How to Put Your House in a Trust: Guide & Considerations
For many individuals, a home represents more than a place to live. It is a meaningful part of their financial and family legacy. Understanding how to place your house in a trust can help bring structure and intention to estate planning, supporting continuity, privacy, and overall wealth-transfer goals. In this article, we will guide you […]
12 Questions to Ask a Financial Advisor Before Switching
If you’ve decided it may be time to switch your financial advisor, it’s worth pausing before making the move. Taking a moment to reassess the relationship and ask a few questions can help clarify whether a change is truly the best next step. 1. How Much am I Paying in Advisory Fees and Investment […]
How to Choose a Financial Advisor That Is Best For You
Deciding how to choose a financial advisor is a meaningful step in aligning your wealth with the life you want to lead and the legacy you hope to leave. The right partner provides clarity and confidence, helping you navigate life’s complexities with a strategy tailored specifically to your goals. This guide outlines the essential steps […]
What is an RSU? Restricted Stock Guide for Executives
Many companies are turning to innovative ways to attract and retain top talent as competition for skilled workers intensifies. Beyond enticing employees with competitive salaries and benefits, such as health insurance and paid time off (PTO), some employers offer restricted stock units (RSUs). But what exactly is an RSU, and how does it work? In […]
2024 Tax Season Reminders
As we prepare for the upcoming tax filing season, here are a few reminders: 1099 Delivery Reminders Most Schwab 1099s should be available online by the end of this month (February 28). Reporting Treasury Interest on Non-IRA Accounts As a reminder, and as appropriate, we have strategically invested cash in Treasury funds to generate additional […]
Three Ways to Give to Causes You Care About Before the Year Ends
As we approach the end of 2024 and the traditional “Giving Season,” many individuals and families are reflecting on how they can best support the causes closest to their hearts. If charitable giving aligns with your values, you may want to explore the latest strategies and tools that can help you maximize the impact of […]
FSA vs HSA: What is the Difference?
Healthcare costs can be expensive, even for the healthiest people. Even if you have health careinsurance, you may want to take advantage of other options for saving for medical expenses notcovered by insurance. Outlined below are some of the differences between the two most commonaccounts offered to individuals and families, health savings accounts (HSA) and […]
Medicare Open Enrollment: Changes and Dates to Know
Medicare Open Enrollment for 2025 is just around the corner, running from October 15 to December 7, 2024. During this time, Medicare participants can review and make changes to their Medicare plans, ensuring they have the right coverage for the year ahead. To prepare for the upcoming enrollment period, below are a few notable changes […]
Sunset of the 2017 Tax Cuts and Jobs Act
With the presidential election upon us in just a few short weeks, you may be asking yourself what tax changes may be on the horizon. While each candidate may have their own strategies and ideas for new tax policies, it remains unclear what new tax legislation would make it through Congress and ultimately be signed […]
Using an After-Tax 401(k) to Boost Retirement Savings
One of the most popular retirement savings vehicles available to employees is a 401(k) plan. These plans offer tax-deferred contributions, where plan participants reduce their taxable income and defer tax responsibilities until withdrawing funds from the plan in retirement. While most of the contributions to 401(k) plans are made via pre-taxed income, it is possible […]