Tag Archives: Estate Planning

  Homeprismadvisor.com  /  News and Resources  /  Estate Planning
The Importance of Year-End Tax Planning for Investments
Categories Taxes Author Dieter Drews, JD

The Importance of Year-End Tax Planning for Investments

The Importance of Year-End Tax Planning for Investments

As the year draws to a close, tax planning becomes essential, especially when it comes to investments. For investors, proactive tax strategies can make a significant difference in overall financial health. Effective year-end tax planning ensures investors retain more of their returns, reduce their taxable income, and strategically position their portfolios for the upcoming year. Here’s why year-end tax planning matters and how investors can benefit from it.

Categories Retirement Author Dieter Drews, JD

The Vital Role of Estate Planning Post-Tax Season

The Vital Role of Estate Planning Post-Tax Season

As another tax season comes to a close, many individuals breathe a sigh of relief, grateful to have filed their returns on time. However, amidst the flurry of paperwork and calculations, there’s a crucial aspect of financial planning that often gets overlooked: estate planning. While taxes may dominate the financial landscape during tax season, estate planning is equally—if not more—important, especially when considering the long-term security and distribution of one’s assets.

Categories Retirement Author Dieter Drews, JD

What To Know About Estate Administration

What To Know About Estate Administration

When a spouse, parent, sibling, or other loved one dies, administering their estate becomes the responsibility of a family member or professional. If you are not a professional, expect to be thrusted into details of the Internal Revenue Code after the death of a loved one.