Smart Wealth Blog

360 Financial partners with a married couple in their sixties—high-earning, long-time business owners seeking proactive financial guidance.

Alex* was a highly successful sales professional. Although he was in his early sixties, he enjoyed his work and wasn’t planning to retire yet. However, the situation changed overnight when his company was bought out, and the new owners decided to eliminate Alex's position.

Melissa and Mike* had been clients of 360 Financial for several years. They were organized, financially disciplined, and had accumulated substantial assets across retirement, Roth, and taxable investment accounts.

Your business structure will determine how much tax you’ll owe, how your personal assets are protected, and how you pay your taxes.

One of my clients is a plumber who owns and runs his own business. He employs his wife and four children. We are able to do some pretty cool things for them. Their combined net worth — including their home, investments, and retirement accounts — was a little over $500,000. It might seem like estate taxes won't affect this couple. However, that's not the case. Net worth and estate value are not always the same thing.

I recently had a meeting with a couple that is in their early 40s to talk through their current estate plan. Their combined net worth — including their home, investments, and retirement accounts — was a little over $500,000. It might seem like estate taxes won't affect this couple. However, that's not the case. Net worth and estate value are not always the same thing.

An inherited IRA is inherited money that has yet to be taxed. 

One of my favorite things to say in a client meeting is: Did you know that you’re now "work optional"?

If you’re like me, you don’t mind paying the tax that you owe — but overpaying taxes…no thank you!

Nobody wants to pay more tax than they absolutely necessary. And that’s understandable. For many of us, tax is our biggest expense. 

Estate planning can be complex, and it’s not uncommon to make mistakes.