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Linda, a mother of three, was preparing for a significant wealth transfer and needed a comprehensive financial plan for her entire family. She asked, “How can I ensure my children are financially secure?” and “What steps should I take to manage this wealth effectively?” We helped Linda create a detailed estate plan, set up trusts for her children, and provided education on financial literacy to ensure her family could manage and grow the wealth responsibly.

Wishing you and your family a happy and healthy Thanksgiving!

Building an emergency fund starts with setting a clear savings goal, typically three to six months’ worth of living expenses. Begin by setting aside a small, manageable amount each month, and gradually increase it as you can. Keep these funds in a high-yield savings account to ensure they are easily accessible but still earning interest. Automating your savings can also help you stay consistent and reach your goal faster.

You should understand how the estate tax may affect your estate plan. Check out this article to learn more.

Every pay period, you pay 6.2 percent of your salary in taxes that finance your future benefits (retirement, disability, and survivor's benefits) and those of other Americans. Learn how to optimize these benefits by checking out this helpful article.

Business owners, if you're not capturing these expenses, you may be overpaying your taxes.

For year-end tax planning, consider strategies such as accelerating expenses and deferring income to reduce taxable income for the current year. Take advantage of tax credits and deductions, such as the Research and Development (R&D) tax credit or Section 179 deduction for equipment purchases. Additionally, review your retirement plan contributions and consider making charitable donations to benefit from tax deductions.

Anthony, who's nearing retirement, was concerned about his financial readiness. He asked, “Will I have enough to retire?” and “How can I save more for retirement?” We conducted a comprehensive review of Anthony’s finances, created a personalized retirement plan, and suggested strategies to boost his savings, such as maximizing contributions to his retirement accounts and reducing unnecessary expenses.

Selecting which Trump trades turn into Trump investments is just as difficult this time around as it was in his first term. The right bets might seem obvious now, but they did back then, too.

These days, things are moving incredibly fast in crypto. Ideas that seemed outlandish a month ago are now somewhere between possible and probable. This recent article gives a deeper look at crypto and what to look for as an investor: https://lnkd.in/gcNB2c88