Cornerstone Financial Advisory

MARCH 14, 2025

As a Christian, your estate plan should represent your dedication to financial stewardship according to Scripture. W hat important factors should Christians consider when estate planning? W hat important factors should Christians consider when estate planning?

Estate Planning 52

Estate Planning Planning Healthcare Ethics 52

Carson Wealth

DECEMBER 31, 2024

Your personal preferences and the potential good your bequests can do are factors to think about in your estate planning. What Is Estate Equalization? Basically, estate equalization is the process of helping ensure fairness in your estate plan, whether that means leaving all your primary heirs the same bequests or not.

Estate Planning 52

Estate Planning Planning Taxes Distribution 52

Abnormal Returns

NOVEMBER 20, 2024

cameronhuddleston.com) Five ways to simplify your estate plan. abnormalreturns.com) A bad experience trying to capture a bank 'bonus' account offer. (wsj.com) How more data on flood risks affects home buyer behavior. papers.ssrn.com) Family What (and when) should you tell your children about your finances? Well, you should.

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Estate Planning Retirement Marketing Marketing 162

Cornerstone Financial Advisory

JANUARY 27, 2025

This includes estate planning, which is not just about securing our family’s future, but about being a good steward of God’s blessings. These principles form the foundation for how we approach all aspects of financial management, including estate planning.

Estate Planning 52

Estate Planning Planning Certified Financial Planner Food 52

Carson Wealth

DECEMBER 20, 2024

Give with a Donor-Advised Fund A donor-advised fund (DAF) can be a powerful financial planning tool for charitable giving that offers you some measure of control as to how and when the donation will be made. You can deposit money into the account now, receive the tax benefit, and then make the donation in your own time.

Financial Planning 109

Financial Planning Planning Estate Planning Taxes 109

Darrow Wealth Management

JANUARY 16, 2025

Conversely, if the original account owner gifted the stock while living, the recipient retains purchaser’s carryover basis and holding period ($100 in this example). Retirement accounts and IRAs do not receive a stepped up basis. Financial accounts aren’t the only assets that can be held in trust. Yes and no.

Assets 98

Assets Estate Planning Taxes Wealth Management 98

Carson Wealth

DECEMBER 17, 2024

By Brady Marlow, CFP, AEP, CAP, CPWA, CExP , Director, Carson Private Client Wealth Strategy Although most people focus first on loved ones in developing their estate plan, you may also want your legacy to include continuing support of issues and organizations youre passionate about.

Estate Planning 52

Estate Planning Planning Distribution Taxes 52

Integrity Financial Planning

AUGUST 28, 2022

Understand the basics first, and then create an estate plan. Wills and trusts are both important estate planning tools with important differences. Many people may not know that their will does not control who inherits all of their assets, such as retirement accounts, life insurance, and annuities.

Estate Planning 98

Estate Planning Planning Communication Retirement 98

Abnormal Returns

JUNE 5, 2024

ofdollarsanddata.com) How to superfund a 529 account. beyond-wealth.com) How estate planning for blended families can go wrong. (rogersplanning.blogspot.com) Personal finance Ten financial rules of thumb you don't need to follow including ' Never Take a Loan From Your 401(k).'

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Estate Planning Retirement Planning Accounting 298

Your Richest Life

AUGUST 11, 2023

Your estate plan is the comprehensive guide to your wealth and property when you pass away or become incapacitated physically or mentally. it’s important that you update your estate plan to reflect those changes. As a physician, there are a few other areas to pay attention to when you’re working on your estate plan.

Estate Planning 96

Estate Planning Planning Accounting Distribution 96

Carson Wealth

MAY 23, 2024

One of the most important decisions you’ll make when designing your estate plan is who to name in the various fiduciary roles: trustee, personal representative, executor and agent. The post Choosing the Right Trustee for Your Estate Plan appeared first on Carson Wealth. In many ways, it is like a full-time job.

Estate Planning 112

Estate Planning Planning Distribution Valuation 112

Abnormal Returns

DECEMBER 4, 2024

tonyisola.com) How to get more money into a 529 account. humbledollar.com) Lessons learned from Warren Buffett's approach to estate planning. (wsj.com) College Why income matters more than assets when it comes to college financial aid. thecollegefinanciallady.com) Personal finance Six questions to ask about foreign investing.

