Blended Families, Remarriages and Estate Planning
Wealth Management
DECEMBER 20, 2023
When it comes to divorce, a will or trust often is not the last word on estate distribution.
Distribution Estate Planning Wealth Management 
Adviser links: helping clients feel secure
Abnormal Returns
FEBRUARY 19, 2024
washingtonpost.com) Daniel Crosby offers another sneak preview of an essay from his upcoming book, "The Soul of Wealth." standarddeviationspod.com) Trends The wealth management industry is going to be slammed with demand. morningstar.com) The biz Creative Planning was able to retain some 60% of the United Capital assets.
Clients 
279
279 Join 36,000+
Insiders
Sign Up for our Newsletter
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Webinars
Book of Secrets on the Month-End Close
What Your Financial Statements Are Telling You—And How to Listen!
Are Robots Replacing You? Keeping Humans in the Loop in Automated Environments
Data Talks, CFOs Listen: Why Analytics Is The Key To Better Spend Management
Trending Sources
What Is the Importance of Estate Planning For Christians?
Cornerstone Financial Advisory
FEBRUARY 26, 2025
After all, financial resources are a divine gift, which means dutiful financial stewardship is essential to faithful wealth management. This includes how we plan and manage our estate. Effective estate planning is an act of financial stewardship. How Should Christians Approach Estate Planning ?
What is a Stepped Up Basis? Cost Basis of Inherited Stock and Other Assets
Darrow Wealth Management
JANUARY 16, 2025
Inheriting a Trust Fund: Distributions to Beneficiaries Do You Pay Tax on an Inheritance? At a high level, if the asset is part of the decedent’s estate it’s typically eligible for a step-up. This can get very tricky so it’s important to work with the estate planning attorney settling the estate.
Assets 98
98 
Estate Planning Tips for Blended Families: 3 Areas Where Advisors Can Help
eMoney Advisor
MARCH 7, 2023
Stepchildren, remarriages, and ex-spouses: For the modern wealth management client with a blended family, planning to transfer wealth presents a web of complexity. 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.
IRS Wants to Change the Inherited IRA Distribution Rules
Darrow Wealth Management
AUGUST 8, 2022
” This meant annual required minimum distributions (RMDs) were out. Another key aspect that the 2019 Secure Act changed was the required minimum distribution age. Assuming the changes pass, some beneficiaries will have missed a required distribution. Individuals born before July 1, 1949 will retain an RMD age of 70 1/2.
Distribution 92
92 
What to Do When a Parent Dies and You’re the Executor
Darrow Wealth Management
MAY 6, 2024
If your parent had a trust, the individual(s) named in the trust documents as successor trustee will control the distribution of the trust assets. Checklist for executors of their parent’s estate Get organized Where are the original estate planning documents located? Who is the attorney who drafted the estate plan?
Estate Planning 100
100 
2 Key Benefits of Living Trusts
Darrow Wealth Management
JANUARY 29, 2024
This article is a high-level overview of the various estate planning techniques and considerations when using revocable living trusts from the perspective of a wealth advisor (e.g. The US has 50 states – each with their own tax laws and estate planning opportunities. Equitable distribution of your assets.
Estate Planning: 2024 Trends for Tax Professionals to Watch
Harness Wealth
JULY 29, 2024
covers some of the top estate planning trends that tax advisors should be tracking during the second half of 2024. Now that the mid-point of 2024 has passed, we are faced with an environment where little has changed with respect to the wait-and-see posture of estate and wealth transfer planning. The SECURE Act 2.0
Estate Planning in this Economic Climate
Park Place Financial
NOVEMBER 29, 2022
Estates Estate Planning in this Economic Climate Schedule a Complimentary Financial Review CLICK HERE TO SCHEDULE. If you are in the middle of estate planning , consider the following strategies to develop a sound plan amidst widespread economic challenges. . Create a Trust . Charitable Remainder Unitrust .
How to Choose the Right Wealth Management Firm in Kansas City
Fortune Financial
SEPTEMBER 25, 2023
How to Choose the Right Wealth Management Firm in Kansas City Managing your wealth is a crucial aspect of financial success and security. Let’s look at key factors to consider when selecting the ideal wealth management firm in the Kansas City metro area.
Estate Planning: A Key Part of Any Financial Plan
Harness Wealth
JUNE 23, 2023
Estate planning is a critical component of a comprehensive financial plan. It involves deciding how your assets will be distributed upon your death or incapacitation. Furthermore, estate planning includes aspects such as tax minimization strategies, asset protection, and charitable giving.
Should I Put My Assets in a Trust? Top 3 Benefits of Living Trusts
Darrow Wealth Management
OCTOBER 1, 2024
Choosing whether to fund a trust with your assets is an important decision in the estate planning process. A will and a trust are two different estate planning tools. Probate is a legal process where certain assets that were owned in the individual’s name are distributed by the probate court.
