Wings of Wealth: Why UHNW Investors Are Turning to Warbirds
By Greg Banner, CFP®, CLU®, CRTP There is a certain kind of asset that defies the logic of a spreadsheet — one that you can see, touch, maintain, and even fly into an airshow. For a growing number of ultra-high-net-worth clients, that asset is a warbird: a vintage military aircraft, meticulously restored and airworthy, representing […]
Retirement and Charitable Planning with the SECURE 2.0 Act
By John L. Jenkins, AEP®, CFP®, CFF®, BPC Recently, the SECURE 2.0 Act was announced, which expanded Qualified Charitable Distributions (QCDs) allowing a one-time only QCD of up to $53,000 in 2024 (indexed for inflation) to a split-interest entity. Taxpayers age 70.5 or older can use this provision to fund a Charitable Gift Annuity. If […]
The Link Between Bonus Depreciation and Private Aircraft: Understanding the Tax Benefits
By Spencer Bloomer Sales Associate at JetTransactions, an industry leading Private Aviation Sales and Acquisitions Group For businesses that need to travel frequently or transport goods quickly, owning a private aircraft can be an attractive option. However, the cost of purchasing and maintaining a private aircraft can be substantial, which is why businesses should be […]