Posted in Triplett & Carothers on August 1, 2024

When starting a family, you might be interested to know that you’re now eligible to claim new credits and deductions, which ultimately lessens the total value of your tax liability. You can start by utilizing the official IRS Withholding Estimator to check your withholding. This will allow you to update your Form W-4, which is… read more

Posted in Triplett & Carothers on August 1, 2024

Both wills and trusts dictate who will receive your assets after you die, but they do it in different ways. Each way has its advantages and disadvantages. Wills (sometimes called your last will and testament) tend to be simple documents that describe how to distribute property to your beneficiaries after your death. Wills allow you… read more

Posted in Triplett & Carothers on August 1, 2024

Retirees need to understand that the quality of their lives in retirement will depend on how well they have attended to each of the four pillars prior to and during retirement. Most people would agree that what financial freedom looks like in retirement is the ability to do the things you would like to do… read more

Posted in Triplett & Carothers on July 31, 2024

In this inaugural issue of Coda, the U of L School of Music newsletter, Roz Carothers was featured for her commitment and contributions. “If it hadn’t been for the School of Music scholarships, I wouldn’t be where I am today. I have deep internal gratitude for the U of L and I enjoy showing others… read more

Posted in Triplett & Carothers on July 2, 2024

The SECURE — Setting Every Community Up for Retirement Enhancement — Act was passed in 2019. After that, SECURE Act 2.0 was passed in December 2022 and went into effect Jan. 1, 2023. The secondary SECURE Act establishes new rules regarding the timeline that individuals must adhere to with regard to taking RMDs from their… read more

Posted in Triplett & Carothers on July 2, 2024

If you have reached the phase in life when you plan on leaving the daily grind, you can organize your agenda by dividing your to-do list into stages: the early days (three to five years ahead), the final years (two years before) and the final stretch (the ultimate six months). A stitch in time Start… read more

Posted in Triplett & Carothers on July 2, 2024

ON A PERSONAL NOTE … This month, we are sending a shout-out to our client Pops’ Pepper Patch, a small batch food processor specializing in condiments. Their products range from very mild to unbelievably wild. At Pops’ there’s something for everybody’s range of taste and tolerance for spice. How it all started from Bill Kamman,… read more

Posted in Triplett & Carothers on July 1, 2024

A quitclaim deed is so named because the seller is disclaiming all interest in a property. This type of deed offers no buyer protection. It makes no seller guarantees. Instead, it merely states that the seller transfers any ownership interest to the buyer. If the seller has absolutely no ownership interest in the property, that’s… read more

Posted in Triplett & Carothers on June 7, 2024

ON A PERSONAL NOTE:  This month we wanted to give a shout-out to our friends at Ricky B’s Club Café. This is one of our favorite spots for food and fun, drinks and live music. This friendly piano bar hosted by Louisville’s very own Rick Bartlett serves designer cocktails, delicious small bites, and flavorful dinners. … read more

Posted in Triplett & Carothers on June 4, 2024

Your golden years come with perks that allow you to enjoy discounts at your favorite restaurants, grocery stores and retail stores and on leisure activities. Along with these savings, there are also opportunities that are completely free, from taking college courses to admission to national parks. The good news is that many of these benefits… read more