Insights + Resources

Epic Insights

Trust Basics

Oct 7, 2024

Whether you’re seeking to manage your own assets, control how your assets are distributed after your death, or plan for incapacity, trusts can help you accomplish your estate planning goals. Their power is in their versatility — many types of trusts exist, each designed for a specific purpose. Although trust law is complex and establishing a trust requires the services of an experienced attorney, mastering the basics isn’t hard.

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Tags: financial advisor, Legacy, Personal Finance

The Gift Tax

Oct 4, 2024

I’d like for you to meet my friend, Hugh. He’s a retired film stuntman who, after a long career, is enjoying his retirement. Some of what he’s enjoying about his retirement is sharing part of his accumulated wealth with his family, specifically his wife and two sons. Like many Americans, Hugh likes to make sure that, when he’s sharing that wealth, he isn’t giving the I.R.S. any overtime because he knows about the gift tax. (more…)

Tags: Financial Planning, Personal Finance, Tax Planning, taxes

Retirement Planning Birthday Milestones

Sep 30, 2024

Birthdays may seem less important as you grow older. They may not offer the impact of watershed moments such as getting a driver’s license at 16 and voting at 18. But beginning at age 50, there are several key birthdays that can affect your tax situation, health-care eligibility, and retirement benefits.

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Tags: Retirement Planning

Pay It Forward

Sep 27, 2024

You started early and have saved hard in your 401(k). You’ve also paid close attention to your investing strategy over the years. And you definitely understand the benefits of tax-deferred compounding over the long term and the potential for growth. Heck, you’ve even remembered to change your account password every 90 days. Maybe now it’s time to pay it forward and pass along some of your retirement savings wisdom and teach a younger generation! (more…)

Charitable Lead Trusts

Sep 25, 2024

Are you concerned about the inheritance taxes your heirs may have to pay? Then you may want to consider creating charitable lead trusts. (more…)

Tags: Estate Planning, Family Wealth, Financial Planning, Legacy, Wealth Building

Taxation of Investments

Sep 23, 2024

It’s nice to own stocks, bonds, and other investments. Nice, that is, until it’s time to fill out your federal income tax return. At that point, you may be left scratching your head. Just how do you report your investments and how are they taxed? With Q4 right around the corner, there may be some capital gains on the horizon. It’s a good idea to know what’s what.

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Tags: financial advisor charlotte nc, Investing, Personal Finance, Tax Planning, taxes

Organizing Your Finances When Your Spouse Has Passed

Sep 20, 2024

Losing a spouse is a stressful transition. And the added pressure of having to settle the estate and organize finances can be overwhelming. Fortunately, there are steps you can take to make dealing with these matters less difficult.

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Tags: Certified Financial Advisor Charlotte NC, Certified Financial Planner Charlotte NC, charlotte NC, Estate Planning, Family Wealth, financial advisor, Financial Planner Charlotte NC, Financial Planning, Legacy