All posts by wealthisinthedetails

Episode 7 – Tax Planning is a Year-Round Process – Part 4



A mini-series about year-round tax planning wouldn’t be complete without discussing investment tax management.

In part four, Peter Raskin discusses his investment tax management recommendations, including the advantages of capital gains and dividend tax rates. Then he dives into the ins and outs of stepped-up basis and gifting strategies.

In this episode, you will learn:

  • How to take advantage of gains (and losses) in the market to keep more of your overall financial portfolio
  • Why you shouldn’t sell your property if you are coming close to your life expectancy
  • How to know if you are a good fit for generational tax planning and swapping tax brackets
  • Why highly appreciated assets can be a good option for charitable giving
  • What a qualified charitable distribution is and how it can save you money in taxes
  • And more!

Tune in to learn about investment tax management and become better prepared for your wealth journey!

Resources:  Raskin Planning Group | Part 1 | Part 2 | Part 3

Disclosure: The is not intended to be a substitute for professional investing advice always seek the advice of your financial adviser or other qualified financial service provider with any questions you may have regarding your investment planning.

Peter Raskin is a registered representative of Lincoln Financial Advisors.
Securities offered through Lincoln Financial Advisors Corp., a broker/dealer. Member SIPC. Investment advisory services offered through Sagemark Consulting, a division of Lincoln Financial Advisors, a registered investment advisor. Insurance offered through Lincoln affiliates and other fine companies. Raskin Planning Group is not an affiliate of Lincoln Financial Advisors.

Lincoln Financial Advisors Corp. and its representatives do not provide legal or tax advice. You may want to consult a legal or tax advisor regarding any legal or tax information as it relates to your personal circumstances

CRN-2442097-022819


Episode 6: Tax Planning is a Year-Round Process – Part 3



In part three of his series, Peter Raskin discusses how asset location can make a difference in your tax plan. Don’t miss this opportunity to learn which strategies Peter uses to help his clients reach their wealth goals.

In this episode, you will learn:

  • About a case study in which a couple withdrew money from a traditional IRA but still managed to minimize their tax liability
  • How selling stocks at a loss can actually save you money in the long run (note: there are some limits to that!)
  • About Peter’s recommendations for choosing the right location for assets if you’re investing in a portfolio
  • The importance of timing and choosing when to take certain deductions
  • And more!

Tune in now and learn how to tax plan with clarity and confidence!

Resources:  Raskin Planning Group | Tax Planning as a Year Round Process Part 1 | Tax Planning as a Year-Round Process Part 2

Disclosure: The is not intended to be a substitute for professional investing advice always seek the advice of your financial adviser or other qualified financial service provider with any questions you may have regarding your investment planning.

Peter Raskin is a registered representative of Lincoln Financial Advisors.
Securities offered through Lincoln Financial Advisors Corp., a broker/dealer. Member SIPC. Investment advisory services offered through Sagemark Consulting, a division of Lincoln Financial Advisors, a registered investment advisor. Insurance offered through Lincoln affiliates and other fine companies. Raskin Planning Group is not an affiliate of Lincoln Financial Advisors.

Lincoln Financial Advisors Corp. and its representatives do not provide legal or tax advice. You may want to consult a legal or tax advisor regarding any legal or tax information as it relates to your personal circumstances

CRN-2355877-122018

 


Episode 5 – Tax Planning as a Year-Round Process – Part 2



Wealth is a journey, and that journey lasts year-round.

In part two of his tax planning mini-series, Peter Raskin dives deeper into the year-round planning process of tax planning, highlighting his point of view on taxes and why he thinks they’re important.

In this episode, you’ll learn:

  • How the political landscape will affect taxes in the future, and how to prepare for that
  • What it means to defer taxes — and how to make it work for you and your savings goals
  • The possibility of tax-free sales and investments based on your state
  • How your needs and circumstances are the number one consideration in tax and retirement planning
  • And more!

Listen now to complete Peter’s two-part series about tax planning as a year-long process. Thank you for listening!

Resources:  Raskin Planning Group | Tax Planning as a Year-Round Process – Part 1

Disclosure: The is not intended to be a substitute for professional investing advice always seek the advice of your financial adviser or other qualified financial service provider with any questions you may have regarding your investment planning.

Peter Raskin is a registered representative of Lincoln Financial Advisors.
Securities offered through Lincoln Financial Advisors Corp., a broker/dealer. Member SIPC. Investment advisory services offered through Sagemark Consulting, a division of Lincoln Financial Advisors, a registered investment advisor. Insurance offered through Lincoln affiliates and other fine companies. Raskin Planning Group is not an affiliate of Lincoln Financial Advisors.

Lincoln Financial Advisors Corp. and its representatives do not provide legal or tax advice. You may want to consult a legal or tax advisor regarding any legal or tax information as it relates to your personal circumstances

CRN-2243287-091418


Episode 4 – Tax Planning as a Year-Round Process – Part 1



When many Americans think about tax planning, they think of tax season – a short-term process which lasts a couple months at most. However, in this episode of the Wealth is in the Details podcast, Peter Raskin explains how tax planning is really a year-round process.

In this episode, you’ll learn about:

  • The difference between tax evasion and tax avoidance, as told by Supreme Court Justice Louis Brandeis
  • Peter’s explanation in layman’s terms of marginal tax brackets
  • A couple advantages of owning common stocks
  • The importance of understanding the type of investment you are making and the amount of taxes you will owe on each
  • The importance of tax bracket planning during retirement
  • And more!

