Most articles on inheritance focus on those leaving the assets behind, covering trusts, estates, and leaving a legacy. But what about the person on the receiving end? Inheriting money can feel overwhelming, especially during an already emotional time. Here's a few thoughts to keep in mind. Hit Pause on Major Decisions Your first instinct after [...]
With the rising cost of higher education and increasing competition for limited financial aid, early college planning is more crucial than ever. Many families are surprised to learn that starting to save even before a child is born can significantly ease the future burden of tuition and related expenses. Why Start Early? The earlier you [...]
Growing your family comes with joy—and financial responsibility. One major consideration? The future cost of education. The good ness: with proactive steps and professional guidance, you can plan with confidence. Start Strong: Infants & Toddlers It’s possible to open a 529 plan before your child is even born. With longer investment horizons, you may opt [...]
Key Takeaways Treat tax strategy as a continuous process, not a once-a-year filing exercise. Coordinate with financial and tax professionals throughout the year to identify opportunities for efficiency. Review contribution limits, charitable rules, and estate thresholds periodically to see if legislation has evolved. Consider how income timing, Roth conversions, and charitable giving may affect your [...]
Bob Chitrathorn, CPFA, Vice President of Wealth Planning at Simplified Wealth Management, was featured by Pinnacle TechInsights Magazine as one of the Top 10 Admired Leaders of 2023. The feature highlights Bob’s journey as a second-generation immigrant, his dedication to financial education, and the values that guide his work with clients across the country. Inspired by [...]
February 2026 Market Commentary Plan with Bob | Bob Chitrathorn Here's something worth sitting with: the market isn't broken. It's rotating. That distinction matters more than it might seem right now, especially for investors who've grown accustomed to a handful of giant tech stocks doing most of the heavy lifting. February drove that point home [...]
You don’t have to go far to discover something new. In fact, some of the most interesting experiences are often right in your own backyard. Exploring your community can strengthen connections, spark curiosity, and create memories without the cost or hassle of travel. Here are seven ways to start: Seek out the landmarks Visit the [...]
This Month’s Highlights • Preparing to Make the Decision • Apples to Apples • The Clock is Ticking: Getting a Handle On Student and Parent Loan Repayments • Financial Aid Insider: College Planning For Your Next Student • PS: Establishing In-State Residency Date: February 2026 Dear Parent(s), Valentine's Day is full of funny history, from [...]
This Month’s Highlights • Will Early Decision Really Cost Me? • What Is Fair? • Nurse Practitioners, Physical Therapists, Physician Assistants No Longer To Be Considered Professionals • Financial Aid Insider: PLUS Loan Holders Must Consolidate Date: December 2025 Dear Parent(s), Before we get into the college stuff, how much do you know about the [...]
This Month’s Highlights • Early Decision vs Regular Decision • The New FAFSA • How to Answer the Hardest Question on the CSS Profile • Financial Aid Insider: Top 3 Reasons to Complete the FAFSA Date: October 2025 Dear Parent(s), This summer of 2025 was exceptionally hot, with June and July setting global and regional [...]
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