Assets 98
98 
6 Ways to Manage Concentrated Stock Positions
Darrow Wealth Management
MARCH 13, 2025
When considering the distribution of excess lifetime returns of individual stocks vs the Russell 3000, the median stock underperformance was almost -10%.(J.P. Morgan Private Bank) 6 ways to manage a concentrated stock position In no particular order, here are some strategies to reduce the risk of concentrated stock holdings.
Management 66
66 
How to Choose the Right Wealth Management Firm in Kansas City
Fortune Financial
SEPTEMBER 25, 2023
How to Choose the Right Wealth Management Firm in Kansas City Managing your wealth is a crucial aspect of financial success and security. Let’s look at key factors to consider when selecting the ideal wealth management firm in the Kansas City metro area.
Protecting and Passing Down Your Financial Legacy
Integrity Financial Planning
FEBRUARY 10, 2023
It can also be helpful to have a dialogue with your family about how to manage the wealth you are going to pass down to them. [3] 3] One in four adults in the US said that their parents did not provide them with money lessons when they were children, which shows how little we talk with our kids about money and how to manage it. [4]
Managing Sudden Wealth
Darrow Wealth Management
JUNE 14, 2023
Depending on the nature of the windfall, planning opportunities and considerations will vary. For example, the tax laws and distribution terms for an inheritance is quite different to the tax and liquidity considerations during an IPO. At Darrow Wealth Management, we specialize in helping individuals manage a sudden wealth event.
Management 96
96 
Planning Details for NUA: A Tax-Saving Strategy
Fortune Financial
JULY 28, 2022
Anyone who owns company stock will eventually have to decide how to distribute their assets — typically when there is a job change or retirement involved. To recap, NUA is the difference in value between the price initially paid for a stock (the cost basis) and its current market value at the time it is distributed. Cost Tradeoff.
Taxes 98
98 
Secure Your Financial Legacy
Yardley Wealth Management
JUNE 6, 2023
The post Secure Your Financial Legacy appeared first on Yardley Wealth Management, LLC. Secure Your Financial Legacy When planning for your legacy, it’s important to consider various financial aspects. Financial planning services can assist with developing a comprehensive estate plan.
What to do After the Death of a Spouse
Darrow Wealth Management
APRIL 25, 2023
In addition to making funeral arrangements and notifying family and friends, another priority is alerting your estate planning attorney and financial advisor. Asset Titling, Beneficiary Elections, and Probate The estate planning attorney is going to be critical here. But not everything needs to get done today.
What to Do When a Parent Dies and You’re the Executor
Darrow Wealth Management
MAY 6, 2024
If your parent had a trust, the individual(s) named in the trust documents as successor trustee will control the distribution of the trust assets. Checklist for executors of their parent’s estate Get organized Where are the original estate planning documents located? Who is the attorney who drafted the estate plan?
Deciding What To Do When You Inherit A House
Darrow Wealth Management
OCTOBER 23, 2023
This simplified explainer summarizes how most inherited homes are taxed to beneficiaries when they’re inherited by a will or owned in a revocable trust at death (and then distributed to heirs). Estate plans are about distributions, not sentiments.
Taxes 92
92 
Major Tax Changes Are Coming in 2026. Are You Ready?
Darrow Wealth Management
JULY 1, 2024
Since investors pay tax annually on dividends, interest, and capital gains distributions in a taxable brokerage account, even if they don’t sell assets, it can be worthwhile to consider allocating more tax-efficient investments here. appeared first on Darrow Wealth Management. Are You Ready?
Taxes 101
101 
Tax Advisor Q&A: How to Build Better Tax Client Relationships Through Life Event Planning
Harness Wealth
SEPTEMBER 18, 2024
Only 26% of Americans have an estate plan. If you’re thinking, “But my clients are high-net-worth…many more have an estate plan.” And you’ll see in our Q&A below, that tax advisors can bring estate planning into the conversation early on in a client relationship. What do these numbers tell us?
Taxes 52
52 
Legacy Planning
Yardley Wealth Management
MAY 23, 2023
The post Legacy Planning appeared first on Yardley Wealth Management, LLC. Legacy Planning for People in Their 50’s and 60’s: A Step-by-Step Guide As you near retirement age, it’s natural to consider your legacy. Planning for your legacy is crucial to ensuring your values and goals have a lasting impact.
Planning 40
40 
Anand Rathi Wealth Limited – Is It Riding the Wave of Growth?
Trade Brains
JANUARY 24, 2024
Anand Rathi Wealth Limited: In the dynamic change happening in India’s wealth management, one company shines for its personal touch and dedication to client success: Anand Rathi Wealth Limited (ARWL). The company also provides holistic services like estate planning and succession planning without charging clients.
Transcript: Jonathan Clements
The Big Picture
JANUARY 21, 2025
And I think you will also, if you are at all curious about estate planning or investing or personal finance, this is not the usual discussion and I think it’s very worthwhile for you to hear this and share it with friends and family. And so, you know, that’s why I’ve started to distribute money to them.
Investing 147
147 
Should Pre-Retirees Take a New Look at #Retirement Income?
