Many don't realize, but yes, an asset can be sold and you can avoid Capital Gains tax by leveraging an Intentionally Defective Grantor Trust, also known as an IDGIT. An IDGIT is a strategy for family businesses who want to keep the company in the family, with no interest in [...]
Our clients are among the wealthiest people in the country. Every one of them has a net worth that exceeds the current lifetime exemption amount and, therefore, fall into the category of the 1%’ers. In, Why Business Owners Need to Diversify Away from Their Operating Business and How to Do It, Jeff Faulkner, explains [...]
Individuals and families spend a lifetime accumulating wealth but often lack the scale to navigate global markets and stay in front of state-of-the-art investment portfolios. For this reason, business owners and those who want to protect their wealth must have personal financial planning as part of the future planning of [...]
Do you have an investment plan right now? Are you confident it is the right one in place? What if you do not have one in place? No matter how you came into your money, managing your wealth can be a challenge. The decisions you make NOW and over the [...]
Do you have an investment plan right now? Are you confident it is the right one in place? What if you do not have one in place? No matter how you came into your money, managing your wealth can be a challenge. The decisions you make NOW and over the [...]
A wealth manager has the tremendous responsibility of managing the fruits of your labor. They are responsible for protecting your wealth while also helping ensure you achieve the financial future you desire for yourself and your family. This requires a wealth manager with whom you have a personal relationship and [...]
With a change in the President, comes changes in estate tax law. This can provide short term opportunities, as well as a lot of speculation looking into the future. As such, there are many questions and what ifs. To help navigate this unknown environment we have asked our good friends [...]
2021 feels a lot like a Perfect Storm. A pandemic, political and social unrest, and economic turmoil. Depending upon when you watch this, you may be fretting about how the election will affect your asset portfolio and estate planning. David Weaver shares different estate planning opportunities to consider as well as a few "Gotcha's" [...]
A common question we hear is “When Should I gift to the Next Generation?” A simple and obvious answer is “when you’re ready.,” However, there are many nuances to consider based upon your situation. In this episode of the “Planning Post Pandemic and Political Unrest: What’s in It for Me,” [...]
If there is one thing 2020 has taught us, it is that every year has its unknowns. The global pandemic, social unrest and an election of 2020 are extra, but you could easily replace these unknowns with an unexpected divorce, marriage, or new business partner. Either way we are frequently [...]
