Learn why the retirement fund minimum distribution waivers allowed by the CARES Act have tax implications for 2020 tax filings of retirees and their beneficiaries.
How the Stepped-Up Cost Basis Can Benefit Your Heirs
Capital gains taxes can limit the money left to heirs after selling off stocks. Learn how the stepped-up cost basis rule reduces these taxes.
Lowering a Tax Burden Through Stock Donations
Donating appreciated stocks can provide numerous benefits. Learn how this charitable gift can reduce your tax burden.
Asset Allocation Trends During the COViD-19 Pandemic
Some asset allocation trends have emerged in light of COVID-19’s effect and projected impact on the economy—but learn why comprehensive, individualized planning remains essential.
The 5 Traits of a Top Wealth Management and Investment Advisor
Receiving world-class financial advice relies on specific, crucial professional qualities. Learn what they are:
The Basics of Investment Liquidity
Learn about high and low liquidity levels and what each could mean for your current and future portfolio decisions. Think of assets as ice and money like water, and you’re getting the gist of liquidity.
The Risks Involved in Maintaining Intergenerational Wealth
A history of wealth is no guarantee that it will survive the next generation. Know the risks to create more durable assets. The greatest wealth transfer in history is afoot. The next decade will see around $68 trillion passed from one…
Are Concentrated Assets More Risk than Reward?
Many wealthy individuals hold concentrated asset positions, but this strategy requires great risk awareness. Concentrated assets rightly set off some alarm bells by challenging the golden rule of diversification.
The Difference Between Restricted and Controlled Stock
Securities can take various forms, and each has certain benefits, drawbacks, details, and applications. Knowing the difference…
Active vs. Passive Investing: The Pros and Cons
How close should an investor’s finger be to the pulse of their assets? As always in wealth management, the answer relies heavily on the individual’s circumstances and preferences alongside some tried and tested practices.