Asset Planning, Inc Blog

The latest from the team.

I Scream...You Scream...We All Scream for Ice Cream!

Come help us celebrate National Ice Cream month this Thursday, July 27th from 1pm-3pm at Churned Creamery in Cypress. We would love to see you!

Ice Cream Event Flyer 2

 

Continue reading
  272 Hits
272 Hits

Big Changes in the Somoano Household

IMG 1990

I am an official empty nester: Kimberly graduated with her Masters in Communicative Disorders and accepted a job as a Speech Language Therapist with the Rialto School district! My other daughter, Kathleen is engaged! She is still living in Australia but will be married in California in 2018. And Kyle has transferred to UC Santa Barbara to complete his last two years of college. I am very proud of all their accomplishments.

Continue reading
  420 Hits
420 Hits

Happy 4th of July!

sparklers 923029 1920

Asset Planning wishes all of our clients and their familes a wonderful and safe 4th of July!

Our offices will have limited staffing on Monday, July 3rd and will be closed on Tuesday, July 4th.

We will return to normal business hours on Wednesday, July 5th.

Continue reading
  309 Hits
309 Hits

Fireworks and Your Dog: Keeping Your Dog Calm

The Fourth of July is a fun and festive time to celebrate America. Fireworks have become a natural part of these celebrations. While it is great fun for us it's not always that way for our dogs. Personally, my golden retriever Roxie, is terrified by them. I came accross a really good article that I wanted to share with you with tips on how to keep your dog safe and calm during the fireworks. Follow the link below to read the article.

https://www.cesarsway.com/dog-behavior/hyperactivity-overexcitement/how-to-keep-your-dog-safe-and-calm-during-fireworks

I hope everyone has a great 4th of July!

Sandy

 

Continue reading
  390 Hits
390 Hits

Summer is Here!

The weather is getting warmer, it’s staying lighter later and there are tons of graduations happening. This can only mean one thing, summer is here. With the official start of summer being next week and this being the time that most people leave for vacation we thought it would be a great time to send a reminder about increasing your home security while you’re away. Unfortunately petty theft and home break-ins have been running rampant lately. Doing a little to protect yourself now can help you avoid this happening to you. Here are some reminders for when you’re away. (These tips can even help if you aren’t planning on taking a vacation)

  • If possible, have someone stay in your home while away. This is the best option and gives you the peace of mind that your home and pets will be well taken care of.
  • Make sure that the outside of your home is well lit, especially your porch and side yard/gate areas. Criminals are getting braver but most do not like to be conspicuous and bright lights may deter them.
  • Put a stop on your mail and newspaper deliveries. Leaving these things to pile up is a sure sign that no one is home.
  • Tell a trusted neighbor about your vacation and ask them to keep an eye out for any suspicious activity.
  • Don’t post about your trip on social media. While it’s fun to share with your friends you never really know who is seeing the posts and it may alert the wrong people that you are away from your home.
  • Install a security system. An alarm system or cameras are a great option to help deter criminals. A few of us in the office use the Ring doorbell that has a camera and is connected to Wi-Fi. It also has an intercom so if you are home and you receive a knock from an unwanted solicitor you can politely tell them no safely from inside your home.

With the BBQs, beach days, bike rides and bon fires, summer is one of my favorite seasons. Hope you all enjoy yours as much as I do!

Melani

Continue reading
  377 Hits
377 Hits

Fake Check Scams

I came across an article about fake check scams and what to look out for if you receive an unexpected check in the mail. Unfortunately, these types of scams are happening more and more frequently. The following are some really good tips on what to do and what not do if you find yourself in this situation.

To avoid fake check scams, follow these tips:

Don’t “keep the change”- No legitimate company will overpay you and ask that you wire the difference back to the company or to some third party. Be extremely wary of any offer-in any context- to accept a check or money order in an amount greater than you are owed.

Don’t cash the “unexpected” check- Companies rarely if ever send checks that don’t include some explanation of why the check was issued. Unless you are expecting the check- and you are absolutely certain it is meant for you- do not cash it.

Call the company directly to verify the check- Remember that some fake checks will have a legitimate company’s actual account number with the correct bank routing number. Call the company directly to verify the check, using a telephone number you obtain on your own from directory assistance. Do not use any telephone number that appears on the check or any instructions you receive.

Know the hallmarks of fraud- Fake check scams typically have a number of red flags, such as:

-Typos: Watch out for online postings or emails that are riddled with typos and poor grammar.

-Mismatched names: Compare the name of the person or company posting the opportunity with the name on the check you receive- and beware if they don’t match.

Pressure to act quickly- Be aware that it can take 10 days or even more for your bank to determine that a check is a counterfeit. Don’t wire or transfer funds until you have verified with your bank that the check has cleared- even if the bank allows you to withdraw the money sooner.

If you do receive a suspicious check, contact one or more of the following organizations right away: local police, the Internet Crime Complaint Center (a partnership between the FBI and the National White Collar Crime Center), or the U.S. Postal Inspections Service (if the check arrived by U.S. mail).

