Tag: Income Tax Planning

Tax Countdown: Planning for the Expiration of the TCJA (Ep. 90)

Tax Countdown: Planning for the Expiration of the TCJA (Ep. 90)

In 2017, the Tax Cuts and Jobs Act (TCJA) introduced some significant changes to tax laws, both on the income and estate side.

Now, as we approach its expiration on December 31st, 2025, it is important to plan for the looming tax changes!

Join our senior wealth advisors Matt Griffith, CFP®, and Roby Kotcamp, CFP®, as they unpack the potential tax changes and their implications for high-net-worth individuals and business owners.

Matt and Roby discuss:

  • How income tax rates and deductions might be affected
  • Expected changes in the lifetime exemption for estate and gift tax
  • Strategies that may help you take maximum advantage of the prevailing tax laws
  • Why you should act now instead of waiting until 2025
  • And more

Resources: 

Connect with Matt Griffith:

Connect with Roby Kotcamp:

Connect with Centura Wealth Advisory:

Unbundling Financial Services and Maximizing Value for High-Net-Worth Individuals (Ep. 88)

Unbundling Financial Services and Maximizing Value for High-Net-Worth Individuals (Ep. 88)

As the financial services industry moved to a fee-based model, many firms started to ‘bundle’ their services. For example, investment management may be bundled with financial planning.

But are clients really getting maximum value from bundled services?

In this episode, Derek Myron, CFP®, Managing Director, and Sean Clark, Director of Financial Planning,  explore the benefits of unbundling financial services, especially for high-net-worth individuals and founder-led business owners.

Derek and Sean discuss:

  • The evolution of financial services toward fee-based RIAs
  • The distinction between “above the line” and “below the line” services
  • The value of income tax planning, wealth transfer planning, and balance sheet optimization
  • What to do if you feel you’re underserved (or need help finding a new professional)
  • Helpful advice for business owners considering selling their business
  • And more

Resources:

Connect with Derek Myron:

Connect with Sean Clark:

Connect with Centura Wealth Advisory:

Centura Client Experience from the View of a Retired Certified Public Accountant (Ep. 76)

Centura Client Experience from the View of a Retired Certified Public Accountant (Ep. 76)

Krista Schmitt, a retired CPA, has spent nearly 30 years working for a Fortune-500 company in the area of accounting and financial information systems.

Despite her financial background, she knew she wanted to lean on an expert and decided to work with Centura Wealth Advisory (Centura) and has been a client of Derek Myron, Managing Director, for nearly two decades!

In this episode, Derek interviews Krista about her experience as Centura’s client moving through the Liberated Wealth® Process.

Derek and Krista discuss:

  • Why Krista started to feel that investing only in a 401(k) wasn’t enough
  • Her exposure to alternative investments as Centura’s client (and how it impacted her portfolio)
  • The benefits of working with a well-coordinated and trusted team of professionals
  • The best place to start if you do not have a team of advisors yet
  • And more

Resources:

Connect with Derek Myron:

Connect With Centura Wealth Advisory:

The presented testimonial is from a current Centura client and is for informational purposes only. The statements provided should not be considered as a representation of all client experiences, which may differ substantially.