News & Insights
Top 8 Reasons You Should Be Gifting NowAugust 16, 2019
Most of us understand there are tax benefits to estate planning. But what many don’t realize are the numerous advantages inter-family gifting means for your estate plan. Here are the top 8 reasons you should be gifting now.
The Tamar Fink Way – #7August 5, 2019
Demonstrate a relentless solution focus, rather than pointing fingers or dwelling on problems. Identify lessons learned and use those lessons to improve ourselves and our processes so we don’t make the same mistake twice. Get smarter with every mistake. Learn from every experience.
The Tamar Fink Way – #6July 22, 2019
Get to know our clients, industry partners, and your coworkers on a personal level. Seek to understand what’s important to others and find out what you can do to have an impact on them and their families. Be bold and build strong, meaningful, and lasting connections through warmth, creativity, and sensitivity. Relationships built the foundation our business and our future will be determined by the value we deliver to others.
Cleaning Up Prior Estate PlanningJuly 17, 2019
Recently, the gift, estate and generation-skipping transfer (GST) tax exemptions have increased to $11.4M. The increased exemptions could allow individuals to make substantial gifts and transfer assets out of their taxable estates without triggering gift taxes. This enhanced gifting capability could be used to simplify and clean up existing plans and to remove any unwanted complexity.
The Tamar Fink Way – #5July 8, 2019
Work from the assumption that people are good, fair, honest, and that the intent behind their actions are positive. Set aside your own judgements and preconceived notions. We all expect the benefit of the doubt – make sure to give it to others.
The Tamar Fink Way – #4June 25, 2019
This past week, I was looking through some old photos on my phone when some pictures of my family during Thanksgiving suddenly struck me and made me think about the importance of meaningful appreciation. Coincidence? I don’t think so.
Preventing Bad Heir DaysJune 20, 2019
Research shows that one of parents greats fears are that their children will end up in conflict and quarrels after their gone. How can you design your plan so your heirs will cooperate, work together and not fight over what you have left them? In other words, what is the remedy for a bad "Heir" day?
Transferring Values Through Transferring WealthJune 19, 2019
A common concern of my clients is how to transfer their VALUES in the process of transferring their WEALTH. I often hear, “I don’t want my kids to be Trustafarians” or “The journey of growing our wealth was so important, I don’t want my kids to miss it” or “I didn’t have any money starting out, they should start the same way.”
The Tamar Fink Way - #3June 6, 2019
Take personal responsibility for making things happen. Respond to every situation by looking for how we can do it, rather than explaining why it can’t be done. Be resourceful and take initiative. Don’t make excuses or wait for others to solve the problem. Don’t leave a mess for others...finish what you start!
The Tamar Fink Way - #2May 28, 2019
Missing just one detail can have an enormous impact on a job. Be organized and plan your work for maximum efficiency. Be thorough and a fanatic about accuracy and precision. The goal is to get things right, not simply to get them done. Double-check your work. Document everything. Write down what happens, what you commit to, and what the client says.