Darrow Wealth Management

MAY 6, 2024

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? Inform them of your parents passing and discuss options for support in settling the estate.

Estate Planning 86

Estate Planning Distribution Valuation Taxes 86

eMoney Advisor

NOVEMBER 10, 2022

That occasion marked an agreement with the IRS on a $156 million value on Prince’s real estate and recordings for the artist who died in April 2016—without a will. What can we learn from celebrity estate planning disasters like this? Such cautionary tales prove the value of proper planning. It turns out, plenty.

Estate Planning 78

Estate Planning Clients Planning Financial Planner 78

Darrow Wealth Management

AUGUST 28, 2023

Make your business more sellable later by getting advice now Business brokers often recommend getting a valuation done years before expecting to sell the company. Your business advisory team may consist of: a business broker or M&A advisor, accounting and tax advisors, and transaction/M&A attorney.

Sales 77

Sales Wealth Advisor Estate Planning Taxes 77

Darrow Wealth Management

APRIL 25, 2023

Here’s a financial planning checklist for surviving spouses. Kristin McKenna, CFP® first published an abbreviated version of this article on Forbes. In addition to making funeral arrangements and notifying family and friends, another priority is alerting your estate planning attorney and financial advisor.

Estate Planning 73

Estate Planning Taxes Accounting Retirement 73

Darrow Wealth Management

OCTOBER 23, 2023

But first, it’s important to discuss the tax implications. Do you pay taxes on an inherited house? But typically, after inheriting the family home from a parent, the adult child[ren] beneficiaries will receive a step-up in basis for tax purposes. There are other angles when considering what to do after inheriting a house.

Taxes 78

Taxes Distribution Estate Planning Wealth Management 78

Zoe Financial

FEBRUARY 21, 2023

Dear Zoe Experts, I’ve been looking for tax planning guidance and am deciding whether to hire a financial advisor or an accountant. Financial advisors focus primarily on investments, while accountants focus more on taxes and other record-keeping aspects of finances. You’re on the right track!

Financial Advisor 40

Financial Advisor Accounting Certified Financial Planner Certification 40

Carson Wealth

JULY 26, 2023

By Odaro Aisueni, CFP ® , Wealth Planning Administrator As a small business owner, you’re likely so immersed in the routine functions of your business that you haven’t yet put much thought into the day you leave it behind. For a comprehensive review of your personal situation, always consult with a tax or legal advisor.

Planning 52

Planning Taxes Retirement Financial Advisor 52