We find ourselves on the cusp of the largest wealth transfer event in history as baby-boomers begin to see their wealth passed down to the millennial generation. It’s estimated 45 million households in the U.S. will transfer $68 trillion of wealth over the next 25 years
Building wealth involves hard work, dedication and discipline. Spending your wealth and distributing it is often more complex and requires careful planning. So, what is the ideal time to think strategically about wealth distribution?
Finding the right balance of stocks, bonds and other assets to help you achieve your goals can feel elusive.
Few would embark on a journey without a clear set of directions. Having direction is important. It gives us the security of knowing we’re on the right path.
On Dec. 22, 2017, the Tax Cuts and Jobs Act of 2017 (the act) was signed into law. Hailed as the largest tax reform law since the Reagan Administration, the act makes significant changes to personal income tax rates, deductions and exemptions, while effectively doubling the estate tax exemption.
Financial transitions come in many forms: selling a business, death or divorce, inheritance or a windfall like the example mentioned.