Exploring Common Wealth Transfer Strategies

Reading Time: 3 minutes The process of transferring wealth from one generation to another is a delicate and impactful decision, and there are several strategies that you can pick from to do so. Research shows that 70% of family wealth is lost by the second generation,...

Bonds, Inflation, Stock Markets, and Turmoil

Reading Time: 3 minutes Most can acknowledge that the world of finance and investments can sometimes seem very confusing. However, if we look closer, patterns, especially in areas like inflation, stocks, bonds, and global events, can come up. It’s crucial for...

Future Estate and Gift Tax Exemption Changes

Reading Time: 3 minutes The 2017 Tax Cuts and Jobs Act (TCJA) increased almost twice the lifetime estate and gift tax exemption. It elevated the individual exemption from $5.6 million to $11.18 million. It raised the exemption for couples from $11.18 million to $22.36...

Choosing Retirement Plans as a Business Owner

Reading Time: 3 minutes Retirement plans are crucial considerations for business owners. The SEP IRA and Solo 401(k) are two popular options to explore. It is essential to compare the advantages and disadvantages of each retirement plan. The ideal plan depends on...

How Important is Pre-Transaction Planning for Personal Finances?

Reading Time: 2 minutes Business owners and executives are known to invest numerous hours evaluating options, modeling potential deals, and considering outcomes before engaging in a transaction. The success of a deal, whether it be a merger, acquisition,...