Despite some misleading assertions to the contrary, trusts are not the solution for every estate plan. Trusts come with baggage and the …
The end of the year marks the time when many people are doing two things simultaneously. First, they are deciding how much …
Managing and preserving hard-earned wealth is a priority for many individuals. However, the specter of potential creditors looms ominously, ready to lay …
If you're over 70½ and taking required minimum distributions (RMDs), there's a smart way to give to charity and save on taxes. In this quick video, Matt Riesenweber breaks down how Qualified Charitable Distributions (QCDs) let you donate directly from your IRA—reducing your taxable income while still claiming the standard deduction. Learn how to make your generosity go further!
A parent can structure a gift of $1M to a child today such that neither the child nor the parent will pay …
Let’s assume you are ready to sell your business and you are reviewing two competing offers, both compelling in their own way. …
Whether you know it or not, your “estate” is comprised of different assets with different attributes. Some of your assets will be …
Small business owners sometimes have an enviable opportunity to save on tax. They rightfully look for every loophole to which they are …
Washington state has published its estate tax threshold for 2024. Spoiler alert: it hasn’t changed from 2023. When learning about the estate …
