by Bryan Wisda, CFP® | May 3, 2025 | Wealth Transfer
In the world of financial planning, few instruments are as misunderstood—or as deceptively complex—as the non-qualified annuity. The non-qualified annuity inheritance pitfalls are significant. Often sold under the banner of “tax-deferred growth” and “guaranteed...
by Bryan Wisda, CFP® | Feb 26, 2025 | Advanced Planning, Tax Planning, Wealth Protection, Wealth Transfer
Key Takeaways: A strategy known as “decanting” could potentially allow you to alter the terms of an irrevocable trust. Decanting can be used to remove a beneficiary, to split one trust into two trusts, and for other purposes that align with...
by Bryan Wisda, CFP® | Dec 6, 2024 | Advanced Planning, Retirement Planning, Tax Planning, Wealth Transfer
One of the most common questions I receive, as a CERTIFIED FINANCIAL PLANNER™️, from clients is about Roth conversions. With proper planning, converting traditional retirement accounts to Roth accounts can be a powerful tax planning strategy. Let me break down...
by Bryan Wisda, CFP® | Sep 28, 2024 | Advanced Planning, Tax Planning, Wealth Transfer
With the expiration of the Tax Cuts and Jobs Act (TCJA) set for the end of 2025, significant changes to the tax landscape and 2026 tax brackets could be on the horizon. To effectively prepare, it’s crucial to understand how various tax provisions might shift and what...
by Bryan Wisda, CFP® | Sep 2, 2024 | Advanced Planning, Tax Planning, Wealth Management, Wealth Transfer
This is a game-changer for married couples residing in Kentucky with assets with significant capital gains. As a certified financial planner, I’m always looking for strategies to help my clients optimize their financial futures. Today, I’m excited to share...
by Bryan Wisda, CFP® | Aug 8, 2024 | Advanced Planning, Tax Planning, Wealth Transfer
I’ve been a financial advisor since 2001 and a CFP® since 2006. In all those years, I’ve never had a client die who was the owner of an inherited IRA (sometimes referred to as a beneficiary IRA). Unfortunately, this scenario just played out and I had to do...
