Asset Protection Trusts: Not Just for the Super Wealthy
The Spousal Limited Access Trust (SLAT) is mostly used to transfer assets out of the donor’s taxable estate yet provide “limited” access to the donor’s spouse and other beneficiaries. Not just for the super-wealthy, the SLAT also affords hefty asset protection benefits. Consider this technique if you feel the need to set aside a nest egg, free from the claims of creditors.
Preparing for the planned sunset of the Tax Cuts and Jobs Act
Planning Perspectives is your guide to navigating the complexities of wealth management with ease. This week we discuss the Tax Cuts and Jobs Act.
5 Actions to Take Ahead of 2025 Tax Law Sunset
The Tax Cuts and Jobs Act of 2017 (“TCJA”) brought numerous changes to the tax code including reduced individual income tax rates, significant increases to the standard deduction, and doubling of the estate tax exemption. The legislation also has a sunset provision, meaning many of the changes are set to expire at the end of 2025.
Five Key Retirement Strategies – How to Ensure You Won’t Outlive Your Retirement Savings
Securing a comfortable retirement requires thoughtful planning and strategic financial decisions. To ensure you won’t outlive your retirement savings, consider these five crucial tips.
Living a Fulfilling Life in Retirement
Consider these four steps when transitioning to your new phase of life in retirement.
How to Segregate your Investment Portfolios into Buckets
Prior to retirement, our investment portfolios, and all the assets in it, generally all have one purpose: to grow. As we enter retirement, we have to adjust to spending our assets to support our lifestyle.
Shaping Women’s Futures Through Strategic Planning and Empowerment
The complex landscape of life’s major events—career changes, marriage, childbirth, divorce, and the loss of a loved one—should prompt women to reevaluate and amend their wills, trusts, and overarching financial plans. These milestones are not merely checkpoints; they represent critical junctures where thoughtful, reimagined planning is paramount.
WEBINAR: Retirement Planning – Change Your Thinking to Better Prepare
Having a sound financial plan for retirement is paramount, but additional preparation for this important milestone in your life is also wise. Emotional, social, and income source considerations are just as crucial as your financial plans.
WEBINAR: Retirement Planning – Change Your Thinking to Better Prepare
Having a sound financial plan for retirement is paramount, but additional preparation for this important milestone in your life is also wise. Emotional, social, and income source considerations are just as crucial as your financial plans.
Navigating the Future: Key Changes Reshaping Company Retirement Plans in 2024
The landscape of employee retirement planning is undergoing transformative changes. The Employee Retirement Income Security Act (ERISA) is at the heart of this evolution, introducing pivotal themes that promise to redefine the retirement planning horizon for millions of workers. Let’s explore some key themes for 2024, each designed to enhance the retirement readiness and financial security of the average employee in an ever-changing world.
Securing Tomorrow: Women’s Roadmap to Financial Confidence
Exploring the interaction between retirement, education, and real estate is vital in financial planning especially for women. Early and ongoing financial education is crucial for managing both current and future needs effectively. A recent Bryn Mawr Trust study highlights the importance of strategic planning in addressing the impacts of career changes, educational progress, and residential moves on women’s finances. Understanding these factors enables women to make informed decisions that support their life ambitions and financial security.
Planning Perspectives — Avoiding Retirement Roller Coasters
With proper planning, retirement doesn’t have to be a psychological roller coaster ride.