by Springwater Wealth | Apr 28, 2020 | Divorce Financial Planning, Estate Planning, Newsletter
Everyone, regardless of their family dynamics, marital status, or financial means, will benefit from having an estate plan. If you’re already divorced or are in the process of getting divorced, updating your estate plan will be an essential part of your post divorce...
by Springwater Wealth | Nov 7, 2017 | Estate Planning, Financial Planning, Newsletter
There has been no comprehensive tax reform in the United States for over 30 years. The last time, Ronald Reagan was president. Dan Rostenkowski (Democrat from Illinois) chaired the House Ways and Means Committee, and Oregon Senator Bob Packwood chaired the Senate...
by Springwater Wealth | Sep 19, 2017 | Estate Planning, Financial Planning, Services, Taxes, Wealth Management
At Springwater, we have clients who are over the age of 70, who have individual retirement accounts (IRAs) and who do not need additional income. However, the government requires those over 70 (technically 70 1/2) to take distributions from their IRAs regardless of...
by Springwater Wealth | Sep 5, 2017 | Estate Planning, Financial Planning, Services, Wealth Management
A few weeks ago, our Stream blog highlighted how you can give to charity by donating your appreciated investments. As the donor, you receive an income tax deduction for the fair market value of the securities. The charity receives your donated investments, sells them,...
by Springwater Wealth | Dec 1, 2015 | Estate Planning, Financial Planning
According to a study financed by the Justice Department, as many as one in 20 older adults said they were financially mistreated in the recent past. And with 10,000 people turning 65 every day for the next decade, a growing pool of retirees are susceptible to such...
by Springwater Wealth | Sep 24, 2014 | Estate Planning, Financial Planning, Services
Forbes magazine recently featured a column addressing the question of whether most Americans should have a revocable living trust as part of their overall estate plan. In the author’s view, many estate planning attorneys suggest that everyone should have a...