Losing a Loved One: Things to Know
Losing a loved one can be overwhelming and emotionally draining. And in the wake of that loss, money may be the last thing on your mind when you’re dealing with making arrangements and picking up the pieces. It’s wise to put off major decisions while you’re grieving – conventional wisdom recommends taking a year to…
Read MoreFour Ways to Create a Meaningful Family Legacy
Family legacy planning that goes beyond finances can help us live with intention. Family lends us a strong sense of identity. So it makes sense that traditional legacy planning focuses on this area of our life and the financial resources we want to leave to our loved ones. However, we believe the best legacy plans…
Read MoreFirst Quarter 2021 Market Update and a Close Look at Inflation
First Quarter Market Update The first quarter of 2021 witnessed a boost for the economy as the continued expansion of the vaccine rollout and the passage of the almost $2 trillion stimulus bill was reflected in rising gross domestic product (GDP) estimates, a further move up in equity prices, and a steady rise in interest…
Read MoreWomen Investors: Planning for More
No Matter Where You Are or Where You’re Going Successful businesswoman, entrepreneur, artist, mother, wife, mentor, leader, community activist: Whether for your education, career, or family, you probably had a plan to help you reach your goals. And as a woman, you have likely faced unique financial challenges, challenges that make proactive planning and investing…
Read MoreHow Different Types of Investment Income Are Taxed
Learn how interest income, capital gains, dividends, and retirement income are treated at filing time. The federal tax system is not exactly straightforward. Your Gratz Park Private Wealth advisor can help you understand the tax treatments of the various deductions and credits, tax brackets, additional payroll, and Medicare surtaxes, and a slew of different categories…
Read MoreMarkets Experience Bumpy Ride
February 1, 2021 It’s been a somewhat volatile week for the equity markets, and we wanted to offer some perspective on what’s happening for our valued clients. Last week’s selloff was the largest in three months for the three major U.S. stock indices – the S&P 500, the Dow Jones Industrial Average and the NASDAQ.…
Read MoreThe Key Pieces of an Estate Plan to Help Preserve Your Family and Legacy
Estate planning means much more than merely drawing up a will. It means establishing an integrated plan designed to safeguard your estate, future generations, and those you love. It also means knowing your assets will be managed appropriately and your legacy preserved. An effective estate plan should be comprehensive, so it’s essential to consider your…
Read MoreInvestment Strategy Quarterly: January 2021
Investing involves risk, and investors may incur a profit or a loss. All expressions of opinion reflect the judgment of the Raymond James Chief Investment Office and are subject to change. There is no assurance the trends mentioned will continue or that the forecasts discussed will be realized. Past performance may…
Read More2020 Year-End Giving Guide: Help Reduce Your Income Taxes
At this time of year, you may not be thinking about how to reduce your income taxes. But it is indeed an excellent time to do so. Depending on your tax bracket and whether or not you itemize, you may be able to lower your tax bill – possibly significantly – by making a charitable…
Read MoreMake Your Retirement Contributions Count
November 25, 2020 For the 2021 tax year, individual investors can contribute up to $6,000 to either a traditional or Roth IRA. If you’re age 50 or older, you can contribute an extra $1,000. I wanted to remind you so you can take full advantage of your ability to save toward retirement. Contributing as much…
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