Affluent families with considerable wealth often face significant estate tax liabilities upon the death of a family member. To mitigate this risk, many wealthy families turn to permanent life … [Read more...]
Wealth Management Blog Posts
Discovering the Joy of Philanthropy: How Wealthy Families Can Make a Lasting Impact
Wealth only has four destinations: You can spend it, give it to heirs, give it to charity, or give it to the government. Author Morgan Housel has observed, "Wealth is what you don't spend." Wealthy … [Read more...]
How Ultra-Affluent Families Reduce Their Taxes
High-net-worth families cannot afford to overlook an important fact: Wealth compounds after taxes. Taxes can impact wealth as much as investment returns or fees. Wealthy families may want to reduce … [Read more...]
How a Generation-Skipping Trust Can Benefit Your Family
As a business owner, you've worked hard to build your wealth and create a successful business. But have you considered how to maximize the after-tax value of your wealth for future generations? A … [Read more...]
The Top 10 Things Wealthy Families Do to Stay Wealthy
When someone becomes wealthy, such as through a successful family business or by working for a company that goes public, they can often assume all their problems will disappear now that they’ve “made … [Read more...]
Protecting What’s Yours (After You Pass)
Fact: When you pass, you will leave behind an estate, and somebody will need to settle it. Your estate may be worth a little or a lot, but there’s no escaping death and taxes. So why do so many … [Read more...]
Is Inflation Haunting Your Financial Dreams? Part 2: What We Can Do About It
In our last piece, we covered the recent uptick in inflation, and what to make of it in a historical context. For investors, it’s important to take a step back and look at the big picture before … [Read more...]
Is Inflation Haunting Your Financial Dreams? Part 1: What We Know
Has the specter of inflation got you spooked? Recent headlines are filled with sightings. In this two-part series, let’s take a closer look at what to make of all the commentary, and what you can do … [Read more...]
Is Converting Your Traditional IRA or 401(k) to a Roth IRA Right for You?
A Roth IRA conversion refers to moving part or all of a traditional IRA or 401(k) to a Roth IRA. It may also be possible to convert a traditional 401(k) to a Roth 401(k), depending on plan design. At … [Read more...]