MainStreet Financial Planning

NOVEMBER 8, 2024

Consider: – Mortgage Interest: Making an extra mortgage payment to increase deductible interest. – Medical Expenses: Scheduling and paying for medical procedures or expenses before year-end, especially if they exceed 7.5%

Taxes

Zoe Financial

JUNE 20, 2025

For high-net-worth individuals, continuously refining your strategy over time is what keeps your plan efficient and aligned with evolving goals. Do I have a clear plan for RMDs and potential Roth conversions? Have I aligned charitable goals with my estate strategy? Is my investment mix rebalanced regularly for risk and return?

Retirement Planning

Yardley Wealth Management

FEBRUARY 4, 2025

Key deductions include: Mortgage interest payments on primary and secondary residences Property tax deductions (subject to SALT limitations) Home office deductions for qualifying spaces Maximizing Retirement Account Benefits Take full advantage of tax-advantaged retirement accounts to reduce your current tax burden: Contribute the maximum allowed to (..)

Taxes

Zajac Group

NOVEMBER 7, 2024

Creating wealth that can provide financial security for generations to come is an incredible feat, and it requires careful planning, consideration, and communication among family members. Are You in the Process of Building Your Estate Plan? And for those with equity compensation in the mix, some extra consideration is required.

Planning

Carson Wealth

DECEMBER 17, 2024

By Brady Marlow, CFP, AEP, CAP, CPWA, CExP , Director, Carson Private Client Wealth Strategy Although most people focus first on loved ones in developing their estate plan, you may also want your legacy to include continuing support of issues and organizations youre passionate about.

Estate Planning

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

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 I, I found it to be an absolutely fascinating conversation.

Investments

WiserAdvisor

JULY 4, 2025

Medical Savings Accounts (MSA) c. Estate tax credits and gift tax exclusion e. Health flexible spending cafeteria plans So, how can you take advantage of these new 2025 tax brackets and other changes? Estate tax credits and gift tax exclusion Let’s talk estate planning for a moment.

Taxes

WiserAdvisor

JUNE 11, 2025

Your plan should go beyond your 401(k) and take into account all aspects of your financial life, including your Social Security timing, pensions, healthcare costs, tax strategies, and estate planning. These can offer some cushion against rising prices while preserving capital.

Budgeting

Financial Symmetry

APRIL 28, 2025

When it comes to estate planning, there are many pieces to ensure that your heirs and loved ones are taken care of and have a clear understanding of your wishes. Any estate planning professional would tell you that the more you do while you are still living, the better.

Estate Planning

Harness Wealth

JULY 31, 2025

In less than two years, estate planning regulations will undergo a seismic shift. The Tax Cuts and Jobs Act of 2017 , which temporarily doubled estate and gift tax exemptions, is hurtling toward its expiration date of December 31, 2025. million from federal estate taxes, with married couples enjoying a combined exemption of $27.22

Estate Planning

Carson Wealth

MARCH 27, 2025

Types of Powers of Attorney When appointing a POA, you have three basic options: medical power of attorney, financial power of attorney, and general power of attorney. A medical POA can help ensure that healthcare decisions are based on your choices and preferences, even if you cant communicate them yourself. Compliance case #7754770.2

Fiduciary Duty

Cornerstone Financial Advisory

FEBRUARY 26, 2025

This includes how we plan and manage our estate. Effective estate planning is an act of financial stewardship. With our estate, we have the immense power to bless others, including our families, children, and charitable organizations we care about. In fact, your estate plan can reflect your deepest held values.

Estate Planning

WiserAdvisor

JULY 29, 2025

Without a proactive estate plan, families may face avoidable tax burdens, increased complexity, and reduced control over how their wealth is passed on. Grandparents often use this to remove a significant chunk from their estate while helping a grandchild avoid student debt. 3. What happens next remains uncertain.

Taxes

Yardley Wealth Management

JANUARY 28, 2025

The post Expert Insights: Estate Planning Communication and Modern HR Leadership Challenges in 2025 appeared first on Yardley Wealth Management, LLC. Medical Provider Awareness: Ensure healthcare providers have copies of your advance directives. Ensure documents are easily accessible when needed.

Estate Planning

Wealth Management

AUGUST 13, 2025

Related: Estate Planning Isnt Just for Lawyers On remand, the district court concluded that the term “primary” in this context means “substantial” and that Mayo Clinic had a substantial educational purpose and no substantial noneducational purpose during the relevant tax years. Tax Refund Mayo Clinic Wins $11.5M Finer, Brianna L.

Taxes

Tobias Financial

JUNE 12, 2025

This means parents may no longer have access to their child’s medical records, financial accounts, or the ability to make decisions on their behalf, even in emergencies. While we do not provide legal advice, we can help you understand how these documents may fit into a broader financial or estate plan.

Medical

WiserAdvisor

JULY 1, 2025

Estate planning is not just for the wealthy; it is essential for anyone who wants to ensure their assets are managed and distributed according to their wishes. Whether you own an elaborate portfolio or a single family home, having a comprehensive plan in place can protect your legacy and provide peace of mind for your loved ones.

