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 | Jan 14, 2020 | Newsletter
Simultaneously saving for college and for retirement can be a challenge for many families. A solution for some has been to ask for support from grandparents. We recently wrote about ways that grandparents can help pay for the increasingly expensive cost of a college...
by Springwater Wealth | Dec 31, 2019 | Newsletter
It’s that time of year again – the time to set our New Year’s resolutions. We have the very best of intentions when we contemplate the start of a new year, and commit ourselves to making changes. Lose weight, eat healthier, spend less time staring at “screens”,...
by Springwater Wealth | May 21, 2019 | Newsletter
We’re occasionally asked by friends, clients and colleagues whether it’s possible to give gifts in a tax-efficient manner. The answer generally depends on the value of the gift, the nature of the asset, and who the recipient is. Cash Gifts Gifts of money...
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...
