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WPN360
Jun 26

An Overview of Asset Transfer Strategies

As you grow older, you have most likely accumulated not only wealth, but properties, and other assets that are included in your estate. However, having all your assets in your estate is not always ideal, and there are many reasons to transfer or gift assets, either initiated by a life event, or suggested by an […]

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WPN360
May 29

Cracking the Nest Egg: When Accumulation Becomes Distribution

Throughout your working life, I am sure that you have been saving as much possible into IRA’s, 401(k)’s, and investment accounts to save for retirement. During the accumulation phase, you save, and hopefully maximize total returns on all accounts. Your ultimate goal would be to have a large enough “nest egg” to support you and […]

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WPN360
Apr 12

The Importance of Asset Location in Retirement

There is a reason why you hear advisors stress diversifying your portfolio strategically depending on your situation, and I am not only referring to asset allocation, that is to say, dividing an investment portfolio among different asset categories, i.e. stocks, bonds, and cash.  I am talking about asset location. Asset location is a very important […]

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WPN360
Mar 20

Tax Cuts & Jobs Act – How Can I Prepare?

By now, the Tax Cuts & Jobs Act is news that we are all aware of. New legislation and statutes put in place should be an indication for everyone to review their current estate plan and assess by asking yourself simple, yet critical questions. “When was the last time I examined my will or trusts?” […]

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WPN360
Feb 12

Estate Planning Documents: How important are they?

When you think of retirement, what questions cross your mind? “Do I have enough saved for retirement?” “Is my portfolio growing at a fast-enough rate?” Those are all critical questions to think about, however, many overlook other important aspects of retirement planning. Creating essential estate planning and legal documents is just as important as how […]

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WPN360
Jan 16

Planning for a 30-Year Retirement

There are many challenges facing boomer retirees, including longevity, inflation and market risk, taxes and unforeseen expenses, just to name a few. Everyone is susceptible to these risks, but there are ways to avoid some or all of these risks that may arise in retirement. As retirees are living longer, retirement planning is becoming somewhat […]

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WPN360
Nov 16

Turning a $14,000 Tax-Free Gift Into a $1,500,000 Gift

A headline sounding more like the used car salesman’s pitch we’ve all been cautious about. However, this is no joke or trick. By becoming informed and knowing current tax laws, you could be saving you and your heirs millions of dollars upon your and your spouse’s death by strategically planning your estate and taking advantage […]

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WPN360
Sep 15

529 Savings Plan

As your children and grandchildren are going back to school, it may be time to think about their educational future, and how you may be able to help them. Loans, financial aid, and scholarships are an option, but are they the best option? Are they guaranteed? Surely the answer is no. This is where the […]

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WPN360
Aug 17

Trust Owned Life Insurance- How to Effectively Use Insurance For Estate Planning

Many high net-worth individuals often wonder what the best way is to create a seamless estate plan, and though there are many options, trust-owned life insurance (TOLI) has been proven to be very beneficial, as it enables the trust to provide for the beneficiaries by balancing inheritances among the heirs estate tax-free, which poses as […]

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WPN360
Jul 24

How to Prepare for Tax Reform in an Ever Changing Political Environment

Tax Reform can be uneasy, especially in this era. Many people are expecting President Trump to restructure taxes, and possibly change gift and estate tax rules. However, nothing is set in stone, which is creating anxiety for many citizens, especially those who are nearing retirement or are currently retired. The uncertainty about the Republican tax […]

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