Wealth Transfer

7 Gifting Ideas for Your Wealth Transfer Plan

Wealth Transfer Planning 5 of 6 In wealth transfer planning, we often think of how we want to distribute our assets upon death. But what is sometimes overlooked is the opportunity to give assets away prior to death, which, in some cases, may be a better way to meet your goals and objectives. Not only… Continue reading 7 Gifting Ideas for Your Wealth Transfer Plan

Retirement Planning

Proactive Tax Planning 6 of 6

CASE STUDY: Proactive Tax Planning Strategies Over the course of the last couple weeks, we have shared several proactive tax planning strategies that one might use in planning their financial future. Today we will share an example of how one couple might implement these strategies based on their personal values, vision and wealth. This is… Continue reading Proactive Tax Planning 6 of 6

Uncategorized

Proactive Tax Planning 5 of 6

3 Ways Charitable Remainder Trusts Provide Tax Advantages A charitable remainder trust can serve many purposes in one’s financial plan. Clearly, you have to be charitably inclined, as there is an irrevocable charitable component to this strategy. But in addition to helping out your favorite charity (or charities), you get several big tax advantages from… Continue reading Proactive Tax Planning 5 of 6

Wealth Transfer

5 Ideas For Gifting Non-Retirement Assets

At some point in your life, if you have accumulated assets, you may consider using your wealth to help others. Whether that’s a child, a parent, a friend or a charity, there can be great emotional reward in making a wealth transfer to someone, or something, in need. Two weeks ago we talked about making… Continue reading 5 Ideas For Gifting Non-Retirement Assets

Wealth Transfer

4 Things to Know About a Qualified Charitable Distribution (QCD)

For those who have reached the age 70 milestone with taxable retirement dollars set aside, the IRS is knocking on your doorstep for some taxes to finally be paid on distributions they require you take. In their eyes, you’ve deferred taxation on these savings long enough, and it’s time to start taking this money and… Continue reading 4 Things to Know About a Qualified Charitable Distribution (QCD)