Discover strategies employed by the wealthy to optimize tax benefits and grow your assets. Understand the IRS landscape, inflation expectations, and other key factors that impact your wealth.
Today, we bring you insights from Chris Heerlein, the CEO of Reap Financial, on tax-savvy ways to dive into the realm of second home investments. Join us as we explore […]
Tax-Wise Ways to Handle the Second Home Read More »
It’s hard to believe we’re walking into the back-end of the year, and we want families to start thinking about how they can reduce their overall taxes. The way most
Year-End Tax Savings Strategies To Take Advantage of Now Read More »
Understanding taxes and how they can significantly impact your retirement savings is crucial. Chris talks about harnessing tax strategies to help you keep more of your wealth during retirement on
How to Harness the Tax Strategies of the Affluent and Super Wealthy Read More »
It is interesting to evaluate how various economic events throughout time affect different demographics. For example, the 2007-2009 Great Recession saw higher losses in male-oriented jobs, such as construction and
America’s Seesaw Wealth Read More »
Have you ever thought about what you would do if a windfall dropped in your lap? It’s not that unusual. After all: The U.S. is experiencing the greatest wealth transfer
Windfall Imaginings: Financial Strategies for When You Fall into Unexpected Money Read More »
Chris Heerlein, in his video, shares personal anecdotes to emphasize the importance of private client financial relationships in wealth management. He recounts his early experiences of earning and saving money, beginning with a job at a metal foundry at the age of 14. This early exposure to financial realities, like the impact of taxes on earnings, sparked his lifelong focus on maximizing net wealth. Heerlein identifies with the mindset of his clients, understanding their desire to preserve the wealth they’ve worked hard to accumulate. He stresses that while paying taxes is a responsibility, ensuring that one does not overpay is equally important. This philosophy resonates with the families he consults, who are often driven professionals and entrepreneurs with a strong desire to maintain and grow their wealth.
Chris Heerlein on the Importance of Private Client Financial Relationships Read More »
It seems that millions of taxpayers still have not received their tax refunds from 2020 and even 2019.1 A major reason is due to the defunding of the IRS. Between 2010
The Taxing Landscape of the IRS Read More »
What is a Virtual Family Office (VFO)? A Virtual Family Office (VFO) is an innovative approach to wealth management that caters to the needs of affluent families by offering personalized, comprehensive financial services and advice. Unlike traditional family offices, which are typically reserved for the ultra-wealthy with resources to maintain their own teams of financial professionals, a VFO leverages modern technology to provide similar high-level, tailored financial services virtually.
New Solution to Wealth Management? Hire a Virtual Family Office Firm Read More »
In an effort to pay for new legislation, the Biden administration has proposed higher taxes for the nation’s highest earners. The president advocates returning the top tax rate to 39.6%
2021 Tax Strategies Read More »