Church, Verhulst, & Walsh

Thrilled to share that we had an amazing experience at Rockefeller Global Family Office Advisor Summit. It was truly inspiring to connect with so many talented professionals in our field. Collaborating with colleagues, sharing insights, and discussing innovative strategies was incredibly enriching. The energy and passion in the room was palpable, and I walked away with new perspectives and ideas. A big thank you to the organizers and everyone who made this event possible! Let's keep the momentum going and continue to support each other in our journey toward excellence. Looking forward to our next opportunity to connect and collaborate! Church, Verhulst, & Walsh

Amid proposals to alter state income tax regimes, taxpayers should be paying close attention to discussions surrounding state tax law changes and anticipating how they may be impacted. While some states are lessening their state income tax or implementing a flat tax rate, others are focused on supplementing taxes on capital gains and implementing surtaxes to recover revenue lost from population outflow. For a detailed overview and strategic considerations, we encourage you to review our latest strategic insight by clicking below.

Navigating college decisions can be overwhelming, often overshadowing the crucial financial transitions young adults face at 18. Establishing a credit score and creating a financial plan are essential steps in developing financial literacy and independence. In the Strategic Insight, "Navigating Adulthood: Essential Factors to Consider During Your Child's College Transition", we highlight essential considerations for parents as their child transitions into adulthood. Please reach out to CVW Wealth Partners with any questions or to talk about these topics more in-depth.

We are pleased to share our latest insight, "Optimizing Your 401(k): Emerging Trends and Expert Strategies," in honor of National 401(k) Day. The 401(k) remains a cornerstone of retirement savings for many Americans, offering significant tax advantages and flexibility. This insight explores the advantages of traditional 401(k)s, the benefits of Roth IRAs, and the flexibility of self-directed 401(k) plans. It also highlights key trends such as auto-enrollment, and target-date funds. CVW Wealth Partners are ready to assist you in navigating these strategies to ensure your retirement plan aligns with your financial goals. Reach out to learn more.

For entrepreneurs selling their businesses, the process can be complex, especially with tax implications. Our latest insight, "Optimize Your Exit: Tax-Smart Strategies for the Sale of Your Business," offers tax-efficient solutions. Follow Sarah, a savvy entrepreneur, as she adjusts her tax planning to manage liabilities and enhance her investment portfolio. The insight explores the strategies Sarah might implement during this taxable event, comparing Traditional and Accelerated Tax Loss Harvesting (TLH) programs and highlighting Rockefeller's Accelerated TLH program. Ultimately, Sarah successfully reduces her net capital gains by $15 million. Click below to read the full insight and reach out to learn more about how Rockefeller can assist you in the sale of your business.

The Rockefeller family's longevity of wealth serves as a quintessential example of how prioritizing the development of the next generation through financial education and proactive family discussions can lead to great stewardship of family wealth and legacy. One of the most crucial aspects in ensuring a sustainable legacy is finding shared family values to bridge the gap between generations. Through encouraging financial education for family members and fostering a collaborative environment, the complex task of finding shared family values becomes possible. To read this article, click below, and reach out to learn more about how Rockefeller can assist you in creating a legacy that embodies both financial and value-driven success.

CVW Wealth Partners was thrilled a have a special visitor in the office today. Finley "Finn" Shea, Joseph Church, CFP®'s grandson, brought joy and laughter to our Monday lunch hour. Finn was able to scope out his office for his future role at Rockefeller! It's no surprise he picked the corner office with the best view! #officevisit #nextgeneration

On Wednesday, we gathered together to celebrate the retirement of one of our long-time employees, Kelly Franke with a delicious dinner at Annie Gunns Restaurant. It was a bittersweet moment as we said goodbye to a valued member of our team, but we also took some time to reflect on all the amazing memories we shared together. Here's to a well-deserved retirement filled with relaxation, adventure, Grandkids, and new beginnings. Cheers to you and all the wonderful years ahead!

While the Roth IRA has played a role in helping investors generate tax advantaged returns for many years, it has recently garnered increased attention from investors in the face of potential rising income taxes. With careful planning, individuals can implement strategies such as Roth Conversions, Backdoor and Mega Backdoor Contributions, Strategic Asset Location, and purchasing private stock at low valuations to implement Roth IRA accounts into their financial plans. When considering a Roth conversion, it is important to assess both current and future income tax rates, the potential to take advantage of temporarily low asset values, and the capacity to cover conversion taxes using non-IRA assets. To learn more about incorporating Roth IRA accounts into your financial plans, we encourage you to read our latest insight, Planning with Roth IRAs, by clicking below.