Tag: Capital Gains Tax
How to Lower Your Capital Gains Taxes with Adam Buchwalter (Ep. 94)

How to Lower Your Capital Gains Taxes with Adam Buchwalter (Ep. 94)

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Some states (like California, New Jersey, and New York) charge significant capital gains taxes. 

However, there are 8 states that have zero capital gains tax!

This disparity creates some tax planning opportunities for people living in highly taxed states.

Tune in to Derek Myron’s conversation with Adam Buchwalter, Partner at Wilson Elser, about effective tax-saving strategies for high-net-worth individuals, founder-led business owners, and C-level executives who want to reduce their capital gains taxes from a large liquidity event.

Adam and Derek discuss:

  • The benefits of setting up a non-grantor trust in a state with lower tax rates
  • ING Strategies and their tax implications
  • Why the same strategy may not work in New York or California (and what to do instead)
  • Tax advantages of QTIP Trusts
  • And more

Resources:

Connect with Adam Buchwalter:

Connect with Derek Myron:

Connect with Centura Wealth Advisory:

About Our Guest:

Adam Buchwalter is engaged in the practice of estate and tax planning, including developing strategies for limiting estate and income taxes, providing for a disabled child, selecting fiduciaries to manage one’s affairs, and setting up ancillary documents including powers of attorney and advance directives for health care. Adam’s practice also deals with all aspects of estate administration, from probate and gathering assets to preparing estate tax returns and distributing assets to the estate’s beneficiaries.
36. Leveraging Real Estate as Part of Charitable Planning With Wendy Beerbower

36. Leveraging Real Estate as Part of Charitable Planning With Wendy Beerbower

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Have you ever thought about donating real estate?

Not only can it minimize your capital gains taxes, but also help you amplify the impact of your charitable contributions in the community.

In this episode, Dana Levin, client Relationship Manager at Centura’s Philanthropic Strategies, speaks with Wendy Beerbower, Senior Vice President at Eisenhower Health Foundation. They explore a variety of simple and tax-efficient ways to donate real estate (or other highly appreciated assets) to the charities you care about deeply.

Wendy discusses:

  • Why current market conditions and existing tax laws are optimal to donate real estate
  • How to use charitable remainder trusts (CRUTs) to donate real estate without losing your continuous income stream
  • Ways to leverage retained life estates for a tax deduction for a future gift
  • Tips for nonprofit leaders to attract more real estate donors
  • And more

Connect With Wendy Beerbower:

Connect With Centura Wealth Advisory:

About Our Guest:

Wendy Beerbower is the Senior Vice President –– planned and major gifts at Eisenhower Health Foundation, where she has been making an impact for the past four and a half years. Wendy has an interesting background holding a real estate license since 2007, and having worked in real estate at Coldwell Banker and in the FinTech and financing space with EquityKey, in both real estate and nonprofit. She is experienced in all facets of business development process management, including strategic planning, effective people management, and innovative marketing solutions.
Episode 29 – The Potential Impact of New Tax Proposals on Capital Gains Tax and Estate Planning

Episode 29 – The Potential Impact of New Tax Proposals on Capital Gains Tax and Estate Planning

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With the For The 99.5% Act proposal, estate tax and capital gains tax are expected to rise drastically starting in January 2022. Several tax benefits might also be eliminated.

What can you do now to minimize the impact of this act on your estate planning?

Derek Myron and Kyle Malmstrom answer this question in this episode. They discuss what the new tax proposal entails, the implications if it is passed, and things you can do before the 2021 year-end to minimize your estate taxes and ensure maximum wealth transfer to your beneficiaries.

You will learn:

  • Tax saving opportunities posed by the current, all-time high benefits
  • Why you should contact a professional and begin estate planning as early as possible
  • The benefits of IR-2019-189 regulations for your estate and gift taxes
  • Strategies to build a blueprint for efficient estate planning
  • And more!

Tune in now to learn how you can prepare yourself to deal with the expected tax changes!

Resources: Centura Wealth Advisory: (858) 771-9500 | Derek Myron on LinkedIn | Kyle Malmstrom on LinkedIn

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