Tips to Optimize Your Tax and Financial Planning Before Year End

Matthew J. Mancini |
Wealth Planning
Year End Affluent NC.jpg

As the calendar year comes to an end, it’s important to review your financial situation to be certain you’ve taken advantage of any year-end planning opportunities. While planning is certainly not just a once-a-year endeavor, there are certain strategies that you may wish to consider to help optimize your tax and financial planning before ringing in the New Year.With so many demands on our time at year end, we offer the following tax and financial planning tips.


Year-End 2019: Top 5 Estate and Tax Planning Strategies

Matthew T. Lee |
Wealth Planning

As we come to the end of 2019, it is once again time to consider what, if any, tax planning should be considered before year end and what the next steps will be to implement these strategies.  While tax planning is important to consider throughout the year, a little extra time spent before December 31 can help optimize your tax positioning now and in the years ahead.


Advantages of 1031 Like-Kind Exchanges

David M. Gorenberg, CES® |
Corporate & Institutional

1031 Like-Kind Exchanges offer businesses and investors the opportunity to maximize their return on real estate investments while minimizing their capital gains tax bill.  Allowable under Internal Revenue Code 1031, Like-Kind Exchanges are used to defer the payment of capital gains taxes on the sale of real property.  The basis of the relinquished property is transferred to the replacement property, thereby delaying the payment of the capital gains tax.