Live A Life By Design Blog

A new year always suggests the opportunities to create the world we truly wish to live in and the strategies we must implement to achieve success. Too many of us write down meaningless resolutions on January 1 that have no measurable qualities to denote actual commitment from the writer. This year will be different for […]

Happy New Year!  It is so awesome to open a new calendar and smell the fresh ink and clean pages of opportunity.  The blank calendar pages are awaiting your input of a remarkable life in the new year.  2023 looks very promising.  Not from the world’s perspective but from the perspective of each of you […]

One of the most confusing questions asked by many people: Is it taxable as income?  To help provide greater clarity around this question, let’s refer to the law utilized for the determination of individual income tax computations.  The Internal Revenue Code of 1986, as amended, provides guidance for such quandaries. By reviewing the sections of […]

As the year of 2022 winds down to its last days, our thoughts of family gatherings, gift sharing and taxes dance in our heads.  Well, maybe not the tax thoughts but it is a good time to review a few planning ideas to help you feel more confident about your tax filing strategies for 2022. […]

Trust you enjoyed a wonderful Thanksgiving!  At publishing time for this article, I have laced up the running/walking shoes and hit the pavement to lose the excess turkey weight gained from the abundant offering of two meals last Thursday.   Planning is the process of proactively controlling those events in life that you are capable […]

As we get closer to Thanksgiving Day, it jars in my mind the opportunities we have to reduce our taxable income.  The important matter to remember is that most humans, in the United States, are calendar-year, cash-basis taxpayers.  There are many more tax planning strategies available to us prior to the close of the year […]

“This is your duty, son,” my father told me on my 18th birthday as he drove me to the county election board office to register to vote. As a teenager, I understood civics (thank you, Mr. Nunn) by learning from wonderful teachers who made the process fun. As students of civics, we studied the form, […]

Remember as a younger person when you first heard the phrase, “the only constant in life is change”? At the time you, perhaps, thought the person to be either a great philosopher or speaking gibberish. As I am approaching the inspirational age of 60 years young, the aforementioned statement of change has been proven true […]

One of the most critical benefits affecting American citizens is the Medicare Program.  For those individuals who qualify at age 65, this program provides health coverage for inpatient care (Part A), outpatient care (Part B), prescriptions (Part D) and other areas.  This article will focus on these three most common areas of care. To qualify […]

As a result of the economic disruption of the past two years, many people are becoming confused and concerned as to the sufficiency of their financial wealth in maintaining their lifestyle. Fear has a means of causing one to doubt previously acceptable strategies and financial reserves as supportive of your future. By focusing on the […]