Do you wonder if you’re at risk of owing estate tax? If so, which assets will you pay the tax on? It comes down to what is considered “in” your estate and what is considered “out” of your estate. You pay tax on assets in your estate, and you don’t pay tax on assets out of your estate.
So, what’s
“We’ve worked hard to build and protect our wealth, not just for us, but for our kids and grandkids. I just don’t want this money to ruin the family when I’m gone.”Does this sound familiar? If you’re thinking about how to pass your wealth to future generations of family, this is one of the most frequent fears. The data backs
Did you know that a soon-to-be-expired law could help your family avoid paying $2.6 million in estate taxes? If not, you’re not alone.
Estate taxes are complex and ever changing, making it difficult to keep up. They not only take a substantial bite out of your wealth, but they can also create confusion and tension for your family during an
A few years ago, we were approached by a new client with two questions her advisor wouldn’t answer:
She had worked for years with an advisor at her local bank to oversee her retirement investments,
Today is a deep dive into ways you can reduce estate taxes and pass more of your hard-earned wealth to the causes you care about. We show you how to find out how big your estate tax problem is, how the tax works, and four strategies you can use to lose less to taxes and make a bigger impact on
Each year, Puget Sound Business Journal Washington Best Workplaces ranks the best places to work based on employee surveys across small, medium, large and extra-large companies in Washington.
The annual Washington’s Best Workplace list is an approval rating for employers throughout the state. It goes beyond the perks and scores to how employees feel about the culture, mission, and values
Building an investment strategy involves balancing a variety of goals. You don’t want all your eggs in one basket, and you need your money to grow without paying too much in taxes along the way. A simple and effective way to diversify involves the use of mutual funds or exchange-traded funds (ETF), pooled investments with thousands of other investors that
Retirement is a big transition both in life and in finances. It’s also a time that you might be confronted with a few common retirement assumptions. When it comes to your investments, it’s common to assume that retirement means moving from “risk on” to “risk off”. But is this always necessary? Does retirement mean you must become a different kind
Interest rates have increased dramatically since the start of 2022, in an effort to combat persistent high inflation. While this has been very challenging if you’re borrowing money to buy a home or expand your business, you can now get more than 4% for keeping money in a high yield savings account, some even approaching 5%.
If you have
With costs rising seemingly faster than ever, you might be worried about inflation eating away at your retirement nest egg. You’ve spent years carefully planning and saving, and if you feel like your retirement security is at risk, it makes sense. But with these five strategies, you don’t have to let inflation ruin your retirement!
1. Build inflation into your