OBBBA’s Impact on Renewable Energy Incentives: What Homeowners and Investors Should Know
What’s Happening to Renewable Energy Incentives? The One Big Beautiful Bill Act (OBBBA) is a sweeping piece of legislation, covering a wide range of tax and incentive changes. One area generating a great deal of attention is the significant shift in federal support for renewable energy. With OBBBA, there’s a clear pivot away from the […]
Long-Term Care Planning: An Expert Guide to Protecting Your Independence and Wealth
As published in Kiplinger Planning for long-term care is crucial to protect your independence, family and financial stability against unexpected health events and rising care costs not covered by standard insurance. You’ve worked hard, saved wisely and planned for a fulfilling retirement. But what if the unexpected happens — early-onset Alzheimer’s or another serious health […]
Why Mid-Wealth Families Need Estate Planning Now Under the OBBBA
As published in Rethinking65 This isn’t about yachts and private jets — it’s about preparing real families for often-overlooked risks and opportunities. The recent enactment of the One Big Beautiful Bill Act (OBBBA) on July 4 marks a pivotal moment in tax and estate planning. While our clients may perceive “estate planning” as reserved for […]
Trump Accounts: What Families Should Know About the New Child Savings Option
What Families Should Know about the New Trump Account Earlier this month, President Trump signed the One Big Beautiful Bill Act (OBBBA) into law, which included a variety of new child-friendly tax provisions. Among them is a new child savings account called a “Trump Account”. While Trump Accounts may help some families on the margins, […]
Tactical Tax Planning Under the OBBBA: Maximize Temporary Deductions Before They Expire
Tactical Tax Planning: Navigating the OBBBA’s Key Provisions in the Near Term It’s critical to remember that while the OBBBA introduced a plethora of new tax changes, many of its most impactful provisions, particularly those offering significant deductions, are temporary. They are set to expire, predominantly by 2028 or 2029. This limited window underscores the […]
New OBBBA Income Tax Deductions: Do You Qualify as a High Earner?
Will You Qualify for New Income Tax Deductions? The OBBBA introduces several new above-the-line deductions, which directly reduce adjusted gross income. However, high earners will not be able to claim all of them. Read below to find out if you qualify: From 2025 to 2028, those aged 65 and over can take advantage of a […]
One Big Beautiful Bill Act Signed: First Look at Key Tax Provisions for Wealthy Investors
The OBBBA Has Landed: First Look at Key Tax Provisions Last week, President Trump signed the “One Big Beautiful Bill” (OBBBA) into law. The new mega bill permanently extends important provisions from the 2017 Tax Cuts and Jobs Act (TCJA), including today’s lower individual income tax rates and higher standard deduction. Notably, the estate and […]
Celebrity Estate Planning Lessons: What Jimmy Buffett’s Trust Dispute Teaches Us
Lessons from Jimmy Buffett’s Estate In recent celebrity estate news, Jimmy Buffett’s widow, Jane Buffett, and his accountant, Richard Mozenter, are currently embroiled in a legal battle. They share roles as Co-Trustees of Jimmy Buffett’s marital trust, which houses the bulk of his $275 million estate. Established for Jane’s lifetime benefit, with remaining assets passing […]
5 Essential Financial Planning Moves for Your 50s: Retirement, Care, and Beyond
June 30, 2025 – Head of Wealth Planning Mallon FitzPatrick, CFP®, AEP®,CLU® was quoted in Investopedia discussing essential financial planning strategies for your 50s, including preparing for retirement and future care needs. “Planning for long-term care isn’t just an expense; it’s peace of mind for future challenges,” said FitzPatrick. Click here to read more.
Senate Tax Bill Draft: How Proposed Changes Could Affect Your Wealth Plan
Tax Bill Negotiations Heat Up as Senate Releases Draft The Senate has officially released its draft of the sweeping tax and budget bill, setting the stage for negotiations with the House. While the House passed its version last month, the two chambers must reconcile key differences before any legislation reaches the president’s desk. This latest […]
Don’t Forget to Fund Your Trust: Why Retitling Assets Is Critical to Estate Planning
Don’t Just Sign Trust Documents, Retitle Even the most thoughtfully designed estate plans can fail when trusts aren’t funded—a common and avoidable oversight. Often, someone works with an attorney to establish a revocable trust. Yet afterward, all or a portion of their assets remain titled in their individual or joint name rather than in the […]
After a Natural Disaster: How to Decide Whether to Rebuild or Relocate
As published in Kiplinger A home is more than an asset — it’s where milestones are celebrated, memories are made, and a sense of stability is anchored. The emotional and financial impact can be profound when a natural disaster strikes. And once the immediate damage is assessed, a more complex question emerges: Should we rebuild […]