This article was published in the October 2023 issue of the Traverse City Business News and can be read in its entirety below. Black Walnut Wealth Management contributes articles and is featured in various media outlets....
4 Ways to Reduce Your Capital Gains Tax
Are your investments in a gain position? If yes, you’re in a good spot. It’s always better to be in a gain than a loss, but that also means you may have a tax liability...
If Widowhood Happened Tomorrow, Would You Be Prepared?
No one wants to think about something happening to someone we love, but it’s important to be prepared. If you were to become a widow tomorrow, would you know what to do? Here, we share...
Understanding the Home Sale Tax Exclusion
This article was published in the August 2023 issue of the Traverse City Business News and can be read in its entirety below. Black Walnut Wealth Management contributes articles and is featured in various media...
Are Your Adult Children Still Asking for Money? Here are Four Ways to Get Them to Stop Relying on You Financially
Helping your adult children financially might look as simple as covering their phone bill or as significant as contributing to a house down payment. As children transition into adulthood, most parents still have the desire...
FDIC Limits Explained
If nothing else, the recent failures of Silicon Valley Bank and First Republic Bank highlighted the importance of Federal Deposit Insurance Corporation (FDIC) insurance. FDIC insurance protects deposits at member banks in the highly unlikely...
Maximize Your Retirement: 3 Budgeting Tips to Safeguard Your Financial Future
Retirement is a milestone we’re all working hard to reach. But sometimes this goal can feel so distant that it’s more like a dream—especially after the last few years we’ve had. But you’ve worked too...
You’ve Inherited Money, Now What Should You Do?
What would you do if you received an inheritance of money? Most people don’t think about this unless they already know it’s coming in the near future. Even then, it can be overwhelming to face...
How Much Do I Need to Retire Comfortably?
Most financial experts advise that you should plan to have saved enough money to generate 80% of your pre-retirement annual income each year in order to retire comfortably. When planning for retirement, there are multiple...
Bank Run Insights
It’s hard and often counterproductive to comment about breaking news while it’s still moving through the proverbial grinder — which is why we usually don’t. However, we feel it’s worth commenting on the growing number...