StillWater Financial Advisors

TAX SEASON STRATEGY - DEDUCTIONS vs. CREDITS Have you ever wondered the difference between a credit and a deduction? Which one is better? How do they impact your taxes owed? If so, this video is for you! Tax planning is much more effective proactively as opposed to reactively so if you're in need of an ongoing partner to help you strategize, let's connect! #TaxPlanning #TaxSeason #Taxes #FinancialPlanning #Deductions #Credits

TAX SEASON STRATEGY - BE PROACTIVE, SAVE MONEY There are only a limited amount of moves you can make after the calendar year ends to help your taxes. It's much better to have a proactive approach where you make tax planning and strategy more of a year approach. Done well this will help you save money and avoid surprises. Tax planning is an important part of financial planning and if you are looking for a holistic partner to help you and your family with financial strategy, let's connect! www stillwaterfa.com/contact #TaxPlanning #Taxes #TaxStrategy #FinancialPlanning

TAX SEASON STRATEGY - DEDUCTIONS Continuing the tax season videos with an explanation of standard deduction vs. itemized deduction. Ever wondered what the difference is? Are you getting credit for charitable gifts? Watch this video to learn a little bit more about deductions and when certain things do or don't help your taxes. #Taxseason #Taxes #FinancialPlanning #Deductions

Tax Season Tips - If you have access to an HSA, use it! I see Health Savings Accounts as a highly underutilized savings vehicle that is second only to the employer match. Not everyone is eligible, but if you are ....use it! If you can, make it a long term savings place and get tax free growth. Want to know more? Watch this video or reach out! #FinancialPlanning #TaxSeason #TaxSavings #Taxes #HSA

Tax Season Tips - How you can still impact your return and save for your future. Most of the moves that would have affected your 2024 return needed to be done by 12/31. However there's still a few things you can do to move the needle and that's what I touch on in this video. #FinancialPlanning #TaxSeason #TaxSavings #Taxes

LIFE INSURANCE - RECAP & KEY POINTS Many people who I've conversed with recently have been surprisingly nonchalant about reviewing their life insurance. I have heard things like "I have it through my employer" (possibly risky) or "I set that up years ago". Life insurance is not a set it and forget it thing. You may be under or over insured, paying too much for coverage, or in the wrong product for your current needs. It is wise to set up a plan to review your situation with a trusted professional every 1-2 years. The review doesn't cost you anything expect a little bit of time. If you are looking for a place to get started, reach out! Yes, I do get an agent commission when you use me to get a policy as does anyone who sells the product. However, it is paid to me through the life insurance company (not by you) and my promise is to ALWAYS put clients and their families ahead of any business interests. Want to to talk? Reach out - https://lnkd.in/gemgy3SN #lifeinsurance #financialplanning #financialliteracy #protectionplanning #family #love

WHAT IS CASH VALUE LIFE INSURANCE AND WHEN DOES IT MAKE SENSE? This video and the preceding one are quick snippets explaining the two main types of life insurance and when they are used. Cash value (permanent) insurance is more expensive than term, but there are some very intriguing use cases around infinite banking, diversification, estate planning, business succession, and more. Term coverage may work most of the time for most people, but you should review the differences with a trusted professional to be able to make an informed decision for yourself and your family. Want to know more? Reach out for a free discussion- https://lnkd.in/gemgy3SN #lifeinsurance #financialplanning #financialliteracy #protectionplanning #businesssuccession #successionplanning #infinitebanking

WHAT IS TERM LIFE INSURANCE AND WHEN DOES IT MAKE SENSE? This video and the next one will be quick snippets explaining the two main types of life insurance and when they are used. Term insurance is more affordable and often times meets the needs of a majority of clients I work with. However, there are very interesting use cases for permanent (cash value) life as well and you should review the differences with a trusted professional to be able to make an informed decision for yourself and your family. Want to know more? Reach out for a free discussion- https://lnkd.in/gemgy3SN #lifeinsurance #financialplanning #financialliteracy #protectionplanning #family

HOW OFTEN SHOULD YOU REVIEW YOUR LIFE INSURANCE NEEDS? WHY?? I have been surprised how few of the people I am speaking with are desiring to address life insurance. Many have said they either have coverage through an employer (could be a risky approach) or they set it up years ago and are fine. Life insurance is not a "set it and forget it" kind of thing and employer coverage is not often the solution for those in reasonable health. Create a process to review your insurance needs with a trained professional who you trust on a regular basis. You might be surprised at the lower costs, more stable coverage, or adjustments that get made. We are ready to have the conversation when you are and feel like we have great resources to offer competitive strategies in this space. Free policy and coverage reviews when desired! https://lnkd.in/gemgy3SN #lifeinsurance #financialplanning #financialliteracy #protectionplanning #insurance

"WHAT DO I NEED TO KNOW ABOUT THE TYPES OF LIFE INSURANCE?" There can be a lot of nuances with life insurance but it breaks down into 2 main types - term and cash value. I tend to see term coverage be the better fit most of the time BUT there are some very interesting situations and use cases where cash value life is a great option. Learn about the differences, but more importantly review your needs and preferences with a trained professional who can help you have confidence in your plan and protection. Want to talk about your needs? - https://lnkd.in/gemgy3SN #lifeinsurance #lifeinsuranceeducation #financialplanning #financialliteracy #protectionplanning