White Oaks Insights
Trusts: Top Ten Reasons Why
Just like school subjects get more complex as you age; so too, does managing your finances. Sure, you may have established a standard will and healthcare directive early in your financial life. Those, however, may not address the more complex needs you have as you age...
Is It Time To Refinance?
Mortgage rates are at two-year lows and continue to be significantly less than the historical average. With home values holding and/or increasing in most markets many homeowners are wondering if now might just be the perfect opportunity to refinance. After all, last...
Transform Your New Year’s Resolutions
How are You Doing on Your New Year’s Resolutions? While working with Laura Bereiter, the Director of Tax and Financial Planning here at White Oaks, she assigned the interns the task of writing summer goals. Through this process, it made me reflect on my New Year’s...
World Elder Abuse Awareness Day
Once again, I attended the World Elder Abuse Awareness Day (WEAAD) conference. The Earle Brown Heritage Center in Brooklyn Center, Minnesota held the event. WEAAD was created to recognize the significance of elder abuse. Elder abuse is a growing social and financial...
Welcoming White Oaks’ Summer Interns
The White Oaks team is excited to welcome Justin, Mari Kate and Mo (from left to right) as they begin their summer internship with us. Here is a brief introduction to each of our summer interns. Mo Mo Aghelnejad has always known he wanted to major in finance. He...
Helping Women Executives Fly
Since 1986, Sharon Bloodworth and the White Oaks' team have been helping women executives fly. White Oaks works with many women executives as clients. A panel discussion for the Minneapolis-St. Paul Business Journal, on Women Executives in Finance, featured Sharon....
Tax Considerations of a Second Home
Based on a survey done by Statista in the fall of 2018, almost 15% of Americans surveyed said yes when asked if they owned a second home[1]. This likely comes as no surprise to those of us that live in cabin country and among snowbirds who flock to somewhere warmer...
Funding an Education
Springtime always brings about a change in the greeting card aisle. There are suddenly caps and gowns adorning the cards with the year splashed across for good measure. The selection often includes money-holders. For most graduates, however, the funds they find in...
What to Do When the Honeymoon is Over
I’m married. I have a husband. My last name is different. All those things still sound surreal to me, but they are now parts of my everyday life! After a truly perfect wedding and then a honeymoon on the beach, life is back to normal. However, there are a few newlywed...
Father and Daughter Teamwork
At White Oaks, we believe that father and daughter teamwork is important inside and outside of the office. Portfolio Manager, Alex Duty, brought his oldest daughter, Nella, into the office for Take Our Daughters and Sons to Work Day. Nella had so much fun...
White Oaks Economic and Market Update
In our most recent Economic and Market Update, released on April 22nd, we've identified two “yellow flashing lights” in the economic outlook. One focuses on housing and, the other, the inversion of the yield curve. While the housing pullback was evident in the report,...
Financial Independence: The New Dream
A noticeable trend is a desire for financial independence over the traditional notion of retirement. Some may wonder what is the difference in financial independence. It is about choices and flexibility. My observation is that some, if not many, are finding the idea...
Market Update for 2nd Quarter 2019
In the market update for second quarter of 2019 Bob Klosterman delves into current conditions. Following a worrisome fourth quarter in 2018, the first quarter of 2019 shrugged off most concerns of “ the second shoe” falling on the economy and investment markets. Last...
A Brief History of U.S. Taxes
Taxes are one of the most discussed items here at White Oaks. We spend time strategizing with clients for upcoming years and identifying ways that we can make sure we are helping our clients achieve their tax goals. Have you ever wondered, though, how this all came to...
Laura Nickolay Featured in Advisory Magazine
Financial Advisor Magazine White Oaks is pleased to announce that Laura Nickolay, CPA, CFP® is featured in Financial Advisor magazine. In the article, she shares insight into tax strategy and charitable giving. Through the course of the year, Laura recommends actively...