“Off the Wall” Blog
Optimize My Taxes
If wealth and taxes are not your expertise, you may be feeling a bit overwhelmed and in the dark. Studies show that as individuals come into newfound wealth, stress levels tend to rise as they wonder, what am I missing? Am I doing everything I can to protect and build my family’s wealth? That’s where tax-efficient strategies come into play.
Just because you have money, doesn’t mean you want it to be handled inefficiently. Understanding how to optimize your wealth for tax efficiency is a major concern that we address in a comprehensive Private Wealth Design, talking plainly and honestly with our clients, dispensing with Financial Advisor B.S. and jargon.
Articles on Optimizing Taxes
Is life insurance worth it? Don’t think twice.
Think life insurance is a complete waste of money? You’d be dead wrong. The truth is, when planning over the course of a lifetime, an insurance policy is an irreplaceable component of your financial...
Tax strategies 101: 5 concepts to implement before end of year
As you may have noticed, 2020 is coming to a close. We’re with you, we thought we’d never get here either. It’s been a tumultuous time (particularly for investors) as economic forecasts have...
Biden’s tax proposals: what you need to know
After what felt like an endless presidential campaign, we now have a President-Elect. (I know, it’s not official yet… but let’s keep this a politics-free zone.) Of the many changes facing the nation...
Are Medicare premiums deductible? Why the answer might surprise you
Let’s be honest. Figuring out your insurance premiums can feel chaotically complicated. Tax laws are cryptic, options depend heavily on individual circumstances, and the whole system can all feel...
Finding the Silver Lining: 8 Wealth Planning Opportunities
If you’re like me, you’ve been seeking out the silver linings in these unprecedented times. Albert Einstein said it most succinctly: “In the middle of difficulty lies opportunity.” And that’s...
Tax-Loss Harvesting Explained
If losses hurt, psychologically, twice as much as gains bring joy – why would you ever sell a security at a loss if there are other options available? You may have asked yourself this at one point...