With the upcoming reduction in the unified tax credit, you may be unintentionally designating the IRS as a major beneficiary of your estate. By using strategies like Spousal Lifetime Access Trusts (SLATs) now, you can lock in current exemptions and minimize future estate taxes, ensuring more of your wealth passes to your heirs instead of the government.

The U.S. Supreme Court’s Connelly v. United States decision significantly impacts business succession planning. Learn how this ruling affects buy-sell agreements and why a cross-purchase agreement might be a better option.

Discover the concept of a 'financial finish line' from the book 'God and Money' by Greg Baumer and John Cortines. Learn how setting a lifestyle or net worth finish line can bring financial freedom and a sense of stewardship. Watch a video discussing these ideas and explore more resources on financial planning.

Discover the essence of biblical stewardship in 'Managing God's Money' by Randy Alcorn. Explore key concepts, the dangers of materialism, and practical tools for wise money management. Learn how a perspective of eternity can transform your approach to wealth, possessions, and philanthropy.

Understand the Corporate Transparency Act: its impact, deadlines, and penalties. Learn about disclosure requirements for beneficial owners and reporting companies. Ensure compliance to avoid costly fines. Consult experts for guidance and filing assistance.

Join Mike and the team at Kings Path as they share invaluable insights on career success and personal growth in finance to the Texas A&M Finance 210 class: Opportunities in Finance. Embrace the journey of finding a fulfilling career, building meaningful relationships at work, and using your skills for a greater purpose.

Explore how social media impacts investment decisions. This article delves into cognitive biases like loss aversion and herd mentality, offering insights to align your strategy with your financial goals.

On January 10, 2024, the U.S. SEC approved Bitcoin ETFs, a historic decision indicating cryptocurrency's increasing acceptance in mainstream finance, but also highlighting the need for investor caution and understanding of risks.

We discuss important investment, tax, charity and estate and legacy questions to discuss with your financial advisor in 2023 before the end of the year to help you achieve your financial goals and become more joyful and confident in your financial future.

As summer ends and children return to school, consider utilizing 529 plans for education goals. 529 plans offer tax-deferred growth and tax-free withdrawals for Qualified Education Expenses, including tuition and related costs. Eligible for K-12 tuition too, 529 plans offer flexibility, with options like changing beneficiaries or rolling balances. For more tailored advice, reach out to us to discuss your family's education plans.