Posts
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How We Work with Co-Trustees
April 18, 2024
How We Work with Co-Trustees
We have a distinct advantage working with co-trustees because we tend to have existing relationships not only with our clients, but also their family members and their outside
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Funding a Trust Now vs. Later
July 21, 2023
Funding a Trust Now vs. Later
There are compelling reasons to fund a multigenerational trust while you are alive for the benefit of people you love and causes you believe in. And that’s especially true n
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2023 Federal Tax Update: Biden Budget Proposals
April 12, 2023
2023 Federal Tax Update: Biden Budget Proposals
Despite a campaign promise to raise taxes on higher income households, the Biden Administration has so far not been successful in doing so. The latest efforts on this are cont
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Last-Minute Pointers: WA State Capital Gains Tax
March 28, 2023
Last-Minute Pointers: WA State Capital Gains Tax
Updated April 11, 2023. A while back, we wrote that the 7% WA capital gains tax would be due April 18, 2023 and it was best to prepare for that sooner rather than later, which
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Impact of 2022 Federal Tax Changes
January 18, 2023
Impact of 2022 Federal Tax Changes
There were two major tax policy events in 2022: (1) The Inflation Reduction Act (aka IRA) focused on raising corporate tax revenue while incentivizing investment in clean ener
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Tax-Loss Harvesting in 2022 and Beyond
July 21, 2022
Tax-Loss Harvesting in 2022 and Beyond
Down markets can provide opportunities for us to enhance after-tax returns. LNWM’s Kristi Mathisen describes a strategy known as “tax-loss harvesting” and the careful co
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Expert Opinion: The Role of Life Insurance in Estate Planning
March 15, 2022
Expert Opinion: The Role of Life Insurance in Estate Planning
Life insurance can be a key component of estate and multigenerational wealth planning, especially for high-net-worth households. But as with many other things, the devil’
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House Tax Proposal: Impact on High-Income Households
September 28, 2021
House Tax Proposal: Impact on High-Income Households
There’s been a lot of talk about higher taxes but now we’re starting to see some action: In mid-September 2021, an actual tax proposal was adopted by the Ways & Me
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Tax Update 2021: Capital Gains Take Center Stage
July 15, 2021
Tax Update 2021: Capital Gains Take Center Stage
Got capital gains? You should know about these new tax proposals in Washington, DC and here in Washington State, where a new 7% capital gains tax is now law. LNWM’s Kristi M
