Reed Family Wealth Services’ Post

Headline: #TuesdayTips: Navigating the New NIL Landscape for Your Florida Student-Athlete 🌟🏀💰 Calling all Florida parents of high school and college athletes! The game has changed, and it's time to adapt to the new era of Name, Image, and Likeness (NIL) deals. With the Florida High School Athletic Association (FHSAA) poised to allow NIL deals for high school athletes, pending approval from the Florida State Board of Education, your child could soon have the chance to monetize their athletic talents while still pursuing their dreams. As exciting as this opportunity is, it's crucial to approach it with a strategic mindset. That's where Reed Family Wealth Services comes in. Our team of experienced wealth management professionals understands the unique financial challenges and opportunities that come with being a student-athlete in the NIL era. We're here to help you navigate this uncharted territory and ensure that your child's NIL earnings are managed and invested wisely. Our personalized approach to financial planning takes into account your child's short-term and long-term goals, tax implications, and the need for asset protection. When you partner with Reed Family Wealth Services, you can expect: 1. A comprehensive analysis of the tax implications of NIL deals and a tailored, tax-efficient plan 2. A customized investment strategy that aligns with your child's unique needs and aspirations 3. The establishment of trusts and other legal structures to safeguard your child's hard-earned assets 4. Ongoing financial education and guidance to empower your child to make informed decisions about their money Don't let this transformative moment pass without taking action to secure your child's financial future. Contact Wesley Reed at Reed Family Wealth Services today (352-394-8453) to schedule a consultation and learn how we can help you and your student-athlete thrive in the new NIL landscape. With the right guidance and planning, your child can focus on their passion while building a strong financial foundation for years to come. 🎓💪 #TuesdayTips #NILDeals #FloridaAthletes #WealthManagement #FinancialPlanning #StudentAthletes #ProtectYourChildsAssets #ReedFamilyWealthServices #RFWS #tuesdaythoughts #topicstuesday #florida #highschoolathletes #floridaparents #moms #dads #parents #kids #education #coaches

Attention Florida Parents: Is Your Child Athlete Ready for the New NIL Era? As a parent of a high school or college athlete in Florida, you may have heard about the recent groundbreaking change in the law. The Florida High School Athletic Association (FHSAA) has voted to allow Name, Image, and Likeness (NIL) deals for high school athletes, pending approval from the Florida State Board of Education. This means that your child could soon have the opportunity to earn money while still pursuing their athletic dreams. At Reed Family Wealth Services, we understand the excitement and potential financial benefits that come with this new era of student-athlete compensation. However, we also recognize the importance of properly managing and investing these newfound assets to ensure a solid foundation for your child's future. That's where our expertise comes in. We specialize in helping families navigate the complexities of financial planning, particularly when it comes to the unique needs of student-athletes. Whether your child is a rising high school star or a college athlete on the brink of a professional career, we can help you develop a customized strategy to protect and grow their NIL earnings. Our team of experienced wealth management professionals will work closely with you to: 1. Understand the tax implications of NIL deals and develop a tax-efficient plan 2. Create a personalized investment strategy that aligns with your child's short-term and long-term goals 3. Establish trusts and other legal structures to safeguard your child's assets 4. Provide ongoing financial education and guidance to help your child make informed decisions about their money Don't let this incredible opportunity pass by without ensuring that your child is set up for long-term financial success. Contact Reed Family Wealth Services today to schedule a consultation and learn more about how we can help you navigate the new NIL landscape. Let us help you start your child athlete on the right track now, so they can focus on their passion while building a strong financial future. Wesley Reed Reed Family Wealth Services 352-394-8453 #NILDeals #FloridaAthletes #WealthManagement #FinancialPlanning #StudentAthletes #ProtectYourChild'sAssets #ReedFamilyWealthServices #thusdaythoughts #florida #FHSAA #NIL #parentsofathletes #floridastateboardofeducation #compensation #moneymangement #investments

Attention Florida Parents: Is Your Child Athlete Ready for the New NIL Era? As a parent of a high school or college athlete in Florida, you may have heard about the recent groundbreaking change in the law. The Florida High School Athletic Association (FHSAA) has voted to allow Name, Image, and Likeness (NIL) deals for high school athletes, pending approval from the Florida State Board of Education. This means that your child could soon have the opportunity to earn money while still pursuing their athletic dreams. At Reed Family Wealth Services, we understand the excitement and potential financial benefits that come with this new era of student-athlete compensation. However, we also recognize the importance of properly managing and investing these newfound assets to ensure a solid foundation for your child's future. That's where our expertise comes in. We specialize in helping families navigate the complexities of financial planning, particularly when it comes to the unique needs of student-athletes. Whether your child is a rising high school star or a college athlete on the brink of a professional career, we can help you develop a customized strategy to protect and grow their NIL earnings. Our team of experienced wealth management professionals will work closely with you to: 1. Understand the tax implications of NIL deals and develop a tax-efficient plan 2. Create a personalized investment strategy that aligns with your child's short-term and long-term goals 3. Establish trusts and other legal structures to safeguard your child's assets 4. Provide ongoing financial education and guidance to help your child make informed decisions about their money Don't let this incredible opportunity pass by without ensuring that your child is set up for long-term financial success. Contact Reed Family Wealth Services today to schedule a consultation and learn more about how we can help you navigate the new NIL landscape. Let us help you start your child athlete on the right track now, so they can focus on their passion while building a strong financial future. Wesley Reed Reed Family Wealth Services 352-394-8453 #NILDeals #FloridaAthletes #WealthManagement #FinancialPlanning #StudentAthletes #ProtectYourChild'sAssets #ReedFamilyWealthServices #thusdaythoughts #florida #FHSAA #NIL #parentsofathletes #floridastateboardofeducation #compensation #moneymangement #investments

