Yardley Wealth Management

FEBRUARY 4, 2025

In this comprehensive guide, we’ll explore proven strategies to help you minimize tax liability while staying compliant with current regulations. From maximizing deductions to managing capital gains, we’ll cover everything you need to know about smart tax planning.

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Harness Wealth

APRIL 16, 2025

The Tax Cuts and Jobs Act of 2017 eliminated recharacterization, transforming Roth conversions into permanent decisions requiring thorough analysis before execution. Roth IRAs offer unique advantages including tax-free growth, no required minimum distributions during the owner’s lifetime, and potential tax benefits for heirs.

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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.

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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.

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Darrow Wealth Management

JULY 1, 2024

This tax benefit is scheduled to sunset at the end of 2026. Tax planning for 2026 Depending on your situation, income, and goals, your planning options will vary. As with anything in tax planning, it’s important not to let the tax-tail wag the dog.

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Yardley Wealth Management

AUGUST 27, 2024

What Are Qualified Charitable Distributions (QCDs)? For those over 70½, you might already be familiar with Qualified Charitable Distributions (QCDs). For years, QCDs have allowed people to donate directly from their IRAs without paying taxes on those distributions.

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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.” These numbers show an opportunity for tax practices to build deeper, meaningful relationships with their clients, helping them to navigate some of life’s most challenging financial decisions.

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Fortune Financial

JUNE 2, 2023

Unlocking the Power of Net Unrealized Appreciation (NUA) Many workers receive company stock as part of their compensation package or can take advantage of a company 401(k) plan, choosing from a menu of mutual funds, exchange-traded funds and company stock for their investments. The remaining assets may be rolled over.

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WiserAdvisor

FEBRUARY 19, 2024

Blind Spot 3: Inadequate estate planning In today’s age, where 60 is the new 50 and people are more active and health-conscious than ever before, it is common to think that estate planning can wait. Life is inherently unpredictable, and unanticipated circumstances can arise at any moment.

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Fortune Financial

SEPTEMBER 25, 2023

Long-term goals typically encompass retirement planning, wealth preservation and estate planning. They are well-versed in various aspects of financial planning, including investments, retirement planning, estate planning and tax management.

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eMoney Advisor

FEBRUARY 9, 2023

Financial Planning Needs: Retirement planning Education and family planning Obtaining appropriate insurance coverage Business and tax planning Significant asset purchases Strategies for Serving Clients in This Stage: Clients at this stage are experiencing life events — both large and small — that will impact their financial planning needs.

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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 Taxes should always be a component of any investment decision — but not the main driver. If so, there might not be any material tax impact from selling shares.

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Management Taxes Portfolio Estate Planning 111

Fortune Financial

SEPTEMBER 25, 2023

Long-term goals typically encompass retirement planning, wealth preservation and estate planning. They are well-versed in various aspects of financial planning, including investments, retirement planning, estate planning and tax management.

Wealth Management 52

Wealth Management Management Risk Tolerance Retirement Planning 52

Darrow Wealth Management

JULY 1, 2024

This tax benefit is scheduled to sunset at the end of 2026. Tax planning for 2026 Depending on your situation, income, and goals, your planning options will vary. As with anything in tax planning, it’s important not to let the tax-tail wag the dog.

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Taxes Tax Planning Planning Estate Planning 52

WiserAdvisor

OCTOBER 4, 2022

Retirement planning can be a bit complex. There are multiple factors to weigh in, right from healthcare and inflation to estate planning, business succession planning, tax planning, and more. However, the main drawback to this can be the lack of foresight regarding what and how to plan.

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Harness Wealth

OCTOBER 23, 2023

Key Takeaways: Accounting advisory services extend beyond traditional tax preparation to offer strategic financial guidance. Specialized areas can include estate planning and tax-efficient investment strategies.

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Accounting Taxes Strategic Planning Estate Planning 52

Harness Wealth

JUNE 9, 2023

While it may seem like a luxury that is only available to the wealthy, anyone is capable of building an effective financial plan and putting it into action. Without effective personal financial management, you risk losing money to poor budgeting, poor tax planning, or even just to inflation.

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Harness Wealth

MARCH 11, 2024

The donor relinquishes ownership of the assets but retains advisory privileges over how the contributions are invested and how grants are distributed to charities. Donations to a DAF are tax-deductible in the year they are made, which can help reduce the donor’s taxable income.

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Gen Y Planning

DECEMBER 5, 2022

A great way to save for college costs (and even K-12 education) is with a 529 plan. A 529 plan is a state-sponsored tax-advantaged way to save for education. While contributions are after-tax, both investment gains and qualified distributions are tax-free. . Check-In On Your Estate Plan.

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Taxes Estate Planning Planning Budgeting 59

Harness Wealth

MARCH 5, 2024

It’s important to note that tax advisors include three types of tax professionals : Certified Public Accountants (CPAs) Enrolled Agents (EAs) Tax Attorneys All three may offer different fee structures depending on the services offered and their firm’s unique expertise.

