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Ms. C’s Bed & Biscuits

The Real Benefits of Doggy Daycare

Dogs are special species living in our strange human world with different needs than ours. Dogs believe humans have strange customs and weird rules. Humans don’t enjoy being jumped on or nipped in the butt when playing. That’s just plain weird to your dog. Our dogs have adapted to living in our households, but they still yearn for the same species sounds, smells, and interactions. It’s nice for your dog to forget about our human nonsense and “just be dogs.” You can make this happen at doggy daycare.

Not all dogs are the same, and there are some who are not well suited for a group daycare setting. An honest evaluation of your dog’s behavior and personality can determine who he or she will play with well. Most dogs benefit from having regular interactions with other dogs, even if it’s just sight and smell. At Ms. C’s, we pair your dog with other like-size dogs with similar personality and play behaviors.

Daycare is beneficial to dogs whether they attend once a week or every day. Benefits include:

» Socialization – Dogs need to be around other dogs to learn the dos and don’ts of how to play nicely with others. If your dog is not exposed to other dogs regularly, they can become anti-social, which can result in reactivity, anxiety, and aggression towards other dogs. For a dog to be social, they need consistent positive social interaction with other dogs.

» Exercise – Walks are mandatory for a healthy dog, but unless you’re speed walking or running, you’re barely scratching the surface of a dog’s exercise needs. Nothing can replicate the energy expenditure of dogs playing together.

» You get a break – We lead hectic lives – long hours at work, running errands, shopping, taking kids to special events, everyday chores – with no hours left in the day to relax. You can’t rush home to let the dog out, but he’s been home all day and needs to go potty. Responsible dog care requires a considerable investment of time.

Doggy daycare gives you a much needed break without feeling guilty. Dogs come home happily tired, ready to rest. A win-win for all! Call to discover how your dog can benefit from doggy daycare. Ms. C’s offers daycare from 7:30 am to 6 pm Mondays, Tuesdays, Thursdays, and Fridays.

Ms. C’s Bed & Biscuits
2145 Beals Chapel Road
Lenoir City, TN 37772
865.986.6325
www.MsCsBedandBiscuits.com

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Marsh Wealth Management

What Every Woman Should Know

By Yvonne Marsh, CFP®, CPA

Ladies, do you ever feel like you’re juggling so many balls in the air that if someone hands you one more ball, it’s all going to come crashing down? Now add into the mix the startling statistic that 75% of unpaid caregivers are women, and those caregivers are providing 20 hours/week caring for their mother. Being a woman is a two-edged sword when it comes to long-term care (LTC) – we are both more apt to be the caregiver and the one ultimately needing care.

Sociological expectations dictate that women step into the role of caregiver first and indeed handle the most difficult tasks of helping with toileting, bathing, and dressing. The sacrifice of these caregivers is not just personal time – it is the physical stress of caregiving, time lost toward their career, parenting their own children, or leading a healthy lifestyle.

Women are more apt to need care too. We live longer than men, are more predisposed to Alzheimer’s and dementia, and, in fact, typically need LTC for 1.5 years longer than men. But as widows, we are more likely to live alone, with no one to help with daily activities, and have less household income.

Here are three simple steps to help you prepare for these challenges:

1. Think about your life and the impact if you or a loved one would need care. Can you provide it without sacrificing your own career or financial well-being? Can you physically perform the tasks, or can you pay someone to do it for you?

2. Plan for LTC as a family. Talk with your spouse, siblings, parents, and in-laws. Have a group meeting with a financial professional versed in LTC planning who can provide planning options and facilitate the discussion.

3. Call us or visit www.marshlongtermcare.com and request a complimentary copy of Don Quante’s book, Don’t Go Broke in a Nursing Home, to start educating yourself on the many positive ways to solve the LTC challenge. Learn about veteran’s benefits, asset-based LTC solutions that also provide a death benefit for your heirs, and how to leverage the cash value in existing annuities or life policies for tax-free LTC.

LTC costs can derail the most carefully thought out retirement plan, so get started today – there’s no time to waste.

Marsh Wealth Management, LLC
1341 Branton Blvd, Suite 105
Knoxville, TN 37922
865-622-2162
admin@marshpros.com
www.marshwealth.com

Article Source: What every woman should know about long-term care, Lincoln Financial Group white paper, 2017.

Financial Planning & Investment Advisory Services are offered through Marsh Wealth Management, LLC (“MWM”), an independent investment advisor registered with the state of Tennessee. Yvonne Marsh is an Investment Advisor Representative of MWM in the state of Tennessee. Marsh Professional Group, LLC is a TN registered public accounting firm and a separate legal entity from MWM. For a detailed discussion of MWM and their investment advisory fees, see the firm’s Form ADV on file with the SEC at www.adviserinfo.sec.gov.

