Wealth Strategies

Preparing Yourself Financially for Loss

Cathy Schnaubelt
June 20, 2019

It is difficult to consider the possibility that you may someday be separated from your partner because of death, incapacity or divorce. However, preparing for loss now can bring you peace of mind and help ensure that you’re able to make sound financial decisions, no matter your circumstances.
Wealth Strategies

4 Considerations When Evaluating Life Insurance

Becky Milliman
June 18, 2019

A life insurance program, when structured and monitored properly, can play an integral role in your estate plan. A few key considerations can help you determine the best program for you and your family.
Wealth Strategies

How to Divide Retirement Plan Assets in a Divorce

Beth McRae Mayfield
June 13, 2019

Retirement plans can be of significant value and often come with important tax implications. If you’re going through a divorce, it’s critical to understand how they are divided so that your interests are protected.
Firm News

CIBC Brings Together Private Wealth and Commercial Banking Teams in New Office Space in West Palm Beach and Tampa, Florida

Jack Markwalter
June 11, 2019

CIBC Private Wealth expands in Florida.
Wealth Strategies

3 Strategies for Minimizing Estate Taxes

Becky Milliman
June 11, 2019

Depending on your financial circumstances, the estate tax and generation-skipping transfer tax have the potential to significantly reduce your estate. Fortunately, there are a few strategies you can pursue to avoid paying more taxes than necessary.
Wealth Strategies

Insurance Issues to Consider in a Divorce

Beth McRae Mayfield
June 06, 2019

Like any issue that comes up during divorce, determining how to handle changes in insurance may not always be as straightforward as they seem. It’s important to be aware of all existing policies going into the divorce, as well as any new policies you may need as a result of the settlement. To learn more, read our recent blog post, Insurance Issues to Consider in a Divorce.
Wealth Strategies

3 Key Questions to Ask Yourself as You Develop Your Estate Plan

Becky Milliman
June 04, 2019

Deciding how you want your wealth distributed upon your death can be a daunting task. If you’re unsure where to start, answering some basic questions about how you want your future wealth plan to look like can help facilitate the planning process
Wealth Strategies

Social Security Considerations After Divorce

Beth McRae Mayfield
May 30, 2019

You don’t necessarily lose your Social Security spousal benefits after a divorce. Here are three considerations to keep in mind to help you receive the highest benefit for which you’re eligible.
Wealth Strategies

3 Considerations for Thoughtfully Planning for Your Assets

Becky Milliman
May 28, 2019

However you define success, envisioning your legacy often requires the peace of mind that your financial affairs are in order—a goal that can usually be achieved by developing an overall wealth plan that includes an estate plan. Whether you’re creating a new estate plan or revising an existing one, a few key considerations can help you effectively meet your objectives.
Wealth Strategies

3 Child Support Considerations in a Divorce

Beth McRae Mayfield
May 23, 2019

Like any issue in divorce, there’s no one-size-fits-all solution for determining who will bear the brunt of financially supporting the children. Still, if you’re going through a divorce and have minor children, these three considerations may help frame the conversation.
Wealth Strategies

3 Issues to Consider for the Ultimate Sale of Your Business

Theresa Marx
May 21, 2019

Almost two-thirds of business owners plan to transfer their ownership sometime in the next decade, yet many are unprepared for the various challenges selling a business presents. We disclose key steps every business owner should consider before making the transition.
Wealth Strategies

Determining and Collecting Spousal Support in a Divorce

Cathy Schnaubelt
May 17, 2019

Like most aspects of divorce, going through the process of determining spousal support can create undue emotional and financial stress without proper preparation.
Wealth Strategies

3 Issues to Consider when Transitioning Your Business to a Third Party

Theresa Marx
May 14, 2019

The decision of when and how to sell a privately-held business is often based on three factors: economics, emotion and need.
Wealth Strategies

Dividing Your Home in a Divorce

Cathy Schnaubelt
May 10, 2019

Whether you and your spouse decide to sell your home now or at some point in the future, there are many moving pieces involved.
Wealth Strategies

The Aging Brain: What Does it Mean for You and Your Family?

Judy Saxe, AEP®, CAP®
May 08, 2019

The number of people in the United States living with dementia is growing exponentially year over year. According to the Alzheimer’s Association, an estimated 46.8 million people worldwide were living with dementia in 2015, and the number is believed to be close to 50 million people for 2017. By 2030, it’s projected that 75 million Americans will be affected by the symptoms of cognitive...