Personal Wealth Advisors Blog

Blogs February 23, 2021 The 65-Day Deadline for Fiduciaries Is Looming!

This article outlines how trusts that are not required to distribute all of their income currently and estates on a calendar year may make an election to treat distributions made through Saturday, March 6, 2021, as having been made during calendar ye…

Blogs December 04, 2020 When is a Family Office Right for You?

A recap of a session focused on the question of when the time is right to build a family office – and what tools should you consider when doing so.

Blogs December 02, 2020 Personal Security Insights: Proven Strategies for Safeguarding Wealth and Family

A recap of a discussion with Gary Rossi, former FBI agent, regarding insights into phishing and whaling schemes that affect family offices.

Blogs November 23, 2020 A Conversation with Jim and Monique Brown -- A Path to a Meaningful Life

A conversation with Jim and Monique Brown regarding The Amer-I-Can Program

Blogs November 12, 2020 Spousal Lifetime Access Trusts – A Popular Planning Strategy

This post examines the spousal lifetime access trust or “SLAT,” a popular planning strategy using a married couple’s gift/estate tax exclusion, wherein one spouse sets up a trust for the other spouse and their children/grandchildren.

Blogs September 02, 2020 TCJA and Alimony

The Tax Cuts and Jobs Act made a substantial change to divorce planning with the elimination of deductible alimony payments for the payer spouse and inclusion of income for the receiving spouse.

Blogs September 01, 2020 Do NOT Worry: The IRS Probably Has Your Check

The IRS has taken steps to control the confusion for those who have received the balance due notices (CP14) and who mailed a payment to the IRS.

Blogs August 26, 2020 New Rules on Excise Tax on Highly Compensated Employees

The IRS recently issued proposed regulations under IRC Sec. 4960. This article takes a look at how those proposed regulations affect certain tax-exempt organizations and certain entities that are treated as related to those organizations, as well as …

Blogs August 25, 2020 The Net Investment Income Tax

This article examines the legislation, payers, basics, and destination of the Net Investment Income Tax as part of the Health Care and Education Reconciliation Act of 2010 (which, along with the Affordable Care Act reformed the health care market).