Wealth Management

Family Business Lifecycles

Family Business Lifecycles

Being in jeopardy is not an unfamiliar state for a business, as they are constantly evolving to survive, retain key talent, and adjust to new circumstances and demands from their customers and partners. The fact that there are always unknowable risks for the owners of...

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Creating the New You in a Better Year

Creating the New You in a Better Year

New Year’s resolutions often don’t stay in our minds long, and then reappear as the year ends to be supplanted by new ones. Do New Year’s resolutions work for you? If not, then you are in the majority. Goals are usually fulfilled or dropped as new problems arise that...

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Better gift: Stocks or Cash?

Better gift: Stocks or Cash?

Investors planning substantial gifts to children or grandchildren may be considering whether or not to give stocks or sell the stocks and give the cash to alleviate the management concerns for the recipients. This article explores some of the unique benefits that may come with gifting the stocks directly, and introduces the strategy of using the annual gift tax exclusion as an estate planning method.

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Timing Can Have Tax Consequences

Timing Can Have Tax Consequences

As year-end comes about, there are time-sensitive decisions to make and tax incentives to capitalize on. With a year that has had as much volatility as 2020, nimbleness may be the order of the day. Such volatility makes portfolio management and portfolio tax planning...

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Useful Steps to Financial Security

Useful Steps to Financial Security

Some say “money can’t buy happiness”, but are they right? A recent study in the scientific journal Emotion did link an increase in assets to increased happiness, but science doesn’t have a definitive answer for us yet. It might have more to do with how money is used...

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Redirecting Retirement Funds for Relief

Redirecting Retirement Funds for Relief

In life, priorities can change quickly, without warning. Sometimes plans for the future must be adjusted for immediate needs, and a short-term crisis forces one to access not only rainy-day funds, but also more substantial funds that were otherwise earmarked for...

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The CARES Act: More than dollars and cents

The CARES Act: More than dollars and cents

When facing one of the most unprecedented events in our history, we need to approach the fight with every possible resource. One of those resources is social distancing, which has the unfortunate effect of impacting our economy and creating hardships for a large...

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