Shepherd Financial Partners

The most important asset your child has is YOU. Think for a moment about the specific instructions or guidelines you give to your child or his or her caregiver when you leave for just an evening out or a weekend away.Imagine if you never came back.

How can I avoid the federal gift tax?” If this question is on your mind, you aren’t alone. The good news is that few taxpayers or estates will ever have to pay it. Misconceptions surround this tax.

Distributions Most special needs trusts give the trustee sole discretion to make distributions from the trust funds. There are specific guidelines to be followed in making distributions.

A Prenuptial agreement (PreNup) is a contract between two parties prior to marriage that specifies how property, debt, and assets are to be allocated in the event of divorce, death, or separation.

With the cost of higher education growing faster than inflation and family income, the mainstream media has been flooded with editorials questioning whether a college degree is worth the increasing financial strain.

John Nadworthy's Financial Plan for a Family with Special Needs Featured in Money Magazine

Think twice before creating an UTMA account. Custodial investment accounts permitted under the Uniform Transfers to Minors Act (UTMA) allow families to gift assets to a child without having to set up a trust.

Do you need to contribute more to your retirement savings in order to maintain your lifestyle after your career is done?

To truly weigh the benefit that a fiduciary partnership would have for you, you must ask yourself the following question: What type of relationship would I like to have with the individual I entrust with the care of my wealth?

This article discusses the best options for naming the beneficiary of a retirement account when an individual with disabilities and special needs trust is involved.