Source: Compliance E-News, May 31, 2017, Published by The Consortium®

Continue reading
  393 Hits
393 Hits

Identity Protection Update

In February I posted blog about websites that exposed your personal information and how to opt-out of them. I have recently been alerted to a few new ones I wanted to make you aware of so you can make sure your sensitive information isn't out there for identity thieves to grab. I have listed the webisites below. As I mentioned in my previous blog these websites do have an opt-out option. It only takes a couple minutes to visit these sites to protect yourself.

Truepeoplesearch.com

Stalkscan.com

Aboutthedata.com

If you missed my original blog on this subject you can read it here https://www.assetplanninginc.com/new-blog/entry/protect-your-information-on-the-internet

Have a great weekend!

Melani             

Continue reading
  303 Hits
303 Hits

Looking for Ways to Donate and Get a Tax Break?

Many times we are asked by our clients about ways they can give back through planned gifting. In our last quarterly newsletter, Carol explained how you can donate part or all of your mandatory IRA distributions (RMD) to a charity of your choice which also reduces your taxable income for the year. Another way of doing this is by setting up a charitable annuity. The way it works is the donor gives a gift to the charity (amounts vary), the donor receives fixed payments for life and the donor is entitled to a federal income tax deduction the year the gift is made. I have included a link to one that is offered through the ASPCA to use as an example but there are many more out there to suit everyone’s unique philanthropic wishes.

https://www.aspca.org/ways-to-give/planned-giving

Continue reading
  362 Hits
362 Hits

Budgeting Apps

One thing we’re always telling our clients is how important it is to create a budget and to track their spending. Understanding how busy life is and how different things come up we realize this may seem like a daunting task. Fortunately, technology is on our side these days and there are a ton of new budgeting apps that help you keep track of all of this. I scoured the internet looking for recommendations on the best budget apps. These are the ones I found to be on many of the top lists; Mint, You Need A Budget, Level Money and Albert Budget App. Over the next couple weeks I am going to personally try each of them out and review them based on user friendliness, effectiveness and overall experience. In the meantime, I have included the links to each website below where you can find additional information on how each one works.

Mint- https://www.mint.com

You Need A Budget- https://www.youneedabudget.com

Albert- https://meetalbert.com

Level Money- https://www.levelmoney.com

I hope everyone has a great weekend!

Melani

Continue reading
  378 Hits
378 Hits

Sandy was Quoted in Financial Planning Magazine

Financial Planning Magazine reached out to Sandy to get her reaction to President Trump's proposed tax cuts for businesses and the elimination of certain deductions. This is what she had to say. You can read the full article here: http://www.financial-planning.com/list/rias-support-trump-tax-cuts-for-businesses

Sandys quote on Trumps tax cut in Financial Planning Magazine

Continue reading
  399 Hits
399 Hits

Search Blogs Module

Wait a minute, while we are rendering the calendar
integral member retirement plans health care costs https ://seekingalpha Social Security Administration investment statements June 29 Medicare question official certification portal 2017 TD Ameritrade National LINC Conference flash drive ice cream event “ skimmer ”. Medicare Part B premiums Asset Planning Mobile Banking Security Tips 2017 IRA contributions Brexit vote credit score Orange County Superior Court Part B clients borrowing money Medicare Part B executive order Retirement Contribution Limits Erin Nelsen spam phone Puerto Rico estate partner /owner 20 year anniversary Social Security DNA test kits home identity thieves IRS deadline Roth IRA credit freeze ID card retirement account numbers home mortgages clone counterfeits client portal disaster areas estate planning rescue organizations fees home security chip-enabled EMV cards insurance policy emergency folder paperwork clutter Shred paperwork parking spots trustee IRA accounts card reader Auto insurance 70 1/2. Kiplinger Letter notary services house sitter Wells Fargo employees California Lions Friends Wells Fargo customers app Two-Step Verification documents trust Part D premiums . credit card company VOIP landline phones policy pet industry earthquake app Flexible Spending Account phone companies October 1 2020. privacy settings Supplemental Security Income opt-out birth certificates drive /usb wells Fargo consumer spending tax season Notary Public cell phone carriers offer D premiums Legal robocalls relief efforts retirement accounts 4 pm -8pm blog post Affordable Care Act Open Enrollment increase vision screening Financial Planning Magazine credit cards retirement planning April 15 401K tax deadline 2018 IRA contributions July 4 Treasury Department Healthcare Medicare April 18 2017. pet supplies Orange County 23 andme prescription eyeglasses padlock Independence Day clients show support company 900 number CERTIFIED FINANCIAL PLANNER exam illiegal robocallers pets summer spring cleaning car loans privacy notices emergency kit Facebook profile home break-ins president Trump FEMA website assets non-prescripstion sunglasses information banking National Ice Cream month Open House fun facts phishing sites credit card fraud interest rates memorial Day weekend gap insurance Kraig Mathias Victor Dergunov Fox News story web address driver license CFP ® asset Planning debt phishing scams jury duty FSA money identity theft bottom line vacation pet Amazon contribution limit https :// April 11 insurance policies information Facebook cell phones