The Weight of Inherited Money
Inheriting money usually comes with baggage. Only rarely do we inherit money from people who we didn’t know; most of the time we knew and often loved the person who passed away. This means that we often imbue the inheritance with much more weight than any other money...Financial Literacy Life Lesson: Car-Buying
My fifteen-year old minivan bit the dust over the summer, so I reluctantly pulled out the vehicle research I’d done over the past few months (this was not an entirely unexpected event) and became a car shopper. I took advantage of the fact that my son was home from...Overcoming a Common Money Stumbling Block
A few months ago I started to recognize a pattern that some of my clients were struggling with when I’d ask them to come up with a summary of their spending. It turns out that they’d hit an expense that could have fit into a couple of different categories, and then...Lending Money to Family or Friends
I had a client come in recently who wanted to talk about lending a significant amount of money to a family member. It’s not something I see a lot, and it got me thinking about what you need to consider before lending money. Lending money to a loved one might make...The Money Date
Photo by Jonathan J. Castellon on Unsplash I get a lot of couples coming in to my office, and one thing that we tend to talk about is communication. What do you need to talk about, and how often? Note that right now I’m talking about a couple in a long-term...Allison V. Bishop, CPA
95 High Street, Suite 306
Portland, Maine 04101
tel. 207.805.8400
allison@allisonbishop.com
