Trustees: Save on Taxes with the Trust Distributions 65-Day Rule
January 18, 2023
Have you ever wished for the benefit of hindsight when preparing to file taxes? For fiduciaries, taxes can be especially tricky, because there may be
The Prudent Perspective – Q4 2022
January 12, 2023
Among the multitude of new buzzwords that proliferated in 2022, one that has been quoted with particular frequency in business parlance is the term, “hard landing.”
Your Financial Planning Checklist for the New Year
January 11, 2023
The new year is upon us. This year 66% of Americans have committed to a financial New Year’s resolution, but as we know, only a
Crypto Collapse: Everything You Need to Know About FTX and SBF
January 4, 2023
On November 11, 2022, the world’s third largest cryptocurrency exchange, FTX Group, filed Chapter 11 bankruptcy protection. The press release, released via Tweet, announced they
Estate Plan: Protect Your Loved Ones and Your Legacy
December 21, 2022
Even in the wake of a global pandemic Americans are not convinced estate planning is necessary. According to a report from Caring.com, only 33% of
Tax Loss Harvesting for the Fiduciary: Pros and Cons
November 29, 2022
It has been a tough year for the bond and stock market with both the aggregate bond market and S&P 500 down. Although no one
Uniform Principal and Income Act vs. Uniform Prudent Investor Act
November 23, 2022
Fiduciaries handle an immense amount of duties and responsibilities related to the trusts they oversee. Arguably one of the most important responsibilities is complying with
8 Common Pitfalls of Investable Assets for Successor Trustees
November 11, 2022
It’s not uncommon for investors, including fiduciaries, to not have a full picture of what is held in their or their client’s investment portfolio. As
Leaving Your Job? Get Your Finances Squared Away
October 18, 2022
Thinking about leaving your job? You’re not alone. In November 2021, the nation’s quit rate reached an all-time high. Citing low pay, lack of advancement
The Prudent Perspective – Q3 2022
October 13, 2022
A few years ago, Epicurious invited 50 people into their studios to attempt at cracking a walnut. The participants engaged a wide range of tools and devices—hammers, knives, mallets, meat tenderizers, screwdrivers, and fingers were all painstakingly employed to try to crack open these hard shells.
Tax Strategies: Building a Better Financial Plan
October 7, 2022
When you’re building out a financial plan you might consider things like monthly budgeting, retirement, estate planning, emergency funds, or long-term investments. But are you
7 Best Finance Podcasts to Add Into Your Rotation
September 28, 2022
Podcasts are a dime a dozen these days. From pop culture to sports to parenting, you can find a podcast on just about any topic