by Springwater Wealth | Dec 26, 2017 | Newsletter
Congress passed the “Tax Cuts and Jobs Act” last week. The President signed the legislation on Friday, December 22, 2017. The legislation can be found on the House Ways and Means website. Here is a brief review of the changes that will affect individual taxpayers:...
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 | Aug 22, 2017 | Financial Planning, Investment Management, Services, Taxes, Wealth Management
Many of our clients give to charity and they do so in a variety of ways. They give cash contributions, their time and energy (e.g. at the local library), their professional services (e.g. on a board of directors), their old vehicles (OPB loves to receive them), their...
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...