Preserving Generational Wealth: What to Know About Family Trusts
Families that have worked hard to build wealth want to share that success with their children, grandchildren, and beyond. When it comes to building that kind of generational wealth, a family trust is a great place to start. Family trusts are a key tool for managing wealth carefully over multiple Read more…
Understanding Equity Compensation and Incentive Plans
Equity compensation plans come in multiple forms, including stock options, restricted stock units (RSUs), and employee stock purchase plans. Each is designed to give employees a direct stake in the financial success of their companies, and hopefully to provide additional monetary benefits beyond Read more…
Smart Tax Strategies, Return Tips and Mistakes to Avoid with Equity Compensation
One of the most powerful advantages of equity compensation is that equity awards typically offer ways to defer or minimize taxes. But making the most of stock options, restricted stock units and other types of equity compensation requires smart tax planning—otherwise, you could end up with a Read more…
Estate Planning for Dummies: 10 Helpful Estate Planning Tips
The rule is simple: If you own assets of any kind, you should make an estate plan. Estate planning isn’t just for the ultra-wealthy or older generations — it’s a crucial component of your complete financial plan. In this blog, we’ll share 10 estate planning tips to prepare you and your family for Read more…
What is the Difference Between an Estate Plan, a Will and a Trust?
You’ve likely heard it before. Regardless of health, wealth, marital status, or parenthood, everyone should think about estate planning. Most people beginning the process of estate planning – and those who have already created their estate plan - know that wills and trusts are both important Read more…
The Guide to the Estate Documents You Need to Have
While it may be a challenging subject to approach, we all know that eventual death is a certainty. What will happen to our house, cars, bank accounts, retirement plans, and other personal belongings when that occurs? What if some or all these items have outstanding debt? What if they don’t? And who Read more…
Estate Planning Pros: How to Choose an Executor for Your Estate
So, you’ve decided to put together your estate plan. That’s great! Often considered just for the ultra-wealthy or older generations, estate plans are a crucial component of a complete financial plan. An executor and team of estate planning professionals are a few essential pieces of an estate plan. Read more…
Tax Implications of Moving from State to State
What are the tax implications to consider if you’re moving from one state to another? Each state has a unique set of taxes, such as property, sales, estate or inheritance, and income tax, that apply to its residents. The Tax Cuts and Acts Job put a $10,000 limit on the state and local tax Read more…
How the SECURE Act Impacts Your Financial and Estate Planning
After a bumpy road for the new retirement bill in Congress, the SECURE Act came into effect on Jan. 1. Also known as the Setting Every Community Up for Retirement Enhancement Act, the law is one of the most comprehensive pieces of legislation to reform retirement savings. Read more…
