A Required Minimum Distribution (RMD) from a retirement account is exactly what it says – required, mandated, a “must-do”. It’s a specific, calculated amount that must be distributed from the account each year you live […]
Retirement planning can be a complex and often daunting task, with numerous strategies and options to consider. One powerful tool that often goes underutilized is the Roth conversion. This financial maneuver allows you to optimize […]
Many high net worth individuals will come to the point where they ask themselves the question, “Do I need a trust?” Estate laws can be confusing, and getting advice from an unqualified source can make […]
A POWERFUL BUT OFTEN OVERLOOKED TOOL Over the years, BentOak Capital advisors have advised and assisted numerous clients in deferring thousands of dollars in taxes on real estate transactions using the legal deferral techniques afforded […]
One of the more impactful pieces of the December 2022 Consolidated Appropriations Act that passed into law is the so-called Secure Act 2.0. You may remember the original Secure Act from December 2019 that reshaped […]
In challenging years in the markets, such as this one, it can be difficult to find positives. One potential silver lining for times like this is that we are presented with an opportunity to possibly […]
If you have met with one of our advisors, we have probably asked you to share your most recent tax return with us. While we are not tax advisors or tax preparers, we do have […]
Introduction Tax season is in full swing. As we write this blog, we are about a month away from the annual April 15 Tax Day deadline. Most people think about taxes once or maybe twice […]
Tax reform proposals to finance the massive budget bill being cobbled together in Congress would close the door on an increasingly popular retirement savings strategy among advisers’ wealthy clients. “It really limits what folks can […]