5 Estate Planning Considerations for Families
Estate planning is especially critical for families.The reason is, proper estate planning is the framework for generational wealth.The legal documents within an estate plan - a will, trust, power of…
Inherited Property: What is Step-Up in Basis?
When it comes to inherited property, there can often be confusion about what happens next.In many cases, the property is passed down from one generation to the next on a…
5 Types of “Wealth” Taxes
Wealth taxes do not only include income tax.Did you know that there are different types of taxes for high net worth individuals?Among the many types of "wealth" taxes, some of…
How the Founder of Worth-Life Balance Went From Welfare to Millionaire
This father used the power of investing to achieve financial freedom and help his family become first-generation millionaires.
5 Financial Lessons We Can Learn from Mary J. Blige
Mary J. Blige is an American icon who has written songs that help us navigate relationships, finances, and life.
5 Frequently Asked Questions About Index Funds
An index fund seeks to track the returns of a market index. Here are answers to 5 FAQs about these popular investment vehicles.
6 Things to Consider Before You Hire Your Child As An Employee to Save on Taxes
Hiring your child is a great way to give your child a head start in life while also reducing your tax bill.
Estate and Trust Attorney Interview: Why is an Estate Plan Important?
An estate plan is a tool available to you to protect, and deploy your assets while you are alive, and ultimately to direct the dispersal of your assets after you die.
6 Things to Know About Charitable LLCs
Many wealthy families set up a charitable vehicle to carry out their philanthropic legacy. Often, these families choose the private foundation as their vehicle of choice. For instance, the Gates…
Charitable Contributions: Your Guide to Tax Deductible Donations
When giving is part of your tax strategy, you want to make sure each charitable contribution is eligible for a tax deduction.