Having ‘The Talk’ with an Aging Parent Doesn’t Have to be Grim
By Mallon FitzPatrick May 17, 2021 Recently, we discussed the psychological hurdles associated with “letting go,” or making the decision to begin transitioning wealth to the next generation as the final years of life draw near. The transition, as we pointed out, is necessary for anyone who wants to mitigate a potentially large tax liability […]
It’s Not Just the Really Wealthy Who Face Tax Increases
NYTimes By Paul Sullivan, April 30, 2021 Mallon FitzPatrick weighs in on President Biden’s proposed capital gains tax increase and explains why it may be impacting more than just the affluent. Read Mallon’s insights here. Disclosure Investment advisory services offered through Robertson Stephens Wealth Management, LLC (“Robertson Stephens”), an SEC-registered investment advisor. Registration does […]
Biden’s plan for inherited real estate may impact more people than just the wealthy
CNBC.com By Kate Dore, April 29, 2021 Mallon FitzPatrick weighs in on President Biden’s plan for inherited real estate and what estate planning strategies you can take. Read his insights here. Disclosure Investment advisory services offered through Robertson Stephens Wealth Management, LLC (“Robertson Stephens”), an SEC-registered investment advisor. Registration does not imply any specific […]
Answering an Age-Old Investor Question: Do I Live in the Wrong State?
By Mallon FitzPatrick, April 9, 2021 One of the perennial worries that seem to nag at investors is whether they are hemorrhaging money by living in the wrong state. Some believe, rightly or wrongly, that the tax structures of their home state cost them dearly, whether income taxes, property taxes or deductions are to blame. […]
Financial Spring Cleaning: 9 Post-Pandemic Tips To Spruce Up Your Budget
Forbes By Brett Holzhauer on April 7, 2021 As the economy reopens, and you begin to spring clean your finances, Mallon FitzPatrick advises all to remember to budget for activities you were forced to give up in 2020. Read his post-pandemic budgeting tips here.
Letting Go of Assets is Hard—Paying Millions More in Taxes, Even Harder
By Mallon FitzPatrick, CFP® March 3, 2021 – Giving up control is hard. As financial planners, we hear it in clients’ voices and see it on their faces: parting with money that took a lifetime to acquire can feel like a wrenching, identity-erasing experience. It is also a potentially hazardous endeavor, as it often entails […]
New Stimulus Deal: Part II – Key Takeaways for Businesses
January 15, 2021 The most recent stimulus bill was passed on December 27, 2020. This bill clarifies items in the CARES Act, modifies and extends existing programs, and ends a few key programs. Tune in to Part 2 of this 2-part series as Managing Director, Mallon FitzPatrick, CFP® discusses key highlights of the stimulus that impacts […]
New Stimulus Deal: Part I – Key Takeaways for Individuals
January 8, 2021 The most recent stimulus bill was passed on December 27, 2020. This bill clarifies items in the Cares Act, modifies and extends existing programs, and ends a few key programs. Watch Part 1 of this 2-part series as Managing Director, Mallon FitzPatrick, CFP® discusses key points of the bill that will impact […]