A communications failure can derail your legacy
When wealth transfer fails from one generation to the next, a communications failure may be one of the leading causes.
Putnam Wealth Management
Preserving and sustaining wealth for the future
Clients need help with complex financial planning matters such as efficient wealth transfer, tax and inflation risk, and sustainable income in retirement. Financial-planning experts Bill Cass and Chris Hennessey weigh in each week with a range of insights, tips, and legislative updates.
Social strategies to meet clients’ families
As trillions of dollars are expected to move from boomers to the next generation, advisors may consider using social strategies to meet the entire family.
Identifying key contacts in the next generation of investors
Only a small percentage of heirs stay with the financial advisor used by their parents, making it critical for advisors to connect with the next generation.
Huge wealth transfer sparks ideas as advisors rethink their businesses
In a new wave of wealth transfer, $30 trillion is projected to move to the next generation over 30 years, leading some advisors to rethink their businesses.
Can decanting add flexibility to estate planning?
When the tax landscape is unclear, flexibility can be important. For investors with irrevocable trusts, some states give trustees more flexibility with decanting.
A tax diversification strategy may help investors cover their bases
In an uncertain policy environment, it may make sense for investors to also consider tax diversification when planning for retirement income.
Little-known strategy provides for IRA-to-HSA transfer
A strategy that allows investors to make an IRA-to-HSA transfer may be used only once in a lifetime.
How an LLC can help safeguard assets
A limited liability company (LLC) is among several strategies that may help protect assets from creditor risk.
Republicans take first step to repeal Obamacare
Congressional Republicans this week introduced the American Health Care Act in a move to repeal and replace the Affordable Care Act.