Carolyn Nalbandian Frzop

08/19/2021

While the estate and gift tax exemption is at an all-time high, some married couples may consider the use of a Spousal Lifetime Access Trust (SLAT) in order to leverage the current gift tax landscape through tax-efficient estate planning strategies.

While the estate and gift tax exemption is currently at an all-time high, some married couples may consider the use of a Spousal Lifetime Access Trust (SLAT) in order to leverage the current gift tax landscape through tax-efficient estate planning strategies. Let’s take a look at the current state...

08/12/2021

There are many options for charitable giving, from direct contributions of cash and property, to donor-advised funds, foundations, and charitable trusts. Here are some strategies to consider.

Giving back to enrich one’s community can be one of the most rewarding experiences for both the donor and recipient. According to Giving USA, Americans gave more than $427 billion to charities in 2019.1 There has been a consistent increase in giving over the past five years, so we hope this trend ...

08/05/2021

Donor advised funds can help you optimize both your tax strategy and charitable giving efforts. Read more about different scenarios and other considerations for utilizing them in conjunction with your financial plan.

One of the advantages of employing the use of a DAF in your charitable giving strategy is that, in certain scenarios, it can be utilized to separate your tax strategy from your charitable giving strategy.

07/29/2021

Should you consider a Qualified Charitable Distribution when making a charitable gift? Read this article to find out if it would align with your needs and goals when making a donation.

Making a charitable donation is a commendable act and a great way to carry out your legacy, supporting a cause that is near and dear to you. If you are planning to make a charitable gift, it’s important to ensure you distribute the funds in a manner that is tax-efficient and aligns with your needs...

07/22/2021

Did you know that converting your assets into income can have significant tax implications? Learn more about the number of ways to generate tax-efficient retirement income.

You know the importance of saving enough money for retirement so that you have readily available sources of funds to augment your guaranteed income from Social Security and any pensions. But did you also know that how you go about converting your assets into income can have significant tax implicati...

07/15/2021

Insurance has the ability to be a multi-faceted and multi-purpose tool for your business. Here are some important considerations for the protection of you and your business, as well as how insurance can align with your current and future business goals.

The day-to-day demands of running a business can be all-consuming. Often, there’s little time left over to think strategically about the future—whether it’s mitigating potential risks down the road, ensuring the long-term viability and continuity of the enterprise, or putting plans in place to...

07/08/2021

If you're a small business owner, it's important to have a succession plan in place. Read more to make sure you are prepared to protect the value of your business.

They feel the business is too small, or that somehow their heirs will know what to do to sell the business—or the assets owned by the business—when they pass away. We hear things like “Oh my daughter will probably take over the business when I’m gone” or “we will probably just sell the b...

07/04/2021

Today, we celebrate our nation’s independence and those who protect it. Happy Fourth of July!

07/01/2021

Selling a company can present various challenges. Check out these tips to secure a smooth transition.

Planning the retirement for a business owner is significantly more complicated than planning the retirement of an employee.

06/24/2021

When considering the sale of your business, there are several strategies to create liquidity while maintaining ownership. Read more.

Should you keep playing and hope the winning continues? Should you call it a night and cash out completely? Or should you stay in the game and take some chips off the table, protecting some of the winnings you have already earned?

06/20/2021

“A father is neither an anchor to hold us back nor a sail to take us there, but a guiding light whose love shows us the way.” - Unknown

06/17/2021

When it comes to retirement planning, women face challenges that are both somewhat different and often more complex. This article takes a closer look at important considerations and tips for women to consider.

The world of personal finance and investing can often feel overwhelming, and navigating these realms as a woman presents its own unique challenges and opportunities. This article takes a closer look at the current landscape of how gender may affect your financial experiences, offering tips and impor...