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Financial planning news from around the web: Jan. 28 – Feb. 1, 2019

Written on Jan 30, 2019

In case you missed them, here are some recent interesting financial planning news items from around the web.

Public distrusts tax system, but trusts accountants
A new report from a trio of international accounting organizations finds a high level of distrust by the public globally in politicians and nongovernmental organizations when it comes to their nations’ tax systems, but a comparatively high level of trust in professionals such as accountants and (gasp!) lawyers.

Advisers see more clients seeking second opinions
In the latest sign that financial planning is gaining professional status, clients are increasingly seeking second opinions.

Don’t overlook this crucial part of estate planning
We’re seeing the largest transfer of wealth in history, as $30 trillion passes to the next generations from the baby boomers over the next two decades. Those estates come in sizes big and small, but they all have one thing in common: taxes.

How investors can best use a 529 plan
The short answer: 529s are still a great deal. But investors who took a hands-off approach until their child was ready to start college should probably take a closer look at the risk they're taking in today's market. Here are few considerations they should weigh.

Tech Corner - Facebook to integrate WhatsApp, Instagram and Messenger
Facebook plans to integrate its messaging services on Instagram, WhatsApp and Facebook Messenger. While all three will remain stand-alone apps, at a much deeper level they will be linked so messages can travel between the different services.

 

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