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Income vs. Cash Flow

Income vs Cash Flow in Retirement What is the difference between income and cash flow? Cash flow and income are not the same thing, although people sometimes use the terms interchangeably. Income is new money coming to you, through work (salary or [...]

Dying Without a Will

What happens if you die without a will? Dying without a will (“intestate”) will cost your estate more money through taxes and legal costs and create unnecessary work for whomever the government appoints as your estate administrator or trustee [...]

Holding Companies

What is a holding company? A holding company is simply a corporation that does nothing but own a controlling interest (shares) of one or more other companies that are actually carrying on business. The operating businesses pay dividends to the [...]