Wealth Management Planning

Tax Season Is Prime Time For Online Scams: Steps You Can Take to Protect Your Identity and Personal Information

It’s wise to be wary of suspicious activity online at all times, but it’s especially important during tax season.  Increasingly, there is evidence that cybercriminals lurk in the virtual universe in the weeks and months leading up to the annual tax filing deadline – April 18 in 2016 – searc[...]

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Competition and Cooperation: Balancing Family and Firm Models in Family Businesses

Families and business ownership can intersect in fascinatingly complex ways. How family and business leaders think about family dynamics and corporate objectives may influence decisions more than what they think about. In short, the mental model of this crucial intersection matters. Research around [...]

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How To Give Away A One Billion Dollar Jackpot: A Generational Wealth Case Study

So let’s say you win the big jackpot. The odds are only 1 in 292,201,338, but let’s say you win one billion dollars. Maybe you keep enough to pay off the house and buy a new car, but for our case study you decide everything else goes to charity. Perhaps, you watched Born Rich, Jamie Johnson’s [...]

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Tax Extenders Allow Popular Tax Breaks: Some perennial tax extensions are now permanent

The decade long practice of Congress hastily extending various tax breaks just before their year end expiration might become less common.  In late December the “Protecting Americans from Tax Hikes (PATH) Act of 2015” was signed into legislation that caused some tax breaks to be extended permane[...]

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Fear The Beard: Exploring the Concept of Innovation through Basketball and Science

A quick flick of his hands, the pass is batted away, bouncing free toward the half court line. He darts after it with surprising speed for his size. As he dribbles toward his basket, a single defender has quickly retreated to block his path. In the blink of an eye, he gathers the ball while taking a[...]

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The Next Generation In Philanthropy: From the Rockefeller Foundation to the Zuckerberg Chan Initiative

When $45 billion dollars is pledged to charity, it’s bound to start a lot of conversations. Facebook founder Mark Zuckerberg and his wife Dr. Priscilla Chan recently shared  they intend to move 99% of their Facebook shares into a Limited Liability Company (LLC) for charitable purposes. Justifiabl[...]

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Avoiding Identity Theft: Take steps to protect your information and your assets

Two people had their identities stolen while you were reading this sentence. Could be your neighbor. Could be your colleague. Could be you. There is a new identity fraud victim every two seconds. That’s just one stunning statistic from the 2015 Identity Fraud Survey[i], conducted annually by Ja[...]

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Leadership Takes Many Forms

The holidays present many opportunities for us to reconnect with family, as well as contemplate the possibilities for generosity within our community. As we gather with our families, firms, and communities, we are at times called upon for leadership. We may lead by providing guidance, expertise or i[...]

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Budget Deal Ends Popular Social Security Strategies: Change in rules removes lucrative options for many

As Democrats and Republicans reached a compromise on the two-year budget bill in early November, some popular claiming rules for Social Security were eliminated, a revision that could have a significant impact for some retirees and those nearing full retirement age.  Buried in the federal budget le[...]

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The Class of 2014 and Next Generation Leadership

A recent study finds entrepreneurial parents are more likely to have entrepreneurial children, a finding which seems to fit the general perception of entrepreneurship. Past academic studies suggest it may be as much as 300% percent more likely for a child of an entrepreneur to become an entrepreneur[...]

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