Retirement 147

Retirement Estate Planning Taxes Assets 147

Abnormal Returns

SEPTEMBER 23, 2024

podcasts.apple.com) Thomas Kopelman and Jacob Turner talks estate planning for business owners. riabiz.com) Fidelity is going to restrict third party access to 401(k) client accounts. riabiz.com) Advisers How Peter Mallouk built Creative Planning into a $300 billion AUM powerhouse.

Wealth Management 277

Wealth Management Estate Planning Clients Management 277

Abnormal Returns

AUGUST 23, 2023

(papers.ssrn.com) How 529 plan accounts are treated in a divorce. marketwatch.com) Estate planning Estate planning is about showing our love for our families. wealthfoundme.com) More families are at risk from estate taxes looking out into 2025 and beyond.

Estate Planning 246

Estate Planning Retirement Communication Taxes 246

James Hendries

OCTOBER 11, 2022

Basic estate planning is something that everyone should do, regardless of your age, marital status, the value of your assets, and if you’re a parent or not. This statistic illustrates that more Americans should consider estate planning to help ensure their assets transfer quickly to their heirs. Gallop, May 2021.

Estate Planning 98

Estate Planning Planning Medical Assets 98

MainStreet Financial Planning

JANUARY 23, 2025

Freezing your credit is an effective way to protect against identity theft and unauthorized access to your financial accounts. Verify that the information is accurate and that all your credit cards, store accounts, and loans are properly listed. This will help catch any errors or fraudulent activity.

Estate Planning 85

Estate Planning Budgeting Taxes Insurance 85

Integrity Financial Planning

MAY 23, 2023

An estate plan is a legal document that outlines a person’s wishes for the distribution of their assets and property after their death. It is essential to create an estate plan to ensure that your family and loved ones are taken care of in the event of your passing. Contact us today to get started!

Estate Planning 95

Estate Planning Planning Healthcare Medical 95

Abnormal Returns

JUNE 12, 2024

substack.com) Estate planning for blended families is tricky. barrons.com) Why couples could benefit from separate and joint accounts. (tonyisola.com) Why you should always shop around for your mortgage. marketwatch.com) AI is coming to home construction. wsj.com) Divorce Divorce has long-standing financial ramifications.

Asset Allocation 264

Asset Allocation Financial Advisor Estate Planning Retirement 264

Nerd's Eye View

JANUARY 31, 2024

Under the new law, non-spouse beneficiaries (with few exceptions) must now withdraw the entirety of an inherited IRA within 10 years of the account owner's passing rather than over their own lifetimes. This shift has led financial advisors to explore new strategies for mitigating the resulting tax-planning challenges. Read More.

Financial Advisor 246

Financial Advisor Estate Planning Nonprofit Financial Planner 246

Nerd's Eye View

AUGUST 7, 2023

This month's edition kicks off with the news that estate planning platform Wealth.com has launched Ester, an AI-driven 'legal assistant' that uses machine learning to help advisors quickly review and extract the key information from clients' estate planning documents, as it joins FP Alpha in the competition to become 'Holistiplan for estate planning (..)

Estate Planning 246

Estate Planning Wealth Management Financial Advisor Planning 246

Abnormal Returns

SEPTEMBER 27, 2023

morningstar.com) A first-hand account of the case for hiring a tax preparer. marketwatch.com) Why your estate plan should include this letter. (morningstar.com) There are a lot of decisions to make when it comes to health insurance. genyplanning.com) For the self-employed: how to choose between a SIMPLE and SEP IRA.

Estate Planning 278

Estate Planning Taxes Insurance Retirement 278

Nerd's Eye View

FEBRUARY 15, 2023

Health Savings Accounts (HSAs) feature useful tax advantages that make them a popular savings vehicle. One possible outcome of ‘superfunding’ an HSA, however, is that the account owner may not actually use up all of their HSA funds over their lifetime, which can have significant tax consequences.

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Distribution Taxes Medical Accounting 246

Nerd's Eye View

JANUARY 24, 2024

And while transferring responsibility may be relatively easy for accounts that are jointly titled or held within a trust, other accounts, such as qualified savings vehicles or annuities, require a Power Of Attorney (POA) when delegating decision-making authority to a third party.

Estate Planning 246

Estate Planning Accounting Clients Planning 246

Nerd's Eye View

JANUARY 24, 2024

And while transferring responsibility may be relatively easy for accounts that are jointly titled or held within a trust, other accounts, such as qualified savings vehicles or annuities, require a Power Of Attorney (POA) when delegating decision-making authority to a third party.

