‘It’s a high price to pay’: My adviser says I don’t need a withdrawal plan for my $2.3 million portfolio. Is he right?
“His proposal involves a proprietary equity hedge strategy to manage $700,000 of my assets.”
“His proposal involves a proprietary equity hedge strategy to manage $700,000 of my assets.”
On July 4, 2025, the One Big Beautiful Bill Act (OBBBA) was signed into law. Under the OBBBA, the federal estate, lifetime gift and generation-skipping transfer (GST) tax exemption amounts increased to $15 million per individual, indexed for inflation. For many clients, this level of exemption eliminates the need for additional complex transfer tax planning….
Somewhere in most 1031 exchanges, the advisor hits a fork. The client has an appreciated rental or a small commercial building, a gain large enough that a straight sale would hand close to a third of it to the IRS, and a growing sense that they are done being a landlord. They have 45 days…
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US President Donald Trump speaks after signing an executive order to drastically shrink two national monuments in Utah, paving the way for fossil fuel extraction and mining. Saul Loeb | AFP | Getty Images The United States is imposing additional 50% tariffs on a range of Canadian goods in response to alleged trade discrimination against…
AI chatbots reportedly are coming after the role of financial adviser but good luck, advisers say. Financial advisers aren’t just dispensing help on investments and padding a nest egg anymore. Financial advisers now also act as friend, confidant and sometimes daily assistant to help clients manage their lives and reduce their stress. They work so…
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