The key is determining the appropriate amount of risk for the reward you are seeking. This balancing of risk and reward is the foundation of all the work we do for clients and is critically important to long-term financial success.
Amassing wealth comes with many benefits, but having a substantial estate comes with the repercussions of elevated taxes. Gifting portions of your assets to mitigate tax ramifications is possibly a reasonable strategy.
Watch Sand Hill Global Advisor's video about the most important things to consider before buying your dream vacation home in this frenzied real estate market, such as the cost, location, investment potential, tax impact, and exit strategy.
Many Americans reignited long-forgotten passions amidst the exhausting and traumatic months of lock-down caused by this pandemic. With stress at an all-time high and the CDC heavily cautioning against face-to-face socialization, they turned to interests they hadn’t partaken of in years. Here are some of the top pastimes they pursued.
Recently, investors are expanding into the realm of luxury collectibles to augment their portfolios. With the right passion and knowledge, high-end collecting can offer potential monetary gains. This decade-long trend is well documented, and it’s easy to see why it has captured the imagination of investors and venture capitalists around the world.
As a Certified Exit Planning Advisor™ (CEPA), I am committed to helping my clients navigate the complex world of business transitions and secure their financial legacies. I want to shed light on the pressing need for exit planning by sharing some eye-opening statistics and highlighting the tremendous opportunities that lie ahead. Let’s delve into the numbers and explore the reasons why exit planning is an imperative step in securing your future.
In the realm of financial planning, one often seeks strategies that not only secure their future but also optimize tax benefits. When facing medical expenses associated with long-term care or assisted living, leveraging Individual Retirement Account (IRA) funds can offer a viable solution. Understanding how to utilize IRA funds for such purposes not only eases financial burdens but also unlocks valuable tax deductions.
In the competitive start-up culture of the Bay Area, how your personal finances are managed can be a critical factor in achieving long-term success. Sand Hill Global Advisors, a trusted independent wealth management firm in San Francisco and Palo Alto, recognizes the unique challenges faced by entrepreneurs and offers the following considerations in managing your personal finances.
According to The Goldhill Group, 75% of business owners surveyed regret selling their business after it’s been sold. This is an alarmingly high percentage. Did these business owners not set goals for what they envisioned life would be like on “Monday” after the sale? Did these business owners not have a team of professionals surrounding them that were all aligned in the common goal of helping the business owner and his or her family meet their goals and achieve their legacy creation?
If you are in the midst of a severe medical emergency and you are by yourself, how will an emergency medical professional know your blood type, any medications you might be taking and the dosage, and if you have children or pets at home that need care if you become hospitalized or incapacitated?
When you consider your future retirement, you may have specific ideas and preferences in mind. Perhaps one such preference is retiring in another country. While doing so can be full of fascinating possibilities and great happiness, there are specific things to be keenly aware of when structuring your successful retirement plans.
If you’re considering selling your business and want to use a strategy that provides ongoing and periodic liquidity, and smooths out the taxation of a sale, an installment sale may be the solution.
If you’re considering selling your business and want to use a strategy that provides ongoing and periodic liquidity, and smooths out the taxation of a sale, an installment sale may be the solution. There are several reasons this type of sale is implemented, but first, let’s explain what it entails.
Dual residency is for many, an excellent way to get the most enjoyment out of your assets. Having two homes in different parts of the country allows for maximum freedom in your lifestyle, and perks abound, depending on your interests.
It’s one of the biggest life events anyone can achieve. You’ve successfully navigated a long and fulfilling career and your reward awaits: the blissful stage of retirement. Remember that last final in college? That feeling of freedom?
Like it or not, the COVID-19 pandemic has pushed us into new sets of routines and has completely upended many parts of our lives. For many, this catastrophe has been compounded by school closures, historic wildfires or taking on additional caregiving responsibilities. While this process may cause you much angst, it could be beneficial, maybe even cathartic, to document how you and your family have been navigating these uncharted and sometimes disquieting waters.
Executives who previously determined that private jet ownership was unaffordable may now be able to justify this purchase thanks to the Tax Cuts and Jobs Act (TCJA) signed into law last December.
All too often — as a result of this generally welcome benefit — we see investors accepting too much personal financial risk by carrying oversized concentrations of the common stock and/or stock options of their employer.
The decision to leave a start-up carries with it a host of considerations that differ significantly from the choice to depart from an established public company. There are important issues surrounding your stock option plan that should be addressed.
Venture capital is an all-encompassing life. Your passion becomes intensely focused. Your professional life becomes your social life.
