Knowing what you are earning at work is pretty transparent – knowing what’s going on inside of your investment portfolio is a different story for many busy professionals. Ideally, you should keep tabs on this throughout the year to see if estimated taxes need to be paid, but I’m a realist.

Did you panic in 2021 when Congress was discussing lowering the federal estate tax exemption amount? Did you ask yourself, “Should I be doing something?” Congress ultimately nixed any changes to estate tax laws as part of the Build Back Better (BBB) negotiations. Great, no one needs to rush into any decisions. BUT the federal estate tax exemption is still going to be cut in half in 2026, which begs the question again: Should you be doing something?

Individual donors contributed $319.04 billion to charities in 2023. Almost all donors (97%) cite impact as their main reason for giving, while 56% of donors see tax deductions as a motivating factor to give. Ideally, you can do both! Thinking beyond “checkbook giving” to leverage more strategic forms of charitable giving will benefit both you and your nonprofit(s) of choice.

How should you be paid for a thriving business? This guide will walk you through the earnout structure and guide your decision-making.

Wealth and our goals for what that wealth can enable are deeply personal, but chances are they involve wanting to help our loved ones succeed and live healthy, happy lives in some form or fashion. For those with children, that often means providing enriching educational experiences and opportunities that will greatly shape their futures. Congress passed the SECURE 2.0 Act in 2022 (SECURE 2.

Have you been considering a mega backdoor Roth? It might not be the right fit for you. Here are a few reasons why it rarely works in the real world.

Set your college-bound kids up for success with power of attorney, basic estate documents, credit card accounts, and more.

A wealth plan is crucial for ensuring the actions and wealth-related decisions you make are helping you work toward your unique goals. Everyone lives their life with a different set of needs and objectives, and their wealth plan should reflect that. As you begin to build your wealth plan, ask yourself, "What's the money for?" and be sure that your plan helps you get there.