Osterweis Private Client’s Post

Want to help your child with a down payment on their first home? Or share a financial gift with someone you love? The annual gift exclusion may allow you to do so, tax-free. Our Insight provides more information: https://hubs.ly/Q02TsjCb0 #TaxExclusion #gifts #WealthManagement

Did you know that for many in Denton County, their tax refund is the single largest bank account deposit they see all year?💸 It can be the catalyst to financial security for them and their children. Our free tax prep program needs more volunteers to serve our community. Get your name on the list to get notified when trainings begin this fall >> https://lnkd.in/gvjy88n9 #FinancialAwarenessDay

The gift that keeps on giving! Instead of traditional presents, my child used their Christmas money to open a digital savings plan to empower them with financial knowledge! Explore more at https://lnkd.in/gw8hdzhC. #FinancialEmpowerment #ChristmasInvestment #DigitalSavingsPlans

Want to give a financial gift to a loved one – without accidentally gifting the IRS, too? Dive into our blog for all you need to know about gift splitting! 👉 https://lnkd.in/ekKd-wvp #financialliteracy #personalfinance #taxplanning

Making a gifting plan can help you and the recipient get the most out of your financial gift. Whether you can avoid estate taxes or set up a spendthrift trust for a loved one, there are efficient and helpful ways to communicate your wishes.

Interested in giving cash gifts to your family members? Starting in 2024, the gift tax exclusion moves up to $18,000. Learn more about this financial planning tip from Gregg Glass, Senior Wealth Advisor. #wealthtip #financialplanning #taxplanning #wallastreet

Making a gifting plan can help you and the recipient get the most out of your financial gift. Whether you can avoid estate taxes or set up a spendthrift trust for a loved one, there are efficient and helpful ways to communicate your wishes.

Curious about 529 accounts? Starting in 2024, the SECURE Act 2.0 allows recipients to roll over unused savings into a Roth IRA, if it benefits the same individual under certain conditions. Currently, money from a 529 that is used for non-educational expenses is subject to penalties and taxes. For more information on 529 accounts, click the link in my profile to schedule some time to chat! #collegesavingsmonth #529accounts #financialfuture

How to give your whole family a head start this year…👏 If you find yourself in the "sandwich generation," managing the financial responsibilities of caring for both young children and elderly parents, it can be challenging to balance everything. 😬 One way to address this is by providing your children with a strong financial foundation, which can help to spread wealth across generations. Additionally, taking advantage of tax reliefs and allowances now can help to alleviate some of the financial strain, reduce your tax bills, and better secure the financial well-being of everyone involved. https://lnkd.in/eyyCtBDf #financialeducation #wealthmanagement #moneymatters #financialwellbeing #reachyourgoals #savelittleandoften #financialadvice

37 Ways to Ask for Money for A Party 37 Ways to Ask for Money for A Party refers to various approaches one can utilize to request financial contributions from friends, family, or attendees for organizing a party. This can involve straightforward requests, creative invitations, or even setting up https://lnkd.in/du2UR6dY