Quick Summary of the One Big Beautiful Bill Act for Affluent Households The One Big Beautiful Bill Act ("OBBBA") permanently extends many provisions from the 2017 Tax Cuts and Jobs Act that were set...
Fiduciary Responsibility: What It Really Means and What Conflicts Remain
Quick Answer: What Is Fiduciary Responsibility In Plain English? Fiduciary responsibility is a legal and ethical obligation that requires a financial advisor to put your interests ahead of their own...
529 Superfunding Rules: How the 5‑Year Election Works
What Does "Superfunding" a 529 Plan Really Mean? Superfunding a 529 plan is, at its core, doing five years of gifting at one time. Instead of making annual contributions to a beneficiary's education...
Investing in Retirement Is Different – Here’s How to Think About the Shift
Building wealth and living off it are two different jobs, and your portfolio likely needs to change when the job does. During the accumulation years, the priority tends to be growth. Time is...
When Do I Collect Social Security? Timing Your Benefits for a Long, Happy Retirement
For many older Americans with substantial assets, the question is not simply “when do I collect Social Security?” It is: “When should Social Security become part of my retirement income, how much...
How Much Money Do You Need in Retirement?
There is no single “right” retirement number. What you need to retire depends on your desired retirement lifestyle, retirement age, life expectancy, tax situation, and legacy goals—all of which can...
Medicare for High-Income Near-Retirees: What Wealthier Households Need to Know Before Age 65
Medicare is not free. For households with considerable wealth approaching retirement, this reality can hit harder than expected. Medicare beneficiaries with incomes above $109,000 for individuals...
Gifting Business Ownership: A Practical Guide for Family Business Owners
Key Takeaways: Business gifting transfers ownership to the next generation without a traditional business sale, which is more likely to preserve culture and community impact The annual exclusion...
Wealth Management Q&As
Wealth Management is more than investment management. It considers the larger picture. While your investments are critical to your success throughout retirement, it is also important to understand how your taxes, finanical plan, estate, and insurance can affect both your overall situation. Do you know when you should begin collecting social security to maximize its benefit? Have you followed the necessary steps to help your assets pass efficiently to your heirs, avoiding probate? If 529 plans are applicable to you, have you considered 529 plan superfunding or how to maximize 529 plan tax advantages? Our wealth management Q&As consist of popular topics among our clients and are not limited to investment management.