Markets and Investing

How the gains from the sale of a primary residence are taxed has changed in recent years. If you have recently sold your home or are considering doing so, you may want to be aware of these new rules. HOME SALE If you owned and lived in your home for...

According to the Conway Center for Family Business, family businesses account for 64% of the U.S. Gross Domestic Product (GDP), yet 57% of family businesses have no formal succession plan.1 While the number may shock you, it is not surprising...

Do you have a not-so-great relationship with your credit card? Maybe you don’t pay off your balance each month, or maybe you even miss payments. Let’s take a look at some unhealthy habits you should try to reverse. Not Keeping Track of Your...

You may have to make estimated tax payments if you earn income that is not subject to withholding, such as income from self-employment, interest, dividends, alimony, rent, realized investment gains, prizes, and awards. You also may have to pay...

Many businesses automate customer service these days, but it is good to know that personalized face-to-face customer care is still available at Allegius Credit Union. Allegius Credit Union was first established in 1966 to serve hardworking...

Preparing your estate can be complicated, and if you’re a part of a blended family, estate decisions can be even more complex and nuanced. Blended families take on many forms, but typically consist of couples with children from previous...

What kind of role can a financial professional play for an investor? The answer: an important one. While the value of such a relationship is hard to quantify, the intangible benefits may be long-lasting. There are certain investors who turn to a...

According to industry experts, most people don't have enough life insurance. The American Council of Life Insurers recently reported that average coverage equals $183,780, which is equivalent to approximately 3.5 years in terms of income replacement...

On July 12, Horizon Bank hosted its "Journey to Home Ownership" workshop in Gary, providing valuable insights and resources for individuals aspiring to become homeowners. Jill Brotan, a dedicated Community Lender at Horizon Bank, spearheaded the...

The ownership structure of a condominium unit is different from that of a single family house. Here’s what you need to know when purchasing insurance for your condo.1 1. Understand the master policy Since the ownership of all common areas is shared...