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...
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...
How To Preserve Your Wealth: Strategies For High-Income Earners
This article was published at Forbes.com in December 2023 and can be read in its entirety below. Click here for a link to the original article. Black Walnut Wealth Management contributes articles and is featured in various...
5 Tax Tips for Small Business Owners
2022 has proven to be among the most eventful, challenging years for many small business owners. With uncertainty surrounding a recession and high inflation rates, you have certainly dealt with enough. Here are five things...
How to Choose a Financial Advisor
Deciding to work with a financial advisor is an important decision. Working with a financial professional means optimizing opportunities and taking advantage of planning strategies you might not have been aware of. A financial advisor...
5 Simple Strategies to Pay Off Dental School Debt
According to the American Student Dental Association, the average debt for a person receiving their DDS degree is about $300,000. That’s on par with debt levels from other professional degree programs like doctors and lawyers...
Tax Strategies for High Earners
Preparing a strategy that is both advantageous and tax-efficient might feel daunting at first. Thankfully, there are some things you can do now to keep from overpaying this tax season. Build Your Team of Professionals...
Are you an MD? Create Your Financial Plan While Considering These Five Factors
Medical professionals spend their lives caring for others, but that doesn’t mean their own financial well-being should be left on the backburner. From the moment a doctor earns their MD to the day they hang...
What is a Mega Backdoor Roth IRA? Here’s How to Take Advantage of the Tax Savings
Having the financial resources necessary to enjoy retirement is key to this exciting stage of life. You’ve likely heard of a backdoor Roth IRA, but for some looking to maximize their withdrawals in retirement, a...
Learn How Doctors Can Save Thousands Per Year With HSA Contributions
A Health Savings Account (HSA) can provide doctors an efficient way to save. The key benefit of an HSA is that it enables physicians to put away a portion of their paycheck without being taxed...