by Leif Jensen | Aug 22, 2022 | Estate Planning, Investing |
As I was digging into the generational wealth issue, I came across a research paper: Inheritances and the Distribution of Wealth Or Whatever Happened to the Great Inheritance Boom? Details in the paper estimated that of the total wealth of the population, only 35...
by Leif Jensen | Aug 17, 2022 | Estate Planning, Investing |
“Three generations from shirtsleeves to shirtsleeves,” Andrew Carnegie commented on the tendency of families to squander their wealth in a relatively short span of time. There’s a message in that for business owners. Do you own a business? Do you...
by Leif Jensen | Aug 16, 2022 | Estate Planning, Investing |
I was on a webinar that had a strong emphasis on asset protection with a generational wealth protection perspective. This got me looking into what facts I can find on generational wealth. Do you own a business? Do you have your children working for you in your...
by Leif Jensen | Aug 15, 2022 | Estate Planning, Investing |
I was on a webinar that had a strong emphasis on asset protection with a generational wealth protection perspective. This got me looking into what facts I can find on generational wealth. Not every person who makes millions comes from a family who has money. This...
by Leif Jensen | Aug 8, 2022 | Investing, Money Management, Retirement |
2021 seemingly was the year of Roth conversions. We had multiple clients joint our regulars who do annual conversions. A Roth conversion needs to go directly from brokerage to brokerage with no income limitations as well as no conversion amount limitations. But all...
by Leif Jensen | Jul 20, 2022 | Investing |
This year I have noticed that more and more clients have holdings at multiple brokerage firms. Typically, you can squeeze a better deal on costs and fees, if one hold most or all of your assets. I asked one gentleman why? He explained that while he makes most of his...
