This article was originally published at Forbes.com in February 2024 but has been updated to align with 2026 information. Click here for a link to the original article. For families saving money for college, 529 savings plans...
What Are Tax-Focused Gifting Strategies?
While engaging in acts of giving is generally driven by personal and emotional factors, it’s important to consider the potential tax implications. Tax-focused gifting strategies, such as donor-advised funds and qualifying charitable contributions, can help...
Tips to Prevent Overpaying the IRS – Why it’s Important to Have a Tax Plan
This article was published in the March 2023 issue of the Traverse City Business News. We have updated the content to reflect any recent changes to the tax code and for clarity. Most of us...
Cash in Kind: Charitable Giving Can Help The Donor As Well As The Cause
This article was originally published in the December 2023 issue of the Traverse City Business News and can be read in its entirety below. We have updated the content to reflect any recent changes to...
4 Year-Long Tax Tips for Retirees
Whether you’re just easing out of the workforce or you’ve been in retirement for a few years, making the right financial moves is critical. Whether you’re working with an advisor or handling your own finances,...
Back to Basics: 9 Common Insurance Mistakes to Avoid
Having at least a basic insurance plan is essential. While many jobs cover your insurance needs, not all of them do. It’s important to figure out what insurance plans you need and what works best...
Do You Own a Business & Plan on Retiring Soon? 5 Tips for Starting Your Business Transition Plan
In simple terms, business transition planning is a strategy that can be put into play when a business is sold or changes hands. For company owners nearing retirement, a successful transition plan can play an...
Investing in Their Future: 4 Smart Financial Gifts for Kids and Grandkids
Finding the right gift for kids and grandkids isn’t always easy. Toys break, trends change, and clothes are quickly outgrown. That’s why more families are considering financial gifts that last far longer. A contribution toward...
How to Choose the “Right” Financial Advisor for You
Finding the right financial advisor can be overwhelming. There’s a lot at stake, the options are confusing, and the fear of choosing wrong is real — especially when your retirement, family legacy, or financial peace...
Protecting Wealth in a Digital World: A Cybersecurity Guide for High-Net-Worth Families
Our lives are increasingly digital. Online banking, electronic investment platforms, and even day-to-day communication have brought unmatched convenience. But this convenience comes with risk — cybercriminals are no longer focused only on corporations. They are...