Updates & Thought Leadership

5 minutes read

Stock Compensation Strategies: How to Balance Risk and Achieve Tax Efficiency

Many corporate executives receive stock as part of their total compensation package. This not only helps align personal goals and company objectives while rewarding top talent with appreciable assets, but many executives enjoy tying their finances, in part, to their employer. They believe in their c...

5 minutes read

10 Tax Proposals that Could Impact Affluent Families

On the campaign trail and now in office, President Biden has promised to enact new tax legislation aimed at making sure wealthy Americans “pay their fair share.” To that end, a number of legislative proposals are currently working their way through the House Ways and Means Committee. Those proposa...

6 minutes read

Insurance Insights: Using life insurance to transfer wealth

Good estate planning answers three key questions: Where does your stuff go? Who is in charge? And what are the rules? Life insurance can be one of the most tax-efficient ways to answer these questions because it can limit tax exposure while protecting and facilitating generational wealth. Here’s a l...

4 minutes read

10 Interview Questions to Ask Your Financial Advisor

Ask the Right Questions Not all financial advisors are the same. Asking the right questions can help you find the right advisor for your specific goals. However, you may not be aware of what questions to ask or even what a good answer would be. You may find this concise s...

4 minutes read

Inflation: Responding Appropriately with Flexibility and Discipline

Inflation is a hot topic these days with many experts and financial institutions offering predictions about the short- and long-term outlook. The truth is, no one can tell the future, and trying to guess our way around what will or will not happen is poor financial planning. Instead, let us take an...

2 minutes read

For the 99.5 Percent Act

On March 25th, Senator Bernie Sanders introduced the “For the 99.5 Percent Act.” This proposal has the potential to represent a significant reduction in the gift and estate tax exemptions that are currently available. Families that were not previously subject to those taxes could now be impacted. If...

8 minutes read

Financial Planning for a Biden Presidency

Following the 2020 election, Biden is in the White House and Democrats hold the majority in Congress. While it’s a 50/50 split in the Senate, Vice President Kamala Harris can act as a tie-breaking vote, giving Democrats more leverage to pass legislation. With this current makeup, the likelihood of n...

3 minutes read

2021 Proposed Tax Changes

It’s hard to believe we are already several weeks into 2021! Here is a quick review of the current balance of power in Washington: Democrats have secured a slim majority in the house, split the senate 50/50 with Kamala Harris serving as the tiebreaker, along with a Biden presidency. So what does t...

2 minutes read

Opening the back door to tax-free earnings

As covered in our 401(k) – Super Roth article, a Roth IRA offers an attractive tax benefit. But, what do you do if you do not have a 401(k) or your 401(k) does not allow post-tax contributions? The answer is the BackBack-Door Rothdoor Roth which is the conversion from a Traditional to a Roth IRA. B...