Plenty of Opportunities for Year-End Planning
The “Money Talks” experts provide listeners with some useful year-end planning tips that cover estate, tax, investment, and financial planning.
Estate Distribution Doesn’t Always ‘Work Itself Out’
The “Money Talks” experts delve into a situation of two sons concerned their father’s assets will be left to his fourth wife, and “everything will work itself out.” They cover the importance of coordinating beneficiary designations as well.
Passthroughs Can Benefit from Georgia HEART Program
Since 2017, the Georgia HEART Program allowed taxpayers to make a donation to a qualified rural hospital organization (RHO) in Georgia and receive a tax credit on their Georgia income tax liability.
Cash-Out Refinance before Retirement—Are You Crazy? Look at the Math First
In this week’s case study, our Experts discuss the desire to pay off one’s house, a common want among those about to retire. They take a look at the math and the psychology behind this “sleep better at night” scenario and then apply the Ten Year Rule to this common situation.
Don’t Overlook the Other Estate Planning Documents
The “Money Talks” hosts review the important estate planning documents everyone should have in order.
Holding Periods for Capital Assets
The “Money Talks” Experts discuss a situation for a couple of investors who have bought and sold several different types of assets throughout the year. They talk about the holding periods and how they affect the capital gains treatment.
It Matters When You Buy Long-Term Care Insurance
Our hosts delve into a recent client situation where a fairly young couple are looking to purchase a long-term care policy. Jim discusses how their age and our current interest rate environment may affect their rates.
Keep Your Plan Based on Your Needs, not Politics
The “Money Talks” hosts discuss whether the threat of a presidential impeachment should be a reason to change your portfolio or financial plan.
Is Cash King When Selling a Business?
The “Money Talks” experts take a deeper look at evaluating offers when exiting your business. They discuss the difference between taking a higher selling price with an earn out clause versus taking an all cash offer.
Saving for Retirement—Taking the Tax Savings Now or Later
The “Money Talks” experts compare saving money to a Roth IRA for tax-free retirement funds versus taking the tax break now by saving pre-tax money to a 401(k).