generational wealth management

What You Need to Know About Generational Wealth Management

Discussing the transfer of wealth from parents to children can be uncomfortable for both parties. Yet by introducing your kids/grandkids to the wealth management process from a young age, affluent families may be able to diminish family tensions later in life and help ensure that the planning tradition passes intact to future generations. Closing the Communication Gap Opening the discussion …

marriage and finances

Let’s Talk About Marriage…….

Marriage affects your finances in many ways, including your ability to build wealth, plan for retirement, plan your estate, and capitalize on tax and insurance-related benefits. There are, however, two important caveats. First, same-sex marriages are recognized for federal income and estate tax reporting purposes. However, each state determines its own rules for state taxes, inheritance rights, and probate, so …

fiduciary DOL Arizona

I ain’t afraid of the DOL!

There has been a lot of talk surrounding the Department of Labor’s new fiduciary rules.  The gist of the whole thing is the fact that financial advisors will have to act as fiduciaries, meaning that they have to put their client’s interests first before their own. Wait a minute.   Isn’t that a financial professional is supposed to be doing? This …

Estate Planning for Those Living in Blended Families

Today majority of blended families live together peacefully without any issues. However, what if one spouse dies suddenly? How are the biological children of the deceased spouse placed in terms of inheritance? It is particularly important for blended families to discuss matters related to estate planning before hand. Here are a few points that could help with estate planning for …

Settling an Estate: The Process

Settling an estate can turn out to be a tough process for anyone, especially the individuals most affected by the death. If you are aware of the state laws, and follow a few practical steps, then the process will flow much faster for you. The meaning of settling an estate whether it is located in Chandler, Gilbert, Mesa, Phoenix or any …

Planning for Retirement | Retirement Planning

Having the choice to retire requires financial freedom. Proactive retirement income planning can help you pursue this freedom. Here are 3 simple steps to help you start planning right away: Define your Retirement Goals Develop a Plan to Generate Income Review your plan annually Define your Retirement Goals Whether you’re looking to better your health or your financial security, establishing …

What is a Comprehensive Wealth Manager?

A comprehensive wealth manager can handle all of your financial needs no matter what your life stage; they offer expertise in a variety financial specialties: Investment Services Retirement Planning Estate Planning Insurance Tax Planning Integration:  Advantage of a Comprehensive Wealth Manager An advantage of working with a truly Comprehensive Wealth Manager is that a single person is able to integrate …