For most successful investors, tax planning is a vital supplement to a comprehensive financial plan. Pairing disciplined tax planning services with a tax-efficient investment program can help maximize after-tax returns and minimize the overall impact of taxes.
At Apella Wealth, we have extensive experience and expertise in helping our clients with carefully coordinated and comprehensive year-round tax planning services.
While we work with a wide variety of clients, tax planning is most applicable to individuals and families in their prime earning years or retirees who hold an assortment of taxable and retirement accounts (individual, joint, trust, IRAs, Roth IRAs, and employer plans). These investors are typically in higher tax brackets where the tax benefits of planning have greater impact.
Our Process
To make sure we are focused on all potential tax-saving opportunities—as well as being able to incorporate any changes in your life or circumstances—we use a multi-step planning process.
Step 1: Information Gathering
We begin by reviewing tax filings, estate and other important documents, coordinating with the client’s tax and other planning professionals.
Step 2: Plan Creation & Implementation
We create your tax plan and directly implement tax saving strategies as well as any additional action steps, such as coordinating with your attorney, updating documents, or creating trusts.
Step 3: Integration with Your Investment Program
Your investments will be managed and optimized with your tax plan in mind.
Step 4: Ongoing Monitoring
Because your life and your situation will evolve over time, and there will be new tax legislation and regulations, we review your tax plan at least annually to make sure it stays relevant and effective.
Tax Planning Services
While this article summarizes the tax planning services we may incorporate in your overall comprehensive financial service, we cannot overemphasize the importance of our periodic coordination with your tax and other planning professionals. Coordinating with your tax and legal experts is often required before implementing a strategy or changing an account title or beneficiary designation, for example.
Contact your Apella Wealth financial advisor if you have any questions about our tax planning services.
Disclosures:
Apella Capital, LLC (“Apella”), DBA Apella Wealth, is an investment advisory firm registered with the Securities and Exchange Commission. The firm only transacts business in states where it is properly registered or excluded or exempt from registration requirements. Registration of an investment adviser does not imply any specific level of skill or training and does not constitute an endorsement of the firm by the Commission. Apella Wealth provides this communication as a matter of general information. Any data or statistics quoted are from sources believed to be reliable but cannot be guaranteed or warranted.
Apella Wealth does not provide tax or legal advice and nothing either stated or implied here should be inferred as providing such advice.