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).'

Estate Planning 298

Estate Planning Retirement Planning Taxes 298

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

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

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

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 77

Estate Planning Budgeting Taxes Insurance 77

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

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 96

Budgeting Financial Planning Estate Planning Planning 96

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

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

MARCH 24, 2023

Also in industry news this week: Top Democratic Senators are urging the Treasury Department to crack down on a range of estate planning strategies for high-net-worth individuals, including GRATs and IDGTs Amid fallout from recent bank failures, both Republicans and Democrats are considering whether current FDIC insurance limits should be increased (..)

Financial Planner 245

Financial Planner CFP Certification Retirement Planning 245

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

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

eMoney Advisor

MARCH 7, 2023

Fortunately, financial professionals have tools and wealth transfer strategies that can help couples be intentional about the use of their assets in an estate plan. Why Focus on Estate Planning for Blended Families A thoughtful plan and good communication can go a long way in heading off conflict in large families.

Estate Planning 83

Estate Planning Planning Financial Planner Clients 83

eMoney Advisor

FEBRUARY 22, 2023

And if they’re unprepared—or worse, if the family estate planning strategies are less than buttoned up—how will that affect your practice down the line? The Softer Side of Finance While it may seem easier to use structural solutions to control the transfer of client assets (think trusts, 529 accounts, etc.),

Estate Planning 75

Estate Planning Planning Education Clients 75

The Big Picture

MAY 29, 2024

A great financial planner is a strategist, but we know most of them are just entering stuff in a financial plan and just spitting out, like, a couple projections and telling you how much to save. The investments in your trust are going to be managed differently than your IRA because we’ve accounted for your estate plan as part of it.

Risk Management 290

Risk Management Taxes Estate Planning Financial Planner 290

Carson Wealth

MAY 2, 2024

Often, people believe that estate planning only benefits the very wealthy, but nothing could be further from the truth. It’s something everyone needs to engage in regardless of age, estate size or marital status. If you have a bank account, investments, a car, home or other property—you have an estate.

Estate Planning 43

Estate Planning Planning Banking Accounting 43

Harness Wealth

NOVEMBER 12, 2024

Checklist: Year-end Tax Planning Strategies Review the following tax strategies with your tax advisor and/or financial advisor before the end of the year. Fully Utilize Tax-Advantaged Retirement and Savings Accounts There are multiple steps you can take using retirement accounts to reduce your taxable income.

Tax Planning 52

Tax Planning Taxes Planning Estate Planning 52

Nerd's Eye View

JUNE 7, 2024

Also in industry news this week: Backers announced the new Texas Stock Exchange, which seeks to provide companies with a lower-cost alternative to the NYSE and Nasdaq, which, if successful, could create a more competitive landscape and potentially better execution and reduced trading costs for financial advisors and their clients The American College (..)

Financial Planner 189

Financial Planner Financial Advisor Certification Estate Planning 189

Steve Sanduski

NOVEMBER 12, 2024

They want to talk about how they need to update their estate plan, but they’ve got some real turmoil. The post Brighton Jones’s Carley Dillon on Achieving 15% Annual Organic Growth, Holding Team Members Accountable to Hitting Metrics, and Delivering “Wealth Alignment” appeared first on Steve Sanduski.

Accounting 52

Accounting Clients Financial Advice Estate Planning 52

Carson Wealth

JANUARY 8, 2025

Holistic Financial Management Beyond investment advice, financial advisors offer comprehensive services such as tax planning, estate planning, and risk management. This ongoing relationship can help you pursue your financial plan and assist you in having a plan that evolves with your life circumstances and goals.

Financial Advice 64

Financial Advice Financial Advisor Risk Tolerance Financial Guidance 64

NAIFA Advisor Today

APRIL 12, 2024

Understanding the intersection between financial assets and estate planning is extremely important for maximizing wealth and enhancing asset protection. Join us on Wednesday, May 1, 2024, from 12:00 pm to 1:00 pm Eastern for an in-depth webinar that focuses on aligning your clients' financial assets with their estate planning goals.

Estate Planning 52

Estate Planning Planning Financial Planning Assets 52

Carson Wealth

FEBRUARY 13, 2023

While there are certainly ways to do estate planning without a lawyer, for most people hiring an estate planning attorney makes the most sense. Estate plans can get complex fast, and even fairly straightforward estates can feel overwhelming if you’re not trained in the area. Do your research.

Estate Planning 52

Estate Planning Planning Consulting Financial Advisor 52

WiserAdvisor

APRIL 19, 2024

While a financial plan focuses on managing your finances during your lifetime, an estate plan is essential for determining the fate of your assets after you pass away. Estate planning involves the transfer of your assets to your heirs in the event of your passing.

Estate Planning 45

Estate Planning Planning Distribution Accounting 45

Abnormal Returns

MAY 22, 2023

citywire.com) Estate planning Can new estate planning platforms put the adviser at the center of the process? investmentnews.com) Why auto-portability of 401(k) accounts will help. (riaintel.com) CI Wealth The stock market did not react well to CI Financial's financial engineering. financial-planning.com)

Financial Advising 130

Financial Advising Estate Planning Wealth Management Compliance 130

International College of Financial Planning

OCTOBER 26, 2023

The Imperative of Estate Planning: Not Just for the Affluent Often, there’s a prevailing misconception that estate planning is a luxury reserved for the wealthy elite. Real estate planning is a crucial undertaking that every adult and family should prioritize.

Estate Planning 52

Estate Planning CFP Certification Certified Financial Planner 52

Abnormal Returns

SEPTEMBER 11, 2023

kitces.com) The SECURE Act made Roth IRAs more attractive from a estate planning perspective. thinkadvisor.com) How RMDs on 401(k) accounts are different. financialducksinarow.com) Financial considerations are only one part of planning for retirement. kindnessfp.com)

Wealth Management 147

Wealth Management Estate Planning Financial Advice Financial Planning 147

Abnormal Returns

OCTOBER 10, 2022

(riabiz.com) Fidelity, Vanguard and Alight are rolling out a service to automate the transfer of retirement accounts between employers. riabiz.com) Taxes Why RIAs love to buy accounting firms. advisorperspectives.com) Only 1 in 3 Americans have an estate plan. (fa-mag.com) fa-mag.com) Risk is unavoidable. Panic is not.

Wealth Management 130

Wealth Management Financial Advising Estate Planning Taxes 130

Zoe Financial

DECEMBER 28, 2024

Example : Set up an automatic transfer to your savings account after every paycheck or schedule monthly check-ins with your financial advisor. A spending plan isnt about restrictionits about intentionality. Boost Retirement Contributions Maximize contributions to your retirement accounts. Outcome: What Results Will You Achieve?

Estate Planning 40

Estate Planning Financial Advisor Wealth Advisor Accounting 40

Zoe Financial

MARCH 21, 2025

Published: March 21st, 2025 Reading Time: 6 minutes Written by: The Zoe Team Managing wealth involves more than just investingit requires careful planning, strategic decision-making, and a long-term vision. Estate Planning : Ensuring your wealth is passed on according to your wishes. Ready to Grow Your Wealth?

Financial Advisor 40

Financial Advisor Strategic Planning Estate Planning Retirement 40

Carson Wealth

APRIL 4, 2024

From opening your first checking account to taking out your first car loan, they were always there to guide you. Assessing Their Financial Situation Your first task should be gathering information about all of your parents’ financial accounts and holdings. Your parents taught you everything you know about money. It’s not always easy.

Management 137

Management Healthcare Medical Estate Planning 137