Knowledge Center

On The Horizon Blog

The financial planning and investment landscape changes at a dizzying speed – and often with conflicting messages. Read our team of specialists’ advice on saving, spending, investing, retirement, taxes, giving and more to help you enjoy a full life.

  • Reset Filter
on off switch labeled risk

Working Wealthy – Risk On, Risk Off

The market has been very good to investors the past few years. Aside from a harrowing but brief downturn in March and April of 2020, investors have been rewarded handsomely for investing in stocks. Is now the time to get greedy? We talk to clients all the time about risk—how much do you need; how […]

Read More

A Social Security Guide – For Your Friend Who Is Divorced

If you have a friend who was divorced after being married at least ten years, they may be able to claim social security benefits on their ex-spouse’s work record. Here’s how it works: There are no decisions to make during the divorce. The benefits are determined by the Social Security Administration when your friend reaches […]

Read More

business man contemplating exit planning

Is Your Business Worth What You Think It Is?

We have all been there – you see a nice sports car, fire engine red, and think to yourself, “Wow, what a beautiful car!”  What makes it a nice car? Just the way it looks, or does knowing there is a ton of horsepower under the hood also make it desirable? But what if you […]

Read More

Top 3 Holiday Gifts

Your children and grandchildren may be asking for the latest technology gadgets and hot new toys for the holidays, but the best gifts are not the ones on their list of things you can buy at the store. As parents and grandparents, our quest is to raise happy and healthy children. While the hottest new […]

Read More

Tax Planning for the Build Back Better Act

Tax planning for 2021 has been like watching your favorite football team drive down the field to kick the game-winning field goal, and suddenly the coach calls a timeout because the goalpost keeps moving. When President Biden was elected, we expected an unfriendly tax overhaul geared toward taxing the wealthy. With that in mind, last […]

Read More

What the Heck Is a PFIC – Tax Pitfalls of International Investments

If you are an international investor or have spent time living or working outside the US, this topic is essential to understand. While it is easy to avoid, the consequences of owning a PFIC can be so substantial that your returns are eaten away, and you are left with a nasty tax situation. Background: US […]

Read More

I Work in Finance, Are My Taxes Going Up?

In my conversations with financial professionals (private equity professionals, investment bankers, asset managers), I commonly ask the question, “what are you most concerned about as it pertains to your personal wealth management?” The answer, almost unanimously, revolves around taxes. This is a major area of concern, and the past year has left many people scratching […]

Read More

Tax Increases and Stock Options. What Does This Mean for You?

With possible tax increases coming soon, what does that mean for your stock options? A new bill could be passed at the 11th hour, and with year-end approaching, now is the time to analyze how this may impact you. Stock Options – A Brief Overview Stock options give employees the right to buy company stock […]

Read More

Don’t Forget About These 5 Tax Planning Strategies Before Year-End

With all the talk around the recent tax proposals, many have lost sight of common tax planning strategies that should not be forgotten this year.  Implementing one or more of the following strategies could help save on taxes: 1. Roth conversion to fill up 24% tax bracket The 2017 Tax Cuts and Jobs Act lowered […]

Read More

Retiring Law Partner’s Checklist

Congratulations, Counselor, you’ve decided to retire!  After a long and distinguished career, it’s time to ride off into the sunset and start enjoying life after the law.  So, as a parting gift, we’ve put together this short checklist of things you should do as you prepare for your retirement and separation from your firm.  I […]

Read More

Business Owners – Is Your Buy-Sell Agreement Ready to Go?

When owning a business with others, it is very important to have an up-to-date buy-sell agreement in place.  A buy-sell agreement is a legal document that outlines what happens in a business with multiple owners in the event of termination, disability, divorce, or death.  Many business owners admit that they either don’t have such a […]

Read More

When One Size Doesn’t Fit All When Budgeting

As an avid sports fan, I like to wear hats from my favorite teams.  I’ve never been a fan of one-size-fits-all hats.  They’re stretchy and often lose their shape.  I would much rather spend the extra money on a fitted hat that I know will fit like a glove, and I’ll look forward to wearing […]

Read More