Yardley Wealth Management
MAY 29, 2020
appeared first on Yardley Wealth Management, LLC. By Michael Garry Yardley Wealth Management May 21, 2020. A minor one that most can do is to not automatically increase their distributions every year for inflation. My name is Mike Garry, and my company is Yardley Wealth Management, LLC.
Retirement 40
40 
5 Ways to Manage a Concentrated Stock Position
Darrow Wealth Management
FEBRUARY 19, 2024
When considering the distribution of excess lifetime returns of individual stocks vs the Russell 3000, the median underperformance was almost -10%.³ 5 ways to manage a concentrated stock position In no particular order, here are some strategies to reduce the risk of concentrated stock wealth. Further estate planning objectives.
Management 106
106 
What is a Financial Plan, and How Do I Make One?
Harness Wealth
JUNE 9, 2023
In this article, we’ll go into detail on what to think about when it comes to financial planning, as well as a step-by-step process of how to build a sample financial plan that aligns with your personal goals and needs. Table of Contents What is a Financial Plan? Why is Financial Planning so Important?
Part 1: The Tools of the Tax-Planning Trade
Yardley Wealth Management
FEBRUARY 1, 2022
The post Part 1: The Tools of the Tax-Planning Trade appeared first on Yardley Wealth Management, LLC. Part 1: The Tools of the Tax-Planning Trade Whether you’re saving, investing, spending, bequeathing, or receiving wealth, there’s scarcely a move you can make without considering how taxes might influence the outcome.
Tax Planning 40
40 
Part 1: The Tools of the Tax-Planning Trade
Yardley Wealth Management
FEBRUARY 1, 2022
The post Part 1: The Tools of the Tax-Planning Trade appeared first on Yardley Wealth Management, LLC. Part 1: The Tools of the Tax-Planning Trade. Whether you’re saving, investing, spending, bequeathing, or receiving wealth, there’s scarcely a move you can make without considering how taxes might influence the outcome.
Tax Planning 40
40 
Sound Strategies for Crafting Your Retirement Investment Portfolio
Fortune Financial
SEPTEMBER 29, 2022
If your retirement accounts are comprised of pre-tax assets, most of your distributions from the accounts will be taxed at your marginal tax brackets. This requires you to also determine your tax status once you start withdrawing funds and is an important part of the retirement planning process to accurately gauge cash flows.
Retirement 52
52 
Major Tax Changes Are Coming in 2026. Are You Ready?
Darrow Wealth Management
JULY 1, 2024
Since investors pay tax annually on dividends, interest, and capital gains distributions in a taxable brokerage account, even if they don’t sell assets, it can be worthwhile to consider allocating more tax-efficient investments here. appeared first on Darrow Wealth Management. Are You Ready?
Taxes 52
52 
What does a financial advisor do? (day in the life of a financial advisor)
Sara Grillo
JULY 8, 2022
Read the blog to see what these financial advisor said about what a typical day looks like, and how someone in wealth management typically spends their time. Yesterday it was early retirement projections for a corporate executive, tomorrow it’s a call with a planner to review a client’s estate plan. hours of it.
Protecting What’s Yours (While You’re Alive)
Yardley Wealth Management
JANUARY 4, 2022
The post Protecting What’s Yours (While You’re Alive) appeared first on Yardley Wealth Management, LLC. Distribute copies to your primary physician and any of your other healthcare providers to keep on file. This can be stressful if not heartbreaking for everyone involved. Additional Tips. Give it to key family members.
Healthcare 52
52 
Protecting What’s Yours (While You’re Alive)
Yardley Wealth Management
JANUARY 4, 2022
The post Protecting What’s Yours (While You’re Alive) appeared first on Yardley Wealth Management, LLC. Distribute copies to your primary physician and any of your other healthcare providers to keep on file. The post Protecting What’s Yours (While You’re Alive) appeared first on Yardley Wealth Management, LLC.
Healthcare 52
52 
Adviser links: a bull market in advice
Abnormal Returns
NOVEMBER 25, 2024
podcasts.apple.com) Rex Salisbury talks with Ritholtz Wealth CEO Josh Brown about AI and wealth management. youtube.com) Harry Morton talks with Jacob Turner about his journey from MLB player to wealth manager. xyplanningnetwork.com) On the benefits of distributing equity in wealth management.
Saving investors from the “Humpty Dumpty portfolio” with hourly financial advisor Rick Ferri, CFA
Sara Grillo
APRIL 11, 2022
Please conduct your own diligence on any wealth manager you are considering hiring. Ryan Firth, CPA. Did I leave anyone off the list? Let me know. I also want to be clear that I am not recommending any of these advisors. As you may have noticed, the list above is quite short.
Financial Planning for High-Net-Worth Individuals
WiserAdvisor
JULY 24, 2022
However, the success of their children and grandchildren lies in the individual’s estate planning to a large degree. Estate planning is the process of ensuring that a person’s estate reaches its rightful heirs after them. One of the issues with estate planning is that most people leave it to the last minute.
Let's personalize your content