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Are Hidden Fees Hurting Your Investment Returns?

By Yvonne Marsh, CFP®, CPA

A recent TV commercial caught my eye where a young son asks his dad how his investment advisor gets paid, and the dad admits he doesn’t know.  The truth is, it’s hard to know!

So what is an investor to do?  Research your current investments, and know what questions to ask.  Here are a few tips:

  • For mutual funds, know what share class you own. Look at your statement and see what it says: CL A, CL B, CL C, or CL I after the mutual fund name.  This Class letter is how your broker gets paid – whether it’s a front-end purchase load (A share), a back-end sales load (B), or a C Share with no load but a higher, ongoing fee. Loads can range from 3% to 5.75%, so it’s important to know which ones you have.  Class I shares, used by flat-fee based advisors, don’t have loads.
  • Know what 12b-1 marketing fee you’re paying. Look up your mutual fund on an independent site, such as Morningstar.  Depending on your Class A, B, or C, it can range from .25% to 1.25%.  Class I shares don’t charge 12b-1 fees.
  • While you’re looking at your 12b-1 expense on Morningstar, also take note of the “expense ratio.”  That’s an operating expense charge and netted against the investment return.  Investing in low cost funds should be an important part of your strategy.
  • Look at the Schedule D on your tax return. How much capital gains and losses is your advisor creating?  If your broker is actively trading your account, it can really hit home at tax time.  Tax-managed mutual funds are an important part of an effective investment strategy.  The adage “It’s not what you earn, it’s what you keep” is very true.
  • Lastly, know whether your advisor works through a broker or registered investment advisor (RIA).  Brokers are held to a suitability standard of duty and are paid through commissions, loads, and 12b-1 fees. RIA’s are held to a fiduciary standard of duty. They are paid an investment advisorya flat fee based on your portfolio assets and don’t receive loads, commissions, or 12b-1 fees.

Want to know what fees you are really paying? Call today to set up your complimentary meeting.  We will give you a clear understanding of your current investments’ costs using third-party, objective software. consultation, or bring a friend and join us at our next Lunch ‘n Learn at Lakeside Tavern to learn more.

Marsh Wealth Management, LLC
1341 Branton Blvd, Suite 105
Knoxville, TN 37922
865.622.2162
admin@marshpros.com
www.marshwealth.com

Financial Planning & Investment Advisory Services are offered through Marsh Wealth Management, LLC (“MWM”), an independent investment advisor registered with the state of Tennessee.  Yvonne Marsh is an Investment Advisor Representative of MWM in the state of Tennessee.  Marsh Professional Group, LLC is a TN registered public accounting firm and a separate legal entity from MWM. For a detailed discussion of MWM and their investment advisory fees, see the firm’s Form ADV on file with the SEC at www.adviserinfo.sec.gov.

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No Long-Term Care Solution?

A man in his late 80s, suffering from both dementia and routine falls, could no longer be cared for by his wife in their home. Their only option available was a skilled nursing facility costing more than $70,000 annually. They had a small amount of savings, a modest home that was mortgage free, a small pension, social security, and no long-term care insurance. Since he is in good physical health, he may require care for several years. The wife’s only options are to deplete her savings and sell their home, leaving her with very little security should she require medical attention in the future.

Almost universal among seniors is the desire to maintain their independence and not become a burden to their children. And yet for seniors who have made no financial preparations and then later need assisted-living or long-term care, they could in fact become a burden to their families in both emotional and financial terms – far beyond what they might have imagined. Eroding the security of a surviving spouse and depleting their children’s retirement savings are just a couple ways that families are impacted.

Seven out of 10 people will need at-home care, assisted living, or full-skilled care, yet less than 20% of people have long-term care protection. Why? Conventional long-term care insurance costs have become excessive, with some premiums even doubling in just five short years. Also, you lose every dollar you pay into it if you never need it.

But there is an exciting and affordable alternative to conventional long-term care that is available for both individuals and couples called Asset Based Long-Term Care. Essentially, you make a one-time investment (or multiple payments) and receive a multiplied amount that can be used, tax-free, for long-term care costs. If you don’t use your insurance, the amount you paid plus interest can either be left to your heirs or withdrawn by you later in life. You can even use IRA money to fund your investment.

Is Asset Based Long-Term Care insurance right for you? To learn more, contact Yvonne Marsh, CFP®, CPA, at Marsh Wealth Management at 865-662-2162 today for a complimentary consultation.

