True Finance- Maximizing your Inheritance
This week Brice points out the significance of knowing the tax implications on your accounts so you can maximize the inheritance for your beneficiaries!
This week Brice points out the significance of knowing the tax implications on your accounts so you can maximize the inheritance for your beneficiaries!
In this week's Educational Moment, Kyle reviews family offices. Family offices include financial planning, estate planning, and accounting/CPA all under one roof. While these offices may be a good solution for some, Kyle shares his reasoning for working with independent individuals and the checks and balances those individuals provide.
This week's episode wraps up the Retiree Series. Kyle and Ronnie spend some time going over all the topics of the series, as well as, how FSG differentiates when helping the retiree. Ronnie's article covers more on the topic: https://fsgmichigan.com/blog/how-is-fsg-different-when-it-comes-to-helping-the-retiree
Brandon and Brice talk about using Qualified Charitable Distributions to avoid being taxed and go directly to the charity. You could also use the strategy for your RMD if you are of RMD age.