Planning for Prosperity / Wealth Management Advisor

Showing 33–48 of 301 results

  • Should you hold your vacation home in an LLC?

    January / February 2020
    Newsletter: Planning for Prosperity / Wealth Management Advisor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 411

    Abstract: Holding a vacation home shared by family members in a limited liability company can offer important benefits. This short article lists several: asset protection, ease of management, ownership restrictions and estate planning advantages.

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  • New tax strategies for charitable givers

    January / February 2020
    Newsletter: Planning for Prosperity / Wealth Management Advisor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 578

    Abstract: The passage of the Tax Cuts and Jobs Act (TCJA) changed or eliminated tax benefits for many charitable donors who no longer itemize deductions. However, tax-saving strategies may still be available. This article proposes “bunching,” or donating twice as much in alternate years to take advantage of itemizing, and then using the standard deduction in the other years.

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  • Time is money – How Millennials can take advantage of it

    January / February 2020
    Newsletter: Planning for Prosperity / Wealth Management Advisor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 707

    Abstract: Millennials face some unique challenges when it comes to investing for retirement. Most came of age after the 2008 financial crisis and many are burdened by student loan debt and rising health care costs. This article explains how young adults can use time and the compounding effect of reinvesting earnings to accumulate a nest egg.

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  • NQDC plans offer important benefits — and some notable risks

    January / February 2020
    Newsletter: Planning for Prosperity / Wealth Management Advisor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 854

    Abstract: Nonqualified deferred compensation (NQDC) plans allow participants to set aside large amounts of tax-deferred compensation. They also enable participants to schedule distributions to align with personal financial goals. However, NQDC plans pose substantial risks. This article compares the pros and cons. A sidebar warns about noncompliance with Internal Revenue Code Section 409A.

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  • Exchange-traded funds: Pros and cons

    November / December 2019
    Newsletter: Planning for Prosperity / Wealth Management Advisor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 381

    Abstract: Exchange-traded funds (ETFs) are similar in many ways to mutual funds, but there are also significant differences. This short article looks at some of the benefits (such as generally low fees) and drawbacks (the lack of active management) of ETFs.

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  • Should you retire your mortgage before you retire?

    November / December 2019
    Newsletter: Planning for Prosperity / Wealth Management Advisor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 505

    Abstract: Many personal finance experts recommend paying off a mortgage before retiring. But there are also strong arguments in favor of prioritizing other financial goals, such as contributing to a retirement savings plan. This article considers both sides and encourages individuals to consider all relevant factors.

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  • Capital gains planning – When timing is everything

    November / December 2019
    Newsletter: Planning for Prosperity / Wealth Management Advisor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 711

    Abstract: The timing of capital gains and losses can have a significant impact on an investor’s tax bill. This article touts the advantages of holding appreciated investments longer. It also discusses timing for selling securities at a loss and how to offset losses against gains to reduce overall taxes. A sidebar notes that there’s still time to reduce one’s 2019 tax bill.

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  • Reversing direction – The benefits of “upstream” estate planning

    November / December 2019
    Newsletter: Planning for Prosperity / Wealth Management Advisor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 889

    Abstract: Traditional estate-planning techniques often focus on transferring wealth to the next generation in a tax-efficient manner. But shifting wealth to the older generation (commonly described as “upstream” planning) can also be an effective strategy. This article discusses the benefits of transferring appreciated assets to parents. A sidebar answers the question, “Should you buy your parents’ home?”

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  • Sec. 529 vs. Roth IRA plans – Choosing a college savings tool

    September / October 2019
    Newsletter: Planning for Prosperity / Wealth Management Advisor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 417

    Abstract: Many people assume that a Section 529 plan is the ideal college savings tool. But the Roth IRA can also help parents save for college expenses. This article reviews the strengths of each. For example, Sec. 529 plans allow participants to make substantial nondeductible contributions. Owners of Roth IRAs can withdraw contributions anytime, tax- and penalty-free, for any purpose.

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  • How to make market volatility your friend

    September / October 2019
    Newsletter: Planning for Prosperity / Wealth Management Advisor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 812

    Abstract: Maintaining positions in a well-diversified portfolio is the best response to market volatility. But there may be something else investors can do: Use falling prices as an investment opportunity. As this article argues, market declines aren’t purely negative events. They can allow investors to buy stocks that would have been more expensive a month or a year previously. A sidebar discusses why, when evaluating portfolio risk, the investor’s time horizon is critical.

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  • Divorcing? Revise your estate plan

    September / October 2019
    Newsletter: Planning for Prosperity / Wealth Management Advisor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 639

    Abstract: Divorce requires individuals to attend to several important estate planning items. This article explains what the law says about ex-spouses’ rights under wills and trusts and how the soon-to-be divorced should act to protect their own interests and those of their children. It recommends several types of trusts for this purpose.

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  • Have your cake and eat it too – SLATs provide tax benefits and enable wealth access

    September / October 2019
    Newsletter: Planning for Prosperity / Wealth Management Advisor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 528

    Abstract: The Tax Cuts and Jobs Act temporarily doubled the estate and gift tax exemption to $11.4 million. But the exemption is scheduled to return to its previous level at the end of 2025. Affluent families can potentially make the most of the elevated exemption while retaining at least some access to their wealth by using a spousal lifetime access trust (SLAT). This article talks about the trust features.

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  • Active vs. passive investing: How the strategies actually differ

    July / August 2019
    Newsletter: Planning for Prosperity / Wealth Management Advisor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 410

    Abstract: This article discusses active vs. passive investing, explaining that neither approach is inherently better than the other. However, depending on market conditions and other factors, either strategy can outperform. Ultimately, the right approach depends on the investor’s specific circumstances, goals, time horizon and risk tolerance.

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  • A trust can be a mighty financial fortress

    July / August 2019
    Newsletter: Planning for Prosperity / Wealth Management Advisor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 530

    Abstract: Trusts are often established to achieve estate planning goals, including reducing taxes. But they can also help protect assets from creditors, former business partners, ex-spouses and “spendthrift” children. As this article explains, a trust must be irrevocable. It may also make sense to give trustees full discretion over whether and when to make distributions.

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  • 3 options if your term life insurance is expiring

    July / August 2019
    Newsletter: Planning for Prosperity / Wealth Management Advisor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 637

    Abstract: A term life insurance policy can be a powerful, cost-effective tool for helping families meet their financial obligations following the death of a spouse or parent. But what happens when the term ends? This article talks about three options: Renew the existing policy, purchase a new term life policy and switch to permanent life insurance.

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  • QSBS offers remarkable tax breaks – But be sure to follow strict rules

    July / August 2019
    Newsletter: Planning for Prosperity / Wealth Management Advisor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 854

    Abstract: An often-overlooked provision of the U.S. tax code — Section 1202 — offers investors a remarkable tax break: the ability to exclude up to 100% of the gain on the sale of qualified small business stock (QSBS). But as this article explains, the stock must meet certain requirements and investors should weigh the benefits against the potential tax costs and investment risks. A sidebar warns that QSBS can be disqualified if it’s redeemed within two years of issuance.

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