Marsh Wealth Management
1341 Branton Blvd, Suite 105
Knoxville, TN 37922
865.662.2162
www.marshwealth.com

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FC Barcelona to Host Inaugural Soccer Camp in Knoxville

Global powerhouse FC Barcelona is bringing their expertise to the United States, specifically to Knoxville, courtesy of their partner Sporting Global. The FC Barcelona camp will be held June 18-22 from 8 am to 2 pm at the Sansom Sports Complex. Boys and girls between 6 and 18 years old are welcome to the camp. As many as 15% of the camp’s top players will be invited by FC Barcelona coaches to attend a week-long training clinic in Barcelona.

FC Barcelona partnered with Sporting Global to bring this exclusive opportunity for players to experience La Masia in their hometown. The FC Barcelona Camps work with their own unique model based on the Barca methodology from the youth teams right up until the first team, with a creative and attacking style of play and an indispensable transmission of values: Respect, humility, effort, ambition, and teamwork, with proven success that that has produced world renowned players such as Messi, Iniesta, Xavi, and Piqué.

Official coaches from FC Barcelona will travel to the U.S. to conduct the training sessions in Knoxville, enriching this exclusive opportunity. The Technical Director and the coaches will work hands on with the camp attendees to teach the same technical drills used in the unique Barca style. A coach from FC Barcelona will be running specific training sessions for goalkeepers.

The one-of-a-kind world-class FC Barcelona program currently has an international presence reaching all five of the world’s continents, with more than 40,000 participants spreading across 40 countries. Sporting Global will host camps across the U.S., including Memphis, Milwaukee, Minneapolis, Nashville, New Orleans, Knoxville, Oklahoma City, Santa Barbara, Tulsa, and Ventura County. It is anticipated that more than 200 players will attend the Knoxville camp.

For more information regarding the camps and to register, visit www.fcbarcelona.us. For information about Sporting Global, visit www.sportingglobal.net.

Sporting Global
www.sportingglobal.net
www.fcbarcelona.us

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Your Biggest Financial Threat in Retirement Might Surprise You

By Yvonne Marsh, CFP®, CPA

While most retirees worry about stock market downturns, an even bigger financial threat is an unexpected health event that Medicare doesn’t cover. The average cost of home health care and assisted living is more than $40,000/year and a full-skilled care facility is more than $70,000/year. This retirement planning decision is truly a family one – if you don’t make plans to cover these costs, the burden falls to your adult children, who are trying to save for their own retirement and their kids’ education. That is not a scenario anyone wishes for their children!

Several options exist to pay for home health and long-term care costs:

1. Self-insure and rely on family members
Pros: If you never need long-term care, you haven’t spent money on unnecessary premiums.
Cons: A couple’s funds can be depleted providing care for the first spouse, leaving the second spouse with few options. Additionally, the psychological and physical toll on the caregiving spouse is significant.

2. Let my money run out and rely on the government
Pros: Minimal cost.
Cons: Medicaid requires you to be impoverished and gives you little control over the facility in which you will live. It does not cover home health or assisted living.

3. Use traditional long term care insurance
Pros: Annual premiums provide insurance benefits for a variety of home health, assisted living, and skilled facilities.
Cons: Premiums do increase over time, and it has the “use it or lose it” stigma of paying for something you may never use.

4. Asset-based long term care insurance
Pros: This is, by far, my favorite option. It allows you to reposition a portion of your savings into a type of life policy that provides a multiplied amount of your investment, tax-free, if you need long-term care. And there is no “use it or lose it” – your investment simply turns into an inheritance for your heirs, or you can even cancel the policy and request your money back.
Cons: Need to have the necessary investment minimum of $35,000 already saved, though a 10-year payment plan is available.

There is even insurance available for people who already need long-term care and are afraid they will run out of money. As a financial planner, my job is to protect my clients’ financial lives. Get started today – call my office to schedule a complimentary conversation. Your family will thank you.

Marsh Wealth Management, LLC
1341 Branton Blvd, Suite 105
Knoxville, TN 37922
865.622.2162
admin@marshpros.com
www.marshwealth.com

Financial Planning & Investment Advisory Services are offered through Marsh Wealth Management, LLC (“MWM”), an independent investment advisor registered with the state of Tennessee. Yvonne Marsh is an Investment Advisor Representative of MWM in the state of Tennessee. Marsh Professional Group, LLC is a TN registered public accounting firm and a separate legal entity from MWM. For a detailed discussion of MWM and their investment advisory fees, see the firm’s Form ADV on file with the SEC at www.adviserinfo.sec.gov.

