Financial Guides and Whitepapers

Ready to take the next step in managing estate administration with confidence? Click here to download our comprehensive Estate Administration Playbook today to access expert guidance, practical tips, and valuable resources designed to help you navigate this complicated process smoothly. A version for professionals can be found here.

Section 1202 – An Overview In a previous post, we discussed the historical context, investor/corporate qualification requirements, and common investor issues faced by holders of Section 1202 stock, more popularly referred to as Qualified Small Business Stock (QSBS). IRC Section 1202 allows qualified investors to exclude from federal income tax the greater of: $10-15 million of realized capital gain, or 10 times the stockholder’s adjusted cost basis, upon the sale of QSBS in a calendar year, dep

Your choice of business structure will have far-reaching effects on your tax planning and your ability to engage in certain wealth transfer techniques. This high-level overview of two common types of corporate entities, C corporations and S corporations, may be helpful as you evaluate how best to structure your next venture or as a quick refresher on the “rules of the road” for an existing corporation. As always, it is critical to consult with your legal and tax advisors before implementing or

Before LLCs, S-corps, and Delaware holding companies, there was the general partnership (GP). It’s the oldest form of business organization, two or more people agreeing to work together, share profits, and (critically) share liabilities. No filing needed, no state charter, just a handshake and the beginnings of a business. GPs trace their DNA all the way back to English common law. Under English common law (which heavily influenced U.S. legal systems), a partnership was created by conduct, not

Divorce is a challenging and emotional process that can have significant financial implications. Proper financial planning and awareness of common pitfalls can help individuals navigate this difficult time more effectively. This article aims to provide a detailed guide on avoiding financial mistakes during a divorce.

Here we have provided a “cheat sheet” to keep in mind for 2025 federal estate, gift, and GST exemptions, as well as exemptions and inheritance tax consequences in states that impose their own estate, gift, or inheritance tax. Federal Estate, Gift, and GST Tax Below is a summary of the current federal estate, gift, and generation-skipping transfer tax provisions for 2025. Note that, under current law, the increases in exemption amounts that began in 2018 are set to expire in 2026, at which point

What is a Charitable Remainder Trust (CRT)? It is a trust where non-charitable beneficiaries (usually the grantor and grantor’s spouse) receive payments at least annually during their lives or for a number of years, and a charity receives the trust assets remainingat the end of the trust term. A charitable trust is also referred to as a “split interest trust”. This is because the beneficial interests in the trust are “split” between the initial non-charitable beneficiaries and the charitab

The Wealthspire Investment Team recently completed a search for an Evergreen Private Equity Fund. This piece provides some background, context, and insights into what we learned. hbspt.forms.create({ portalId: "3388819", formId: "8d910e2b-63c6-4337-8ac6-e37502e1260f" });

For many, turning 50 represents a significant moment of self-awareness. It’s also a time when uniquely successful individuals become aware that their financial lives have become complicated enough to deserve a closer look. This checklist defines the financial concerns specific to you as you move into your mid-career. You are established and have slowly accumulated your wealth over the years, so now it is time to look ahead and plan accordingly. Download the Mid-Career

Approaching retirement represents a significant milestone in life’s journey Our Checklist helps you answer a host of questions regarding retirement: when to take Social Security, how much income to take from their portfolio, what kind of budget should be followed and other issues related to managing the later stages of life. If you know you should be planning for your retirement, but don’t know what questions to ask, or where to find information, then this checklist is the place to start.

There are few industries in the world that have accomplished what the US commercial aviation industry has—an almost perfect record of safely delivering passengers at heights of five miles and at speeds in excess of 500 miles per hour—and it has  done so year-after-year. According to the Aviation Safety Network, “2019 was one of the safest years ever for commercial aviation.” This checklist defines what you and your family can do in times of financial uncertainty in order to prepare fo

Many who find themselves on the brink of divorce say they aren’t fully aware of what they have or what they will obtain post-divorce - or whether they can even afford to get divorced. However, this is a common issue, and your level of financial literacy should not be a source of embarrassment, nor should it prevent you from leaving an unhappy marriage. Once you decide to divorce, the next step is to arm yourself with information. Download our checklist to help you get organized and feel be