In my experience working with owners of family farm operations, one of their biggest concerns is transferring ownership in the family business in a tax-efficient manner that will minimize any potential estate and income taxes. As the majority of a ...Read More »
President-elect Donald Trump has proposed wide-ranging changes to the nation’s tax system, which will affect virtually all Americans and their advisors. Estate planners in particular face a dramatic potential impact on their practices. Potential for federal estate tax repeal Trump ...Read More »
All investments and the earnings on those investments are not created equal. To understand the impact that taxes will have on your investments, you first need to understand what type of income the investments generate. In this article, we will ...Read More »
Roth IRAs are appealing to many high net-worth individuals because unlike traditional IRA distributions, Roth IRA distributions are tax-free in retirement if certain conditions are met. Roth IRA rules can be restrictive based on the income limitation rules that apply. ...Read More »
The United States Supreme Court’s ruling in Obergefell v. Hodges means that it is now unconstitutional for states to ban same-sex marriage. This ruling affords professional advisers an opportunity to review and update clients’ financial and tax plans. The details ...
Tagged with: Keeping Your BalanceRead More »