Intentional Wealth Planning

As we enter the Thanksgiving season, I’m reminded of how special it is to gather with family and friends. This time of year gives us all a chance to reflect, to appreciate the people who fill our lives with meaning, and to honor the experiences that shape us. Looking back on the past year, I feel grateful for the connections made, the lessons learned, and the milestones achieved. It’s also a time to look ahead—to set new goals, to envision growth, and to embrace the challenges that will come our way. Thanksgiving is more than a holiday; it’s a moment to pause, reflect, and re-center on what truly matters. Here’s to taking time to be present with loved ones, to acknowledge the journey, and to welcome all that lies ahead. Wishing you all a Thanksgiving filled with gratitude and joy. Let’s make the coming year even more memorable.

As Thanksgiving approaches ??, we want to take a moment to express our gratitude to our clients, partners, and team members who make Intentional Wealth Planning what it is. Thank you for trusting us to guide you through life’s important financial decisions ??. We’re honored to be part of your journey and are committed to helping you achieve your financial goals ??. The strength of our firm is built on these relationships, and we’re grateful to each of you for your role in our growth. Here’s to another year of growth, collaboration, and success together ??.

With 2025 just around the corner, we are committed to evolving our services to better meet our clients' needs. We look forward to supporting you on your financial journey. As your financial advisor, we’re dedicated to continuous improvement and delivering value at every step. Thank you for being part of our journey, and here’s to a successful year ahead together.

The holidays are an ideal time to have meaningful conversations with family about wealth and future goals. Topics to Consider: ? Family values around wealth ? Goals for charitable giving ? Estate plans and future intentions These conversations can build clarity, trust, and understanding across generations. Opening up now can lead to alignment that strengthens family ties and sets everyone on the same path. If you’d like resources on approaching these topics, we’re here to help.

High-income families may benefit from thoughtful estate planning, including the use of trust structures. Trusts can play a role in managing assets, addressing estate tax considerations, and supporting a seamless transfer to heirs. Some common trust options include: ? Revocable Living Trusts: Allow control over assets during one’s lifetime and may help avoid probate. ? Irrevocable Trusts: Often used for potential estate tax reduction and to shield assets from creditors. ? Family Dynasty Trusts: Can be structured to facilitate multi-generational wealth transfer. Estate planning can be complex, but it is essential in helping protect your family and wealth. With a well-suited plan in place, you can help ensure your legacy is structured to endure. Contact us to explore options that align with your family’s needs and goals.

Passing Down Wealth vs. Passing Down Values Building a legacy involves more than just transferring wealth; it’s also about sharing the values that have shaped your life. Family financial education and discussions around values play an essential role in fostering generational wealth. Establishing these priorities now can help prepare the next generation for the responsibilities that come with financial assets. An effective legacy plan can integrate financial considerations with family values to support a meaningful legacy. We’re here to explore strategies with you to help align values and assets in your legacy planning. Let’s discuss what matters most to you and your family

Reviewing Partnership Agreements Are you in a partnership? Now is a good time to review your partnership agreement and ensure it aligns with your long-term goals. Checklist for Year-End Review: ? Review Ownership and Profit Shares: Ensure your shares and distributions are accurate. ? Analyze Tax Implications: Assess potential tax liabilities and benefits with your CPA. ? Check Strategic Goals: Is the partnership meeting its intended objectives? Taking time to review partnership agreements now can prevent misunderstandings and costly surprises in tax season. As your trusted advisor in financial planning, we're here to help you navigate your financial decisions with confidence. If you have any questions about partnership agreements or other planning topics as you approach year-end, please feel free to reach out.

Client Empowerment Story Success isn’t just about investments – it’s about taking proactive steps that drive financial outcomes. Here’s a story that highlights the impact of planning ahead. Recently, we worked with a client who came to us with a substantial taxable event on the horizon. By moving quickly, we implemented tax-loss harvesting and coordinated with their CPA to utilize tax-efficient charitable giving. The Result? They saved a lot in taxes, maintained their long-term investment strategy, and felt empowered by taking charge of their financial picture. Proactive planning, especially with the right team, can lead to meaningful savings and peace of mind. Could a similar strategy work for you?

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Financial Moves to Wrap Up Before Year-End It’s hard to believe we’re already approaching year-end. Now is the time to make strategic financial moves that can impact your tax situation and investment outcomes. Top Tips to Wrap Up Before 2024: ? Max Out Contributions: Take advantage of tax-deferred accounts like IRAs or 401(k)s to boost your retirement savings and lower taxable income. ? Consider Charitable Giving: Donating appreciated assets can help you avoid capital gains while supporting causes you care about. ? Review Your Portfolio: Tax-loss harvesting could be valuable in offsetting gains and helping you reduce your tax bill. Every year brings new opportunities to enhance your financial health, but these key moves require action before December 31. By planning today, you set yourself up for better outcomes tomorrow. If you’re ready to take charge of your financial year-end, reach out to discuss your options.