Newsletters

For Business Owners,

The American Recovery and Reinvestment Act of 2009 (commonly referred to as the Recovery Act), was signed into law on February 17, 2009. The Recovery Act makes a number of beneficial changes for businesses. Attached is a review of the more widely applicable provisions that could have an impact on you and your enterprise. Please contact us at 301.543.6000 to schedule an appointment to discuss your current situation with one of our financial planners.

[ Read More ] 

For Individuals and Families

The American Recovery and Reinvestment Act of 2009 (commonly referred to as the Recovery Act) was signed into law on February 17, 2009. The Recovery Act contains a wide-ranging tax package that includes tax relief for low and moderate-income wage earners, families subject to the alternative minimum tax, individuals and families with college expenses, and home and car purchasers. Enclosed is an overview of the more widely applicable tax changes affecting individuals and families. Please contact us at 301.543.6000 to schedule an appointment to discuss your current situation with one of our financial planners.

[ Read More ]  

Welcome to the latest edition of our Wealth Advisory Services newsletter. Despite the turmoil of a deepening recession, you can still have your own financial affairs in order. Here, we look at how to avoid four of the most common financial blunders that can compromise your wealth profile during these turbulent times. Also here, some of the best recent wealth management articles from the national press. 

Welcome to the February issue of our Private Wealth Services newsletter. Market volatility continues, and the recession is, if anything, deepening. In this climate, it's more important than ever for your eventual heirs to understand and follow responsible wealth management principles. This month, we discuss Crummey trusts as a means of maintaining some control over assets you've gifted to your beneficiaries. Also here, some of the best recent reporting on estate planning from the national press. 

Welcome to the latest edition of Life & Legacy. Ironically, the market's volatility has likely changed the balance of your retirement portfolio, and you may be exposed to less risk than you should be for long-term growth. This month, we look at how to get your investments back in balance for a long and profitable retirement. Also here, some of the best retirement planning articles from the national press.

You own an apartment building, undeveloped land, or other real estate that you may like to sell?  However, is the prospect of paying a large, immediate tax bill on the property's appreciation holding you back? If so, the enclosed article, “Deferring Capital Gains Taxes on Investment Real Estate?” may be of interest as it discusses “like-kind” IRC Section 1031 exchange that may offer you a feasible solution. The article reviews how to qualify and ways to arrange the deal

By Bob Carson at Planning Solutions Group Jan 2009         [ Read More ]

Most people have a general idea about what they hope to accomplish with their wealth, but may be unaware of the multitude of considerations and options for realizing their goals. This article helps you identify their family mission statement, which identifies long term objectives and goals. Included are the six steps to a successful family meeting.

By Bob Carson at Planning Solutions Group Jan 2009         [ Read More ]

This article, “Think Twice About Your 401(k),” may be of interest to those who do have such an account that include shares of their employer's stock. You may be able to make use of a “net unrealized appreciation” or NUA upon retirement or otherwise leaving employment. In an easy to read style, this article reviews the advantages and disadvantages of NUA.

By Bob Carson at Planning Solutions Group Jan 2009         [ Read More ]

These days, most successful business owners choose to ignore the need for planning their succession.  For many, it's a question of facing up to their own mortality.  For others, it means making a difficult choice of a successor from among their children or valued employees.  If you want to preserve your hard-earned business legacy, protect your family and keep the government from digging event deeper into your pocket, read on.

[ Read  More ]