A bill has been introduced to the California Senate (SB378) to introduce a 40% state estate tax. Unlike the federal estate tax which has a $11.4mn exemption, this proposed state tax would only have a $3.5mn exemption.
Published on: 05/10/2019 | Category: Financial Plan Taxes
The year of a spouse’s death is a difficult time. It is also a crucial period for making sure the surviving spouse has enough to provide for their remaining years. Starting a financial plan early on can help mitigate the stress associated with navigating financial decisions when this occurs.
Published on: 12/24/2018 | Category: Financial Plan
If you strive to give to charity each year, but have variable income, a donor advised fund could be a good fit for you. Donor advised funds allow you to take a tax deduction today for funds set aside for future donations. Once money is put into the donor advised fund, it can only be sent to charity. We can open donor advised funds can be opened with an initial contribution of $5,000 or more.
Published on: 12/17/2018 | Category: Financial Plan
Every year, many people spend considerable time trying to discern the best gift for family members. Despite the time spent by givers, many of the gifts are ultimately returned or unused.
Published on: 12/10/2018 | Category: Financial Plan
Explanations for the mass exodus from active to passive funds have included low stock dispersion and a long bull market. But William F. Sharpe’s fundamental arithmetic makes no assumptions about correlation or the direction of the market.
Published on: 12/03/2018 | Category: Investment Management