Wealth Management Center
Preserving and enhancing wealth for the future with financial-planning experts Bill Cass and Chris Hennessey
April 26, 2017
Only a small percentage of heirs stay with the financial advisor used by their parents, making it critical for advisors to connect with the next generation.
ADVISOR-ONLY WEBCAST SERIES
May 17, 2017 | 1:15pm ET
Trump’s First 100 Days: Markets and Policy
Bill Cass, CFP®, Director Wealth Management Programs at Putnam
Chris Hennessey, Lawyer and CPA, Putnam Business Advisory Group
Matt Beaudry, CIMA, Senior Investment Director
Huge wealth transfer sparks ideas as advisors rethink their businesses
In a new wave of wealth transfer, $30 trillion is projected to move to the next generation over 30 years, leading some advisors to rethink their businesses.
Escalating U.S. debt may weigh on financial plans
U.S. debt is at its highest level in decades which could drive tax policy changes as lawmakers seek to increase federal revenue.
Can decanting add flexibility to estate planning?
When the tax landscape is unclear, flexibility can be important. For investors with irrevocable trusts, some states give trustees more flexibility with decanting.
A tax diversification strategy may help investors cover their bases
In an uncertain policy environment, it may make sense for investors to also consider tax diversification when planning for retirement income.
Little-known strategy provides for IRA-to-HSA transfer
A strategy that allows investors to make an IRA-to-HSA transfer may be used only once in a lifetime.
How an LLC can help safeguard assets
A limited liability company (LLC) is among several strategies that may help protect assets from creditor risk.
Republicans take first step to repeal Obamacare
Congressional Republicans this week introduced the American Health Care Act in a move to repeal and replace the Affordable Care Act.
Create a roadmap for family in case of emergency
Creating instructions, much like a roadmap, can be among the most helpful item you can leave to family members trying to manage your estate.
Action plan helps families prepare for college
Having an action plan can help families and students prepare for college as they navigate the process throughout the high school years.
Consider these four strategies before interest rates rise
Investors are expecting more interest-rate hikes from the Fed in 2017. Here are some strategies to consider before interest rates rise.
Tax breaks could be back under the microscope in tax reform debate
Tax advantages for health benefits, retirement contributions, and mortgage interest may come under Congressional scrutiny this year in a tax reform debate.
Here are six tools to calculate Social Security claiming options
How and when to claim Social Security benefits is one of the most important retirement and there are dozens of free online tools that offer some guidance.
What is the future of Social Security?
With Social Security expected to run out of reserves by 2034, reforming the entitlement program remains a priority issue for some lawmakers.
Getting an early start on a Roth conversion may optimize the strategy
A benefit of a Roth conversion is that investors may change their minds. An early start gives investors more time to assess the value of the strategy.
Planning strategies may benefit estates of all sizes
Most estates may fall within the exemption level from federal estate taxes but investors still need to plan for the orderly transfer of wealth.
Five strategies for reducing the tax bill in 2017
Federal tax reform may or may not happen this year, but investors may benefit from planning strategies that can reduce their tax bill for 2017.
Three planning ideas for small business owners
Here are three planning ideas that may help entrepreneurs manage their business taxes and liabilities.
Key tax figures for 2017
Most tax figures will remain unchanged in 2017, according to the new tax schedule released by the Internal Revenue Service.
At year-end, retirement distributions not always required
Year-end is an opportune time to remind investors of situations where they are not required to take retirement distributions.
Five ways Obamacare may change in 2017
Following more than a year of calling for the repeal and replacement of Obamacare, President-elect Donald Trump will take his case to Congress.
Gifting and estate plans can be priorities at year-end
Year-end can be a critical time for investors who want to take advantage of certain gift- and estate-planning strategies.
Retirement planning for the end of the year
The fourth quarter is an opportune time to take inventory of retirement accounts and review actions such as required minimum distributions and planning strategies before year-end.
Prepare clients for year-end planning
Gifting, required retirement distributions, and charitable donations are among many planning actions that need attention by the end of the year.
There's still time to implement tax-smart strategies
Determining an individual's tax bracket will drive which tax-smart strategies to implement, including managing income, capital gains and losses.
Some estate-planning benefits may be lost if not used
Investors may want to explore gifting and other estate-planning strategies to take advantage of tax benefits that may be limited.
Debt ceiling debate and federal budget on Capitol Hill agenda
As Congress faces a December deadline for the federal budget, the debt ceiling debate was moved up sooner than expected.
Chris Hennessey is Professor Emeritus of Law at the Babson College School of Executive Education and member of the Putnam Investments Business Advisory Group. His opinions do not necessarily reflect those of Putnam Investments.