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5 Considerations When Loaning Money to Others

Life throws us curveballs. And sometimes, we need help after striking out. I’ve come across a few situations recently where I was asked to give advice on how a private loan could work. For the people I work with, their willingness to help a friend or family member is both natural and commendable. I work… Continue reading 5 Considerations When Loaning Money to Others

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Lessons From Ruby: Raising Charitable (Grand)kids

If you watch Good Morning America regularly1, or are an avid Facebook user, you may have stumbled across Ruby Kate Chitsey by now. Her story has gone a bit viral. Ruby is an amazing 11-year old whose story connected deeply with me, not just because I also have an almost 11-year old, but because I’m willing to bet Ruby’s generosity was a learned… Continue reading Lessons From Ruby: Raising Charitable (Grand)kids

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

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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