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Marble City Petsitting

The Benefits of Using a Pet Sitter

Americans have a love affair with their pets as evidenced by the approximately 80 million homes in our nation that own dogs, cats, and other pets.  Their unconditional love and loyalty earn a special place in our hearts and our families.

Our affection for our pets is often complicated when we travel and are confronted with the choices of how or where to board them.  Our choices are a boarding kennel, a friend or relative’s home, or pet sitters.

Benefits of an at-home pet sitting service include remaining in a known safe and secure environment and being surrounded by familiar sights, sounds, smells., and routines. A successful at-home pet sitting experience is largely dependent on the quality of the pet sitter you select.  That’s precisely why local entrepreneurs and friends, Miriam Wilson and Katharine Karter, launched East Tennessee’s premier at-home pet sitting service.

“We have combined our nearly four decades of veterinary and practical experience to offer pet owners a level of expertise not often found in at-home pet sitting services,” said Miriam.  “I have a degree in Veterinary Technology from LMU, and my experience has included intensive care, emergency, teaching, radiology, kennel, and general practice. Katharine’s expertise is  in the areas of kennel management,  cat rescue, and bird care.”

Marble City Petsitting is not only unique in the love they share for your pets. Miriam and Katharine’s veterinary experience allows them to respond proactively to unforeseen situations that can occur while you’re away from home.  Services they provide include:

» Routine pet care

» Walking, exercise & playtime

» Transportation (vet, grooming, bathing, training appointments)

» Liaison (vet, groomer, bather, trainer)

» Field trips (dog park, pet store, training classes, play dates)

» Nail trims

» Belly rubs & companionship

» Puppy support : playtime, exercise, socialization, training

» Prescribed medications & treatments

» Emergency support

» The not-so-routine special care you provide and want  duplicated while you are away: Katharine and Miriam have walked dogs at sunrise, injected medications into blueberries that had to be tossed and caught, tucked dogs in with stories or Animal Planet channel, sent short clips of cats chasing a laser, walked cats on harnesses, comforted dogs who are afraid of thunder, and all that comes with pet life, from neonatal  to hospice care.

If an upcoming trip, vacation, or other plans call for an at-home pet sitter, trust the service that combines decades of veterinary nursing and kennel experience with a level of care for your dog or cat that is second only to your own.

Marble City Petsitting

865.919.4325

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Gent Heating & Cooling

“Comfort Promised… Comfort Delivered!”

By Shane Gent, Owner of Gent Heating & Cooling

The choices you have available to you when you require the assistance of a heating and cooling contractor are likely far more than you might have imagined. But if years of service, training, and experience matter – and they should – the available field narrows rather quickly.

With energy costs skyrocketing, efficiency should be your number one priority. That’s why you should select a qualified heating and cooling contractor with the years of training and experience needed to help you to achieve your HVAC system’s optimal performance.

Every heating and cooling contractor can make your home’s HVAC system respond to signals from your thermostat. But sadly, that’s the highest level of service and efficiency that many customers experience.

With 30 years of experience, Gent Heating & Cooling provides an unprecedented level of customer service that most home and business owners no longer thought existed. We are a full-service company that will maintain your system to operate at its maximum efficiency, provide fast, courteous, and affordable repairs, and replace your existing HVAC when necessary with a new, state-of-the-art, high-efficiency unit that is guaranteed for up to 10 years.

In addition to maintaining your system to operate at its peak efficiency, thereby lowering your energy costs, Gent Heating & Cooling has the expertise in replacing your old and worn out HVAC system. We offer you a wide variety of cost-effective choices, including Trane, Carrier, and Amana, in addition to the all-new comfort solutions from Mitsubishi Electric that offer incredible efficiency, zone control, and air quality. Our Bosch geothermal heat pumps offer the ultimate in Eco-friendly systems. This technology uses the relatively constant temperature of the earth (thermal energy) to provide heating, air conditioning, and hot water. Our backup generators from Honeywell can provide the backup power needed for those unexpected power failures, available in both natural gas and propane models.

Many homes and businesses today, which are equipped with older, less efficient HVAC systems, can significantly reduce their energy costs when replacing these units with today’s high-efficiency units. In fact, it’s possible to reduce energy costs by as much as 50% depending on the age of your existing unit and the new replacement unit you select, allowing you to recover your investment in far less time than you might have imagined.

If you’re tired of rapidly increasing heating and cooling costs, or if your current HVAC system just isn’t operating as well as it used to, then I invite you to experience the Gent Heating & Cooling difference. Call to schedule your no-obligation, in-home consultation today.