Tune in now to learn all about tax planning as a year-round process!

Resources:  Raskin Planning Group

Disclosure: The is not intended to be a substitute for professional investing advice always seek the advice of your financial adviser or other qualified financial service provider with any questions you may have regarding your investment planning.

Peter Raskin is a registered representative of Lincoln Financial Advisors.
Securities offered through Lincoln Financial Advisors Corp., a broker/dealer. Member SIPC. Investment advisory services offered through Sagemark Consulting, a division of Lincoln Financial Advisors, a registered investment advisor. Insurance offered through Lincoln affiliates and other fine companies. Raskin Planning Group is not an affiliate of Lincoln Financial Advisors.

Lincoln Financial Advisors Corp. and its representatives do not provide legal or tax advice. You may want to consult a legal or tax advisor regarding any legal or tax information as it relates to your personal circumstances

CRN: 2346747-121218


Episode 3: It’s All About the Relationships – Part 2



The initial analysis of a financial planning meeting is much like opening the hood of a car — you open it up to see what you’re working with, and you move forward from there.

In this second part of his planning process mini-series, Peter explains the team-based approach used by Raskin Planning Group — an approach where clients work with each and every team member thanks to their unique specializations.

In this episode, you’ll learn:

  • The inner workings of the Raskin Planning Group team
  • What a typical discovery meeting looks like
  • How the Raskin Planning Group makes sure everyone is on the same page
  • How the team ensures that the moves their clients make supports their personal financial goals
  • And more!

Check out this episode of the Wealth is in the Details podcast to hear all about the experience of being a client at Raskin Planning Group!

Resources:  Raskin Planning Group

Disclosure: The is not intended to be a substitute for professional investing advice always seek the advice of your financial adviser or other qualified financial service provider with any questions you may have regarding your investment planning.

Peter Raskin is a registered representative of Lincoln Financial Advisors.
Securities offered through Lincoln Financial Advisors Corp., a broker/dealer. Member SIPC. Investment advisory services offered through Sagemark Consulting, a division of Lincoln Financial Advisors, a registered investment advisor. Insurance offered through Lincoln affiliates and other fine companies. Raskin Planning Group is not an affiliate of Lincoln Financial Advisors.

Lincoln Financial Advisors Corp. and its representatives do not provide legal or tax advice. You may want to consult a legal or tax advisor regarding any legal or tax information as it relates to your personal circumstances

 

CRN: 2335000-120318


Episode 2: It’s All About the Relationships – Part 1



Financial planning is about making the most of your money and assets. However, it’s also about the relationship between clients and advisors.

In part one of his two-part series on the Raskin Planning Group process, Peter Raskin explains his on-boarding procedures and the importance of building strong relationships with clients.

In this episode, you’ll learn:

  • The importance of a good match between a client and their advisor
  • The importance of goal setting
  • How Raskin Planning Group takes the most daunting tasks and works with clients to make them easy
  • Why it’s smart to talk with your children about money and your financial future, especially as they age
  • And more!

Tune in now to learn more about the process of becoming a Raskin Planning Group client!

Resources:  Raskin Planning Group

Disclosure: The is not intended to be a substitute for professional investing advice always seek the advice of your financial adviser or other qualified financial service provider with any questions you may have regarding your investment planning.

Peter Raskin is a registered representative of Lincoln Financial Advisors.
Securities offered through Lincoln Financial Advisors Corp., a broker/dealer. Member SIPC. Investment advisory services offered through Sagemark Consulting, a division of Lincoln Financial Advisors, a registered investment advisor. Insurance offered through Lincoln affiliates and other fine companies. Raskin Planning Group is not an affiliate of Lincoln Financial Advisors.

Lincoln Financial Advisors Corp. and its representatives do not provide legal or tax advice. You may want to consult a legal or tax advisor regarding any legal or tax information as it relates to your personal circumstances.

 

CRN: 2334998-120318


Episode 1 – Meet Peter Raskin of Raskin Planning Group



Peter Raskin has served the Boston area as a financial advisor for over 30 years. He’s the lead financial planner at Raskin Planning Group, which he founded with the mission to help individuals and families with their comprehensive financial needs.

In this inaugural episode of the Wealth is in the Details podcast, get to know more about Peter, who he is, and why he’s passionate about what he does. Peter shares:

  • Why the Raskin Planning Group works with the most dedicated clients
  • Who makes up their team and what each of their specialties are
  • Why Peter chooses to be active in his community
  • Peter’s personal financial philosophy and why he thinks focusing on the simple things in life is important
  • Peter’s take on winning the lottery, and why that might not be what he needs to live a happy life

Tune in now to get to know all about Peter Raskin, the founder and lead financial advisor at Raskin Planning Group!

Resources: Raskin Planning Group

Disclosure: The is not intended to be a substitute for professional investing advice always seek the advice of your financial adviser or other qualified financial service provider with any questions you may have regarding your investment planning.

Peter Raskin is a registered representative of Lincoln Financial Advisors.
Securities offered through Lincoln Financial Advisors Corp., a broker/dealer. Member SIPC. Investment advisory services offered through Sagemark Consulting, a division of Lincoln Financial Advisors, a registered investment advisor. Insurance offered through Lincoln affiliates and other fine companies. Raskin Planning Group is not an affiliate of Lincoln Financial Advisors.

Lincoln Financial Advisors Corp. and its representatives do not provide legal or tax advice. You may want to consult a legal or tax advisor regarding any legal or tax information as it relates to your personal circumstances

CRN: 2319903-111618