We are in the heart of tax season, and most likely you are meeting with or have met with your tax professional. For many, meetings to prepare a tax return are like trips to the dentist— you want to get in and out as quickly and painlessly as possible. Thus, here are some items from [...]
A customized, well- designed financial plan is discussed at the inception of most relationships at Callan Capital. A financial plan encompasses all areas important to a significant estate including investment management, debt management, tax minimization, trust and estate planning, risk mitigation, philanthropic planning, education and financial independence. The primary role of the financial plan is [...]
Callan Capital is pleased to announce that Trevor M. Callan CIMA®, CPWA® was featured in the San Diego Daily Transcript's Trusted Advisor column for his article entitled 10b5-1 Planning for Corporate Executives. Click here to read the story.
Click here to read estate tax tips from Financial Planning magazine.
Along with running a successful company and answering to shareholders, corporate executives of public companies have something else to worry about – their significant equity positions in their own companies. Used properly, a 10b5-1 plan is a tool that can help executives strategically plan and execute concentrated equity position sales. Rule 10b5-1 was established by [...]
Holidays and tax deadlines can make charitable giving unplanned and difficult to organize. However, with a proper planning strategy, it’s easy to reach giving goals, reap tax benefits, make a positive contribution to society and reward yourself in the process. Charitable Gifting is a good way to get a tax deduction, and can be a [...]
IRAs and other tax-advantaged accounts are generally considered great vehicles for saving money before and during the early years of retirement. Until you’re 59½, you’re penalized (with few exceptions) for withdrawing money [1] and at age 70½the IRS requires distributions to start over your remaining life expectancy[2]. Additionally, not withdrawing funds is often [...]
Most people have been told “asset allocation” – the mix of different asset classes, such as stocks, bonds, and cash – is one of the most important tenets of portfolio management. In our opinion, this is true. But many people are not as familiar with the concept of “asset location” – where these different types [...]
Taxes may be one of the largest expenses an individual or family faces throughout the year. But with some planning, you can potentially owe less to the IRS and increase your overall financial health. As always, please consult a tax advisor for more information. 1. Consider annual gifting for estates exceeding or expected to exceed [...]