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Taxes Tax Planning Education Ethics 52

Brown Advisory

DECEMBER 4, 2017

presidential election, we have grappled with the lack of clarity regarding the details of new tax legislation. The outcome of the tax reform debate is likely to impact how we advise clients on tax planning, estate planning and a host of other topics. are distributed to beneficiaries.

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Planning Taxes Clients Tax Planning 52

Harness Wealth

APRIL 26, 2022

If you want to donate a certain amount to charity over a period of time, a donor-advised fund allows you to take the entire donation as a tax deduction in the first year, but then contribute to the charity over time. Additionally, the funds in the account can grow tax-free. The charity just needs to be a registered nonprofit.

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Taxes Assets Nonprofit Retirement 52

Brown Advisory

APRIL 1, 2020

These planning opportunities are driven primarily by four factors: Materially lower market values for publicly traded securities, and a likely downturn in valuations of real estate and other illiquid assets. Possible future increases in income and wealth transfer taxes, including the potential reversion of certain elements of the U.S.

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Strategic Planning Planning Marketing Marketing 52

Brown Advisory

APRIL 1, 2020

These planning opportunities are driven primarily by four factors: Materially lower market values for publicly traded securities, and a likely downturn in valuations of real estate and other illiquid assets. Possible future increases in income and wealth transfer taxes, including the potential reversion of certain elements of the U.S.

Strategic Planning 52

Strategic Planning Planning Marketing Marketing 52

WiserAdvisor

APRIL 16, 2025

Rather than reacting to market fluctuations or headlines, they build a plan based on data and long-term strategy, helping you stay on course even when the market is volatile. Failing to do so could mean losing a substantial portion of your returns to taxes, which ultimately defeats the purpose of investing.

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Financial Advisor Asset Allocation Financial Planning Retirement Planning 40

Wealth Management

JUNE 11, 2025

The second amendment to the revocable trust agreement directed the following distributions: • 2 million dollars to the trustee of the MCC Trust, to be held for Maria’s benefit. The MCC Trust agreement included terms about the distribution of trust assets: 3.2. Administration of Trust Estate for Beneficiary.

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Taxes Wealth Management Estate Planning Distribution 165

WiserAdvisor

MARCH 2, 2023

The key to creating a diversified portfolio is to distribute your money across multiple asset classes, such as stocks, bonds, real estate, and alternative investments. A financial advisor can recommend investment strategies, risk management tips, tax planning methods, estate planning tips, and other financial approaches.

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Investing Investments Risk Tolerance Financial Advisor 40

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

Nerd's Eye View

JANUARY 31, 2024

This shift has led financial advisors to explore new strategies for mitigating the resulting tax-planning challenges. This allows the account to grow on a tax-deferred basis, with income to beneficiaries being taxed when distributions are made. Read More.

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Nerd's Eye View

AUGUST 23, 2023

Act, passed in December 2022, created the ability for individuals over age 70 1/2 to make a one-time Qualified Charitable Distribution (QCD) of up to $50,000 of IRA funds into a CGA, with the amount distributed to the CGA being excludable from the donor's taxable income. But the SECURE 2.0 legislation at the end of 2022. Read More.

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Taxes Retirement Clients Estate Planning 246

Nationwide Financial

MARCH 6, 2023

Make sure they take their required minimum distributions Clients who are age 73 or over must take required minimum distributions (RMDs) from their qualified plans and IRAs. Businesses There are several steps that business owners may want to take in 2022 to minimize taxes.

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WiserAdvisor

MARCH 13, 2024

With proper planning and professional advice, you can enjoy a secure and fulfilling retirement while effectively managing your healthcare costs and ensuring peace of mind for the future. Pillar 3: Tax planning Tax planning is indispensable for optimizing your retirement finances and safeguarding your wealth for the future.

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Zajac Group

APRIL 23, 2025

But for those interested in charitable giving, there may be a way to address the tax concerns associated with highly appreciated assets and give meaningfully over time. Receive income : During the term of the trust, youor other designated income beneficiariesmay receive an annual distribution from the trust.

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Distribution Taxes Assets Tax Planning 52

Discipline Funds

DECEMBER 29, 2024

If you are over 73 you should be starting to take requirement minimum distributions. Do so before year-end and plan for next years RMD now. Make sure you have some liquidity to meet RMDs in case your portfolio is in a drawdown when you need to take your distribution. Estate Planning Do you have a trust and will?

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Financial Planning Planning Asset Allocation Retirement Planning 64

Nationwide Financial

AUGUST 23, 2024

Key Takeaways: Net Unrealized Appreciation (NUA) is the difference between the cost basis of employer securities in a retirement plan and their market value at the time of distribution. NUA is not taxed as ordinary income at the time of distribution, which can offer significant tax advantages.

Retirement 52

Retirement Retirement Planning Distribution Taxes 52

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.

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Assets Estate Planning Taxes Wealth Management 98

Sara Grillo

APRIL 11, 2022

These services often include recommendations on investments, financial planning, retirement, Social Security, Medicare, tax planning, and other wealth-related topics. An hourly financial advisor is someone who provides financial advisor for a set hourly rate. Hourly financial advisors are not common. Jon Luskin. Rick Ferri.

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