Bay Point Wealth

Attorneys face unique financial planning challenges for a variety of reasons, such as their typical savings and income levels, insurance requirements, and more. This is why it’s essential to understand the key factors that financial planning for lawyers must ...

Finding opportunities to reduce the amount of tax you pay is an integral part of financial planning. Converting your investments from an Individual Retirement Account (IRA) to a Roth IRA is one way to potentially decrease your tax burden.

When it comes to managing your money, you need a financial advisor who understands your current situation, as well as your future goals. You must be able to trust that person to help you make the best possible decisions for you and your family. ...

Nothing in life is free, as the saying goes—and that includes borrowing money. Fortunately for consumers, interest rates (the cost of borrowing money) have been low for the past decade and are likely to

For high net worth individuals, the perspective around retirement tends to shift from concerns about whether you’ll be financially secure in your golden years to how you can manage your investments, taxes, cash flow, and charitable affairs in the best possible ...

Even if you’ve never considered it before, “What is my liquid net worth?” is a question worth asking. Understanding your current financial situation is essential to determining how you’ll reach your future objectives—for example, whether you’ll have enough money ...

Most married couples today choose to combine their finances for simplicity’s sake and to work towards one common goal. (Although, if your spouse has ever asked you to cut back on your online shopping, you may wish you had a separate bank account!) In all ...

Losing a spouse can be devastating. Not only does this life-changing event take a significant emotional toll, but it also creates uncertainty around financial matters. As a widow, the financial planning process in particular may seem overwhelming, leaving you ...

Your financial advisor’s advice can make or break your plans to reach objectives like early retirement or passing wealth down to your children. You need to know that your advisor is not only an expert in their field, but that they also have your best interests at ...

Over the last 20 years, we have endured three crises that have impacted our lives and our portfolios: the Tech Bubble, the Housing Bubble and Crash of 2008, and now COVID-19. We are often asked what to do during times like this, but the reality is that your ...