Gent Heating & Cooling
865.247.5092
www.gentheatandcool.com

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Pinnacle Assisted Living

“She Just Liked to Have Her Nails Done”

Family members faced with the difficult decision of selecting an assisted living community for a loved one often discover that this experience can become one of the most challenging decisions of their lives. When we genuinely care for someone that requires the additional and much needed care that is unavailable at home, we often begin searching for a senior assisted living community that is both safe and can provide for our loved one’s current and future needs.


Pinnacle Assisted Living in West Knoxville near Lovell Road and Pellissippi is Senior Solutions Management Group’s newest community specializing in providing highly personalized care for each of its residents. Their trained and experienced care staff is available 24 hours a day.


“Each member of our care team was hand selected,” said Leslee Wilkinson, Pinnacle Assisted Living Executive Director. “Experience was important, but they must have a heart for their chosen profession and for each of our residents. I would trust each of our care team members with my parents.”



Pinnacle Assisted Living, which opened last month, is a beautiful, state-of-the-art senior living community located in a peaceful setting in West Knoxville. It features a community center that provides for resident dining, enriching activities, social programs, and a variety of other activities. Amenities include large, private and companion-style suites, zero entry showers, homestyle cooking and dining, medication management, emergency response system, beautifully landscaped courtyards, housekeeping, linen, and laundry services, safe and secure 24-hour staffing, beauty and barber salon, on-site therapy, and respite care.

“The service we provide extends far beyond our physical spaces,” said Leslee. “Your loved one is a member of our family as well. We enjoy learning about your family member, because we have a heart for each of our residents. And we enjoy spoiling them.”

“One of our residents was somewhat withdrawn,” said Christina Hampton, Community Relations Director. “But with time and patience, we discovered that she enjoyed having her nails done. It was truly amazing to see how this simple gesture transformed her and lifted all of our hearts.”

“It’s been said that people don’t care how much you know until they know how much you care,” said Leslee. “At Pinnacle Assisted Living, you will discover the quality of life experience that is second only to your own home.”

To learn more, call 865-444-1451 or visit www.pinnacleknoxville.com.

Pinnacle Assisted Living
10520 Waterville Lane
Knoxville, TN 37932
865.444.1451
www.pinnacleknoxville.com

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New Tax Law Strategies

By Yvonne Marsh, CFP®, CPA

Updating financial and tax strategies are always important, but with the implementation of the Tax Cuts and Jobs Act in 2018, it is essential. The biggest change for all taxpayers is the increased standard deduction to $12,000 for singles and $24,000 for joint filers. The additional $1,250 for ages over 65 remained.

Consider grouping your itemizable expenses into one year so that every other year there are enough expenses to itemize.  For example:

Medical Expenses Itemization

If possible, have medical procedures concentrated into one tax year.  For 2017 and 2018, the threshold for itemizing medical expenses was reduced to 7.5% of Adjusted Gross Income.  In 2019, it returns to 10% of AGI.

Property Taxes

Pay two years of assessed property taxes in one calendar year.  The deduction for all taxes paid – state and local property and income taxes – is now limited to $10,000.

Charitable Giving

» Concentrate your charitable giving into alternating years.

» Establish a donor-advised fund. It is an easy process to set up your own charitable fund with as little as $5,000. Donate to it every other year to group your itemized deduction and have the fund disburse its charitable gifts evenly every year. You can make gifts of as little as $250.

» Qualified Charitable Distributions (QCDs) become imperative for those over 70½ taking Required Distributions (RMDs).  Direct your IRA custodian to disburse some portion of your RMD directly to your charity/church to exclude that amount as taxable income.

The new law also changed the “kiddie tax” rates so that investment income earned by minors will be taxed at Trust tax rates – a whopping 37% tax once investment income reaches $12,500.  You may think this doesn’t matter to you, but think again. I often see IRA beneficiary forms set up incorrectly so that a minor could ultimately inherit an IRA.  And, you guessed it – it’s considered investment income that is subject to these new rates.  Now is the time to review all of your pre-tax account beneficiary forms.

If your current advisor isn’t talking with you about these important changes, talk with us instead.  Call, email, or visit our website to schedule a complimentary meeting today.

Marsh Wealth Management, LLC 

1341 Branton Blvd, Suite 105
Knoxville, TN 37922
865.622.2162
admin@marshpros.com

Financial Planning & Investment Advisory Services are offered through Marsh Wealth Management, LLC (“MWM”), an independent investment advisor registered with the state of Tennessee.  Yvonne Marsh is an Investment Advisor Representative of MWM in the state of Tennessee.  Marsh Professional Group, LLC is a TN registered public accounting firm and a separate legal entity from MWM. For a detailed discussion of MWM and their investment advisory fees, see the firm’s Form ADV on file with the SEC at www.adviserinfo.sec.gov.

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