Fueled by the advance of technology, flexibility of remote work, continued expansion of global business, and desirable cost of living tradeoffs for retirees, the ranks of American expats continue to swell. Per the U.S. State Department, in 2020, roughly nine million Americans lived abroad, while a 2022 Gallup poll revealed 15% of Americans would like … Continued
July 18, 2023 For many of my clients approaching their retirement years and beyond, this question is a common one: How will I pay for my long-term care if and when I need it? According to the Department of Health and Human Services, 70% of people turning 65 can expect to use some form of long-term … Continued
As the year-end approaches, now is an ideal time to review strategic planning opportunities and preview what lies ahead in 2023. We encourage you to discuss these planning topics with your Sand Hill Wealth Manager. Retirement Planning In 2023, retirement plan contributions for 401(k)s, 403(b)s, and most 457 plans will increase to $22,500 with an … Continued
October 25, 2022 In the classic Judy Garland movie Meet Me in St. Louis, the children of the Smith family gather with their friends for an evening of revelry, which includes the performance of the catchy tune “Skip to My Lou”. While there were many children in the Smith Family, and though it seems Mr. … Continued
July 28, 2022 No one said being a parent would be easy. In his book The Opposite of Spoiled, The New York Times money columnist Ron Lieber notes that while parents want the best for their children, when it comes to discussing financial issues, things can get tough. Talking to your children about money and … Continued
July 14, 2022 If you have a 401(k), an IRA or a life insurance policy, you’re likely familiar with a beneficiary designation form and how it works. An individual or entity of your choosing can be named to receive your assets when you pass away. You even have the flexibility to allocate the percentage each … Continued
July 13, 2022 When you consider your future retirement, you may have specific ideas and preferences in mind. Perhaps one such preference is retiring in another country. While doing so can be full of fascinating possibilities and great happiness, there are specific things to be keenly aware of when structuring your successful retirement plans. • … Continued
June 9, 2022 Senior Wealth Manager and Shareholder of Sand Hill Global Advisors joins Jennifer H. Friedman, Partner at Jorgenson, Siegel, McClure, & Flegel, LLP discuss the importance and principles of estate planning to help you better understand how to prepare for your future. Below is a transcript of the video interview. Elizabeth Cody:Welcome everybody … Continued
February 2, 2022 When we are young, it is challenging to appreciate an aging process that results in loss of mental capacity and/or death of our loved ones. This happens to some of us more quickly than others. The emotional difficulty of dealing with an ailing or deceased spouse is obvious, yet through client interaction, … Continued
November 2, 2021 Amassing wealth comes with many benefits, but having a substantial estate comes with the repercussions of elevated taxes. Gifting portions of your assets to mitigate tax ramifications is possibly a reasonable strategy to help ensure you optimize your estate’s potential. By employing tax and financial planning strategies, you can maximize gifts to … Continued