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.
Addressing what we should do with our retirement accounts is not usually our highest priority when life changes occur. For many of us, it’s easy to start an account and leave it as is while we move on in our careers and lives.