Your financial plan relies on a lot of assumptions. Some of those assumptions include how the markets will perform over the coming decades, what inflation and interest rates will do, and what your cash flow will look like between now and the end of your life. Adverse events during your lifetime can challenge certain of these assumptions and change your needs. As a result, life insurance can be a crucial piece of your financial plan, since it is a tool to protect your future earning potential and your family’s cash flow in the years ahead.
[Read more…] about The Role of Life Insurance in Your Financial PlanNaming IRA Beneficiaries: Navigating the Hidden Complexity
When the original owner of an IRA passes away, the account is not subject to the terms of a will; instead, it will be passed directly to the named beneficiaries. Naming beneficiaries, therefore, is a key part of setting up an IRA. While doing so might sound like a simple process, the multitude of options available can make it complex.
[Read more…] about Naming IRA Beneficiaries: Navigating the Hidden ComplexityMoney Life Interview: Douglas Crimmins
Relative Value Partners has significant experience identifying opportunities for our clients in underfollowed, yield-oriented, publicly traded securities.
[Read more…] about Money Life Interview: Douglas CrimminsDr. Jeremy Siegel’s Insights on The Economy and Markets
On May 19th, RVP hosted an event in partnership with WisdomTree Asset Management that featured insights from Dr. Jeremy Siegel. Dr. Siegel is the Russell E. Palmer Professor of Finance at Penn’s Wharton School and also a frequent economic commentator in the Wall Street Journal, CNBC, and Fox Business; in addition, he writes a regular column for Kiplinger.
[Read more…] about Dr. Jeremy Siegel’s Insights on The Economy and MarketsBuilding Wealth: A financial checklist for younger investors
Your 20s and 30s are an exciting period, filled with major life events, important milestones, and new experiences. With retirement still 30 or 40 years away, it can be easy at this age to let financial planning and investing become a secondary—or even tertiary—focus.
[Read more…] about Building Wealth: A financial checklist for younger investorsStrategic Philanthropy: Considerations when making giving part of your wealth management strategy
For many of our clients, leaving an enduring legacy is an essential element of their long-term financial goals. But as with ensuring that today’s investments are aligned with tomorrow’s objectives, it is necessary to have a strategic plan of action with respect to giving.
[Read more…] about Strategic Philanthropy: Considerations when making giving part of your wealth management strategyThe Decision Tree for Gifting: A framework for making key estate planning decisions
Where will your assets go when you pass on? For every family that we work with, it’s a blend of just three places: assets will flow to loved ones, charitable causes, or the government. How much of your wealth will flow to each will depend on your estate plan and the value of your taxable estate at the time of your passing.
[Read more…] about The Decision Tree for Gifting: A framework for making key estate planning decisionsYear-End Planning: RMD & Inherited IRA Strategies
The SECURE Act of 2019 made significant changes to the laws concerning IRAs—especially those relating to required minimum distributions, or RMDs—that affect both IRA owners and beneficiaries. Although the law technically went into effect last year, RMDs were suspended in 2020 due to the COVID-19 pandemic, which means 2021 will be the first year that many people will be taking RMDs under the new law.
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RVP Welcomes Rebecca Deaton and Team
November 1, 2021
CHICAGO – Relative Value Partners Group, LLC (“RVP”), an integrated wealth management firm based in Northbrook, Illinois that serves wealthy families and institutional clients nationwide, today announced a definitive agreement under which industry veteran Rebecca Deaton will join RVP. This transaction is part of a strategic initiative to expand the depth of the firm’s planning services and partnership team.
The FAQs of 529 Plans
Since the late 1980s, 529 plans have been a valuable tool to tax-efficiently fund a college education. However, it’s important to note that these plans are no longer limited to higher education costs: thanks to the Tax Cuts and Jobs Act of 2017, 529 plans can now be used to finance the cost of K–12 private school costs as well.
[Read more…] about The FAQs of 529 Plans