Estate Planning

Wealth Management

JULY 18, 2025

Key transitionable tasks include transportation, daily hygiene routines and medication management. Whats the Status of Jeffrey Epsteins Estate? This allows families to gauge reliability, build relationships with agencies and uncover potential gaps before a crisis occurs.

Estate Planning

Wealth Management

JULY 30, 2025

Living Wills A living will is a document that outlines a person's wishes regarding medical treatment in situations where they’re no longer able to communicate their decisions. DNR orders are typically discussed with healthcare providers and documented in medical records to guide healthcare professionals during emergencies.

Estate Planning

Abnormal Returns

JULY 13, 2022

peterlazaroff.com) Estate planning Why you need an estate plan. morningstar.com) Much of medical debt is being removed from credit reports. (standarddeviationspod.com) Peter Lazaroff talks with Brian Feroldi author of "Why Does The Stock Market Go Up?: wsj.com) How a HECM mortgage works. visualcapitalist.com).

Estate Planning

Nerd's Eye View

JANUARY 8, 2024

is the projected future direction of medical care, where, instead of taking a reactive approach to disease and illness, healthcare practitioners instead invest more energy focusing on preventing illness and maintaining good health in the first place through more personalized plans for patients.

Financial Advice

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? To start the conversation with clients preparing to transfer wealth, you can simply say: “Tell me about who in the family was involved in the development of your estate plan.”

Estate Planning

Yardley Wealth Management

NOVEMBER 19, 2024

The post Including Pets in Your Estate Plan for Peace of Mind appeared first on Yardley Wealth Management, LLC. Including Pets in Your Estate Plan for Peace of Mind As a pet owner, you’ve likely considered your furry friend’s well-being in many aspects of your life. People now treat pets like family.

Estate Planning

Carson Wealth

APRIL 4, 2024

1 It’s important to have these conversations – and it’s vital to have them before cognitive decline or a medical emergency occurs. Information you’ll want to document includes: Bank accounts Investments Retirement accounts Estate planning documents (wills, trusts, etc.)

Management

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

Clever Girl Finance

AUGUST 19, 2024

But with the right planning, you can confidently figure out how much to save for a baby and still stay on track with your financial goals! Create or revise your estate plan 9. Plan for emergency expenses 11. If you already have an estate plan, make sure to update it to include your new baby.

Insurance Coverage

Integrity Financial Planning

JUNE 27, 2023

By staying healthy, retirees can reduce medical expenses, enjoy a higher quality of life, and preserve their wealth for future generations in doing so. 4] Leaving a Legacy for Future Generations To ensure the preservation of generational wealth, retirees must plan for the distribution of their assets after their passing.

Retirement

Integrity Financial Planning

NOVEMBER 20, 2023

You can start to gauge what you need and what needs to change about your financial plan in order to make the most out of your retirement. This is also the time when considering medical insurance and Medicare options are both important. [1]

Retirement

MainStreet Financial Planning

MAY 17, 2023

Skilled Nursing: Medical facilities that offer a higher level of care, particularly for individuals with complex health needs, providing specialized medical services and round-the-clock support. It’s Never too Late to Start Planning There is a saying, “If you don’t make a plan, a plan will be made for you”.

Retirement

MainStreet Financial Planning

AUGUST 8, 2022

They’ve learned to balance the many facets of parenting aging parents, including medical, financial, and everyday-life decisions, emotional rollercoasters, protecting their parents from scams, and more, all while parenting their college-age kids, and building their careers.

CFP

Workable Wealth

NOVEMBER 11, 2020

Prepare Your Estate Planning Documents. People have a laundry list of reasons to avoid estate planning. Let’s look at some key estate planning documents: Will. A will outlines your wishes for your estate. Medical Directive. Keep in mind, not everyone needs life insurance.

Estate Planning

WiserAdvisor

OCTOBER 30, 2023

Understand your condition, prepare for all the questions that the doctor would ask, ensure all your test reports and medical history documents are in order and so on. Consider the needs of your family A sound financial plan always has room for the needs of the family members. What do you do before you visit a doctor?

Financial Advisor

Integrity Financial Planning

NOVEMBER 20, 2023

You can start to gauge what you need and what needs to change about your financial plan in order to make the most out of your retirement. This is also the time when considering medical insurance and Medicare options are both important. [1]

Retirement

Gen Y Planning

NOVEMBER 5, 2021

You may be able to itemize if you have mortgage interest, student loan interest, high medical costs, and more. Check-In On Your Estate Plan. It’s really easy to put off estate planning. With so many other responsibilities and commitments, your estate plan may not even be on your mind.

Taxes

WiserAdvisor

FEBRUARY 19, 2024

Together, both types of insurance plans provide a safety net for unexpected medical expenses and serve as an alternative strategy to shield your retirement nest egg from potential financial shocks. The HSA is a unique and powerful financial tool designed explicitly to help you proactively save for qualified medical expenses.

Retirement

Yardley Wealth Management

OCTOBER 26, 2020

Sure, if you have a diagnosis or medical condition where your doctor doesn’t think you are going to live very long, go ahead and take your benefits early. We are a fiduciary, fee-only financial planning, and wealth management firm in Yardley, Pennsylvania (that’s in Bucks County). Otherwise, wait. YEP E-Newsletter: [link].

Wealth Management