Minimize the Impact of the Kiddie Tax with Proper Planning

Alison Quinn |
Emerald GEMs

April 20, 2021—When the “kiddie tax” became law in 1986, the Internal Revenue Service (IRS) began taxing a child’s unearned income, such as interest and dividends, at the parent’s tax rate rather than at the child’s far lower rate. Although the kiddie tax rules can lead to harsh consequences for many families, with proper planning they may create tax-saving opportunities for higher-income taxpayers.

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Creating a Family Motto

Jerry Inglet, Ed.D, CFT-I™ |
Emerald GEMs

December 22, 2020—Over this past year, many families have grappled with topics from the pandemic to politics, perhaps disrupting family harmony. With the uneasiness that 2020 presented, has your family defined a concise purpose for the new year that drives goals? In today’s podcast, Family Legacy Advisor Jerry Inglet discusses both the importance of establishing your family’s purpose and how to supplement it with the development and use of a family motto.

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Mentorship May Increase Next Gen Engagement in the Family Business

Libby Turner, CEPA™️ |
Emerald GEMs

October 6, 2020—Many successful family businesses use mentorship programs to engage younger generations and overcome some of the challenges associated with inter-generational succession. In addition, effective mentoring may help reinforce a shared vision and company values across generations. Family Legacy Advisor Libby Turner discusses how effective mentoring can help pave the way for a successful business transition to the next generation.

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