. While retirement might seem far-off now, starting your 401(k) contributions early gives your money decades to grow.