“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
Three reasons it’s time to reconsider Roth conversions
The benefits of Roth conversions seem obvious: having better control over taxable income in retirement (a Roth may lessen or eliminate your required minimum distributions), possibly paying less in...
5 Things Everyone Should Know About Death and Taxes
When tragedy strikes, be financially prepared. Here are things you need to know about death and taxes. Halloween is right around the corner, meaning so is the busiest time of year: Thanksgiving, the...
Which Money Should I Leave to My Kids?
Make the most of the money you leave behind with these tax-saving tips. The financial goal of many retirees is the straightforward need to have enough money until they die. Leaving a legacy to their...
Feeling Charitable? Use Donor Advised Funds
Donor advised funds let investors avoid some taxes while donating to charity. Americans have always been generous to those in need, and there are great charitable organizations throughout our...
Tax-Deferred Accounts: Where to Hold Your Retirement Cash
When saving for retirement, many people use a combination of tax-deferred and taxable investment accounts to boost retirement savings. But how should you allocate your portfolio between them? Is it...
Tax-Deferred Investing Matters More Than Ever
There’s an anonymous quote that is very fitting given the new realities of our current tax environment, “I’m putting all my money in taxes — it’s the only sure thing to go up.” Yes, taxes have gone...