New Parent Financial Checklist
New Life - New Responsibilities - New Parent Financial Checklist I am at the age where some of my closest friends are starting to grow their families. Hearing the excitement in their voices and seeing…
Major Estate Tax Changes Are Still Around The Corner
What do you do when the Go-To Strategies just won’t cut it? The Federal Lifetime Exemption is the total amount of wealth that you can give away tax-free in your lifetime. Importantly, it is the…
2022 Market Outlook: The Chocolate Twisted Pretzel
Pretzel Logic refers to reasoning that bends back and twists until it does not make sense. (Pretzel Logic also is a fantastic, bluesy song by Steely Dan that refers to time travel.) A great example…
2021 Year-End Financial Checklist
Temperatures are dropping and honey hams are flying off the shelves while holiday decorations are popping up left and right. The end of the year always seems to come and go and before we know…
Q3 2021: The Value of the Five-Minute Warning
When my girls were younger, and we were at a playdate or birthday party, I found it very helpful to give them a five-minute warning that we were about to leave. As a parent, you can usually…
Q2 2021: A Campfire Economy: Shifting Toward the Heat
Cooking over a campfire is challenging. If you’ve ever done it, you know what I mean. The fire can be difficult to start, the flame heat varies, the cooking surface is often uneven and the…
Finding (& Funding) Your Retirement Home
Retirement is a time of transition. Those approaching retirement often look forward to the freedom that will be plentiful once they stop working. That flexibility not only allows them to dictate how they spend their time,…
Could I Reduce My Tax Bill to $0 through Charitable Gifting?
In light of COVID’s devastating impact on many not-for-profit groups and organizations, the IRS included a provision in the 2020 CARES Act (and more recently extended through 2021) that taxpayers can deduct 100% of cash…
Benefits of a Securities-Backed Line of Credit
Many high-net-worth individuals have a significant portion of their wealth stored in financial assets - e.g. stocks and bonds in a portfolio. With the success of the markets over the last decade, many investors have…
Dealing with a Concentrated Position in Your Company Stock
Corporate stock: accumulation over time This past year my wife and I welcomed twins — our first children — into our family. In the months leading up to their births and the following year, we’d…