Jim White, CFP®, EA, Author at Great Oak Wealth Management

Are Estate Planning Fees Tax Deductible? What You Need to Know

Good estate planning gives you control over what happens to everything you’ve built. However, the costs, such as attorney fees, […]

Preparing for retirement is one of the most important financial decisions you’ll ever make. Unlike other financial moves, you get

When you’ve built substantial wealth, taxes become one of your biggest challenges. It’s a good problem to have, but you

Retirement is a major transition for high-net-worth individuals and families. There’s a lot to look forward to, but also much

A Qualified Terminable Interest Property Trust (QTIP) is an estate planning tool that provides income for a surviving spouse while

When building wealth, your 50s are the prime of your life. A period of declining debt, peak earnings, and a

When it comes to estate planning, the concept of a stepped-up basis can be a powerful tool for reducing capital

Those just around the corner from retiring will have a way to sock away more money in their nest egg.

An in-kind distribution is an often overlooked yet simple process that could save taxes while maintaining investment allocation. They allow

A Qualified employee stock purchase plan (ESPP) is an employer benefit in which employees can purchase company stock through payroll