Clients 246

Clients Estate Planning Accounting Planning 246

Nerd's Eye View

AUGUST 9, 2024

Also in industry news this week: With a potential SEC regulation requiring RIAs to engage in enhanced "know your customer" practices under consideration, the Investment Adviser Association is arguing for a more tailored approach to identifying risky clients and a longer implementation period to relieve the potential burden on RIAs The SEC is investigating (..)

Financial Planner 246

Financial Planner Taxes Financial Planning Estate Planning 246

Abnormal Returns

MAY 10, 2023

ofdollarsanddata.com) Some evidence that couple should maintain joint checking accounts. obliviousinvestor.com) How to effectively withdraw money from a 529 plan. wsj.com) When building an estate plan, hire an attorney who specializes in it. (tawcan.com) Behavior Can money buy happiness?

Math 246

Math Estate Planning Retirement Banking 246

Nerd's Eye View

SEPTEMBER 6, 2023

Which means that by taking into account a client's net worth, realistic liability risks, and level of sophistication, advisors can help assess what types of strategies may be appropriate for the client to explore. For instance, qualified plan assets (e.g., tenancy by the entireties and community property).

Education 246

Education Assets Clients Estate Planning 246

Abnormal Returns

JULY 13, 2022

peterlazaroff.com) Estate planning Why you need an estate plan. eightyfour.substack.com) Five things to do with leftover 529 account funds. (standarddeviationspod.com) Peter Lazaroff talks with Brian Feroldi author of "Why Does The Stock Market Go Up?: wsj.com) How a HECM mortgage works.

Estate Planning 187

Estate Planning Medical Financial Advisor Planning 187

Dear Mr. Market

DECEMBER 31, 2024

Three to six months worth of expenses tucked away in a high-yield savings account. Update Estate Plans If you have kids, own a business, or just want to make life easier for loved ones, make sure your will, trusts, and beneficiary designations are up to date. A little planning now avoids big headaches later.

Budgeting 97

Budgeting Financial Planning Estate Planning Planning 97

Nerd's Eye View

OCTOBER 7, 2024

Welcome to the October 2024 issue of the Latest News in Financial #AdvisorTech – where we look at the big news, announcements, and underlying trends and developments that are emerging in the world of technology solutions for financial advisors!

Clients 246

Clients B2B Estate Planning Planning 246

Nerd's Eye View

SEPTEMBER 5, 2022

Orion (re-)partners with Apex Clearing with an integrated financial-planning-and-digital-account-opening experience for younger clients with smaller accounts.

Financial Advisor 241

Financial Advisor Estate Planning Accounting Taxes 241

Abnormal Returns

MAY 8, 2023

(kitces.com) Advisers Some evidence that couple should maintain joint checking accounts. kitces.com) How personality traits affect estate planning decisions. sciencedaily.com) How tax-adjusting a portfolio works in practice. advisorperspectives.com) Advisers need to recognize that clients have different conversational styles.

Wealth Management 246

Wealth Management Estate Planning Taxes Valuation 246

Carson Wealth

OCTOBER 25, 2023

Consult with an estate planning attorney in your state for specific guidance. Benefits for Blended Families Trust planning can be one of the most powerful avenues for settling your affairs, taking care of your loved ones and carrying out your wishes. Trusts can be a way around that.

Estate Planning 102

Estate Planning Planning Assets Taxes 102

Wealth Management

OCTOBER 23, 2023

King III discusses intergenerational estate planning, taking into account the needs and concerns of the various generations of family members.

Planning 147

Planning Estate Planning Accounting 147

Nerd's Eye View

JULY 3, 2023

From there, the latest highlights also feature a number of other interesting advisor technology announcements, including: All-in-one software platform Blueleaf has launched a new “aggregation-as-a-service” solution, promising better client data aggregation capabilities than existing solutions by automating the process of weaving multiple (..)

Estate Planning 246

Estate Planning Clients Media Wealth Management 246

Carson Wealth

NOVEMBER 28, 2022

Estate planning touches two critical aspects of our lives: It can direct the distribution of property while providing a structure of guardianship and care for ourselves as well as those we love and care for. But many people feel like estate planning happens when you’re older, and that’s a misconception.

Estate Planning 62

Estate Planning Planning Distribution Financial Advisor 62

Nerd's Eye View

JUNE 21, 2024

million in assets to both retire and pass on a legacy interest (though many have yet to establish an estate plan), according to a recent survey. Enjoy the current installment of "Weekend Reading For Financial Planners" – this week's edition kicks off with the news that affluent Americans believe they need an average of $5.5

Financial Planner 246

Financial Planner Financial Advisor Taxes Math 246