Transferring assets between spouses at the time of one spouse’s death should be a simple matter. Unfortunately, potential estate tax implications, creditor claims and probate proceedings can make the process…
AdvicePeriodSeptember 21, 2023
Trusts are a strategic way to pass significant assets to your heirs. They can ensure privacy, minimize estate taxes, provide control over how assets are distributed and more. But the…
AdvicePeriodAugust 15, 2023
As you plan ahead for retirement, you’ll want to work with your wealth advisor on a tax-efficient strategy for withdrawing income from various retirement accounts. One of the first steps…
AdvicePeriodJuly 17, 2023
Divorce is always painful, but for the wealthy, calling it quits can be especially complex from a financial standpoint. High-net-worth couples must assign valuations to substantial assets—which might include businesses,…
AdvicePeriodJune 20, 2023
When it comes to the tax-free transfer of wealth, we’re living in a golden era. Single individuals can move $12.92 million and married couples can move $25.84 million1 out of…
AdvicePeriodApril 18, 2023
If you’re expecting an inheritance soon, it likely means you’ve lost someone important to you. Anticipating a windfall while grieving is part of what can make inheritance complicated. To make…
AdvicePeriodFebruary 16, 2023
Many taxpayers are eager to reap the full benefits of charitable giving for the 2022 tax year but are concerned they won’t be able to pinpoint the causes they’d most…
AdvicePeriodNovember 17, 2022
With the end of 2022 just around the corner, it’s a good time to meet with your wealth advisor to review your financial picture. That review includes reviewing your investment…
AdvicePeriodNovember 17, 2022
Paying off a mortgage early has always been an enticing idea: It frees up monthly cash flow, slashes the amount of interest you’d pay over the lifetime of the loan…
AdvicePeriodOctober 24, 2022
