The Markets (as of market close February 24, 2017)

Most of the benchmark indexes listed here rallied by the close of the market last Friday to finish ahead for the week. The Dow led the way by marking its 11th consecutive day of positive gains, followed by the S&P 500, which has not experienced a daily swing of more than 1.0% since mid-December.

If you transfer money or property to anyone in any year without receiving something of at least equal value in return, you may need to file a federal gift tax return (Form 709) by the April tax filing deadline. If you live in one of the few states that also impose a gift tax, you may need to file a separate gift tax return with your state as well.

Life insurance can be an important financial tool for you and your family. For example, life insurance can help replace earnings that would cease upon your death. It can provide a legacy for your children or grandchildren, and can even be used to make a charitable gift after your death.

Key Points

-When people feel a situation is too complicated, they often fall back on rules of thumb to make decisions.

-We are often asked about market clichés like the "Super Bowl indicator" during this time of the year which can be revealed to have coin flip accuracy.

TABLE: Federal Student Loans For College

Many families rely on federal student loans to help pay for college. This table describes features of the most common federal loans.

Why Diversification Matters

When investing, particularly for long-term goals, there is one concept you will likely hear about over and over again — diversification. Why is diversification so important? The simple reason is that it helps ensure that your risk of loss is spread among a number of different investments.

The Markets (as of market close February 17, 2017)

Equities closed last week in positive territory, as several of the indexes listed here posted record gains.

How Can I Prepare Financially for Stormy Weather?

Due Date Approaches for 2016 Federal Income Tax Returns