ax planning might be complex, but it’s also essential—especially for high-net-worth families, where missing tax breaks or failing to optimize income could cost significant dollars, maybe millions, over a lifetime.
10 New Year’s Resolutions for You to Think About
But as I see friends I know at the grocery store or at the gas station, the question I’ve heard the most in the past few weeks is, “what are your New Year’s resolutions?”
Four Actions to Take if You’re Retiring Next Year
It’s common for people who are retiring to set their retirement date in either the springtime or the early summer. If you happen to be one of those lucky folks who are going to retire this year, then “Congratulations!”
7 Estate Planning Topics to Discuss with the Family over Christmas Dinner
One of the more difficult conversations for family members to have is talking about estate planning. There are several reasons for this, including the reality of our own mortality and that of our loved ones. In some families, it is an unspoken taboo to talk about money. Many parents don’t want their children to know how much they have or how much their children will receive after they die for fear the kids may become lazy or entitled or that they won’t understand their parent’s intentions for their estate. And so, no effort is made to create meaningful and beneficial dialogue.
Are We On the Brink of the Elusive Soft Landing?
In the intricate world of economics, maneuvering the vast U.S. economy without causing disruptions is likened to steering a colossal ship through a tempestuous storm. Since early 2022, U.S. policymakers, including Federal Reserve Chair Jerome Powell, have embarked on the challenging mission of curbing inflationary pressures through heightened interest rates, all the while avoiding economic contraction. This elusive equilibrium, historically challenging to achieve, is what economists fondly term a “soft landing.”
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