Resources

Reduce Tax Liability on RMDs

Consider Making Charitable Donations Using a Qualified Charitable Distribution

Qualified Charitable Distributions or QCDs are a direct transfer of monies from your IRA custodian as funds payable to a qualified charity. QCDs may be tallied toward meeting your annual required minimum distributions (“RMD”), provided certain stipulations are met.

This is a win-win for almost all charitably minded investors. First, by donating to a charity you do good with your money. Equally important if not as altruistic, a QCD excludes the amount donated from your taxable income….

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Your Family Business May be Saved! Repeal of 2704 Regulations

The Treasury Department has called for withdrawal of the prior administration’s valuation rules. Family business owners reasonably worry that the current valuation rules will decimate their legacy planning options.

Issued in the summer of 2016, “Restrictions on Liquidation of an Interest for Estate, Gift and Generation Skipping Transfers” taxes restricted valuation discounts, bringing increased estate taxes upon family business owners at their death.

Calling the plans unworkable, Treasury has indicated it will publish a withdrawal of the proposed regulations in the coming months….

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The Center for Wealth Planning is now Atlantic Wealth Partners 

Steve Olson and The Center for Wealth Planning are now Atlantic Wealth Partners. We are structurally the same organization. All enhancements to our business operations enhance our ability to serve as your good partner.  

More a defining exercise than a branding one, the name change evidences the importance we place on partnership. The nautical rope signifies Atlantic Wealth Partners’ strength of robust, interconnected resources. It echoes the interconnected success we achieve with you….

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