👨👩👧👦 Planning for your family's future? Here's how to get started: 1️⃣ Save for your child's education with smart investment plans. 2️⃣ Explore the best college savings options available. 3️⃣ Financially prepare for the joys of parenthood. 📚 Start securing your family's tomorrow today! #FamilyPlanning #EducationSavings #FinancialFuture

👨👩👧👦 Planning for your family's future? Here's how to get started: 1️⃣ Save for your child's education with smart investment plans. 2️⃣ Explore the best college savings options available. 3️⃣ Financially prepare for the joys of parenthood. 📚 Start securing your family's tomorrow today! #FamilyPlanning #EducationSavings #FinancialFuture

College Savings Month has begun! We enjoy working with families, helping them pursue their goals. Among the most important of those family goals is saving for college. Call us today if saving for college is a goal of yours! #collegesavingsmonth #september #werthwealthplanning

𝙏𝙝𝙚 𝙘𝙤𝙨𝙩 𝙤𝙛 𝙘𝙤𝙡𝙡𝙚𝙜𝙚 𝙘𝙤𝙣𝙩𝙞𝙣𝙪𝙚𝙨 𝙧𝙞𝙨𝙚 𝙝𝙞𝙜𝙝𝙚𝙧 𝙖𝙣𝙙 𝙛𝙖𝙨𝙩𝙚𝙧 𝙩𝙝𝙖𝙣 𝙩𝙝𝙚 𝙎𝙥𝙖𝙘𝙚𝙓 𝙎𝙩𝙖𝙧𝙨𝙝𝙞𝙥… Are you prepared for the turbulent ride? Or would you rather a smooth flight to and from Boca each winter as you live out your dreams of becoming a snowbird after your kids graduate from college⁉ Perhaps you earn just a tad too much, and own just enough assets, for your children to NOT qualify for need-based grants and scholarships, and you’d rather not pull from your retirement or leverage your home equity to pay for your children’s college education.   Maybe you make and have more than enough, and you’re ok with writing a fat check for your kids to go to the college of their dreams? However, if there was a way to lessen or perhaps recoup some the cost, would you be ok with writing a smaller check? Good news, folks! 😎 There are ways to pay for college without completely derailing your retirement and strategies to help you write some smaller numbers on those checks each semester! If you’d like to learn more, DM me: 𝘾𝙊𝙇𝙇𝙀𝙂𝙀 𝙁𝙐𝙉𝘿𝙄𝙉𝙂 and my team and I will get to work for you. #CollegeFunding #CollegePlanning #RetirementPlanning #FinancialPlanning #Parents #StudentSuccess #Family #Love #Success #Abundance #FAFSA #PHEAA #TheCollegeFundingCoach #MeridianFinancialAssociates

🎓 *Saving for College: Start Early, Stay Ahead!* 📈 Even Isabel is brought to tears thinking about how much college will cost by the time she's ready! The cost of higher education continues to rise, and it's never too early to start planning. Whether your child is just learning to walk or they're already in high school, the best time to start saving for college is NOW. Here in Florida, we’re fortunate to have some excellent college savings options, including the Florida Prepaid College Plan and the Florida 529 Savings Plan. These plans offer flexibility, tax advantages, and peace of mind knowing you're setting your child up for future success. 📚 **Florida Prepaid College Plan**: Lock in today’s tuition rates and avoid the stress of rising costs. 💡 **Florida 529 Savings Plan**: Enjoy investment growth opportunities and tax-free withdrawals for qualified education expenses. It’s a flexible and powerful tool for your child’s future. Don't let the rising cost of education bring tears! Let’s work together to create a savings strategy that ensures your child’s educational dreams become a reality. Reach out to me today to discuss how you can start saving and take advantage of these Florida-specific plans. Your child's future will thank you! #FinancialPlanning #CollegeSavings #Florida529 #FloridaPrepaid #StartEarly #CollegePlanning

Being a grandparent is one of life's most rewarding roles. From sharing family traditions to offering love and guidance, you play an essential part in shaping your grandchildren’s future. But did you know you can make an even greater impact by contributing to their education savings? Jessica Wetzel, Wisconsin 529 College Savings Program, explores how grandparents can support their loved ones' college dreams with a 529 college savings plan. Read now: https://lnkd.in/gmixp-MJ

Planning on giving your child an education? 🎓 I’m here to help! Did you know that 529 plans are considered when applying for scholarships? We have an alternative solution! Let us show you a way to create a plan that not only covers college tuition but also housing costs or future needs like a down payment on a home or even retirement savings. Our non-traditional College Fund Planning service guides you in setting up and managing education savings, ensuring you have a solid plan in place for your child's future. With a focus on tax-efficient strategies and flexible options, we create a roadmap tailored to your family's needs. Start building for them today! 🌱💼 Comment “education” #collegeplanning #collegeplan #education #financialeducation #buildafuture