On Course  ARTICLES

Most people are familiar with traditional means of mitigating tax such as contributions to Roth and traditional IRAs. One underutilized strategy is intentional tax loss harvesting, which refers to realizing a loss on an individual investment and turning it into an asset. Keep reading to learn more about this strategy.

While many people have an idea of what financial success looks like, they often fail to define what it means to them as individuals. To create this benchmark, you must first define what financial success means to you, then engage your wealth management team to be your partner in achieving your goals. Here’s how to start that process.

The sooner you lay a foundation for your retirement strategy, the better prepared you’ll be for your transition into this phase of life. To get started, these 7 considerations can help you today to map out your financial plan based upon your goals and provide you confidence in the answers.

Long-term inflation like we’ve experienced for the past year requires investment strategies to be closely evaluated for both protection and opportunity. As asset values and the price of goods and services increase, and markets fluctuate, high net worth families should consider adjustments that can protect total wealth and take advantage of unique opportunities.

Thinking about how to pass along wealth to future generations can feel overwhelming. Once you answer the question of how much you can give, you have to tackle the question of how you are going to pass the wealth along. These are the primary options to consider.

For many people, estate plans are a difficult task to get around to. And once they’re done, it’s easy to let them sit without updating for many years. But these plans are extremely important when it comes time to identifying those people who will inherit your assets and make important financial and medical decisions on your behalf. And tending to them on a routine basis is very important. Here’s why.