Posted September 15, 2018

Welcome to the Retirement and Estate Planning portal. There are hundreds of books and millions of web pages dedicated to retirement planning and estate planning, including estate taxation. We’ve listed some topics below that deserve your attention.

The biggest problem in retirement planning is the lack of planning. People don’t plan to fail, but many fail to plan. Determine your objectives. Know your limitations. Review your options. WCG (formerly Watson CPA Group) can help you make informed decisions.

Many small business owners want to implement a retirement plan such as basic IRAs, solo 401k plans, cash balance plans or defined benefits pensions. However, the choices are crazy and the tax implications are unknown. Let us help!

WCG (formerly Watson CPA Group) is also 401k plan administrators. Most TPAs (third party administrators) do not understand you, your business or your employees. Click on the button below to learn more about our 401k plan services and how we are different.

The three stages in life are accumulation, preservation and transfer. Everyone loves accumulation- it is fun to watch your wealth grow. But if you don’t focus on proper preservation and efficient transfer, why even accumulate at all? Every life comes with a death sentence- sorry, harsh reality. Please don’t ignore the value of proper estate planning.

One of the toughest things to determine is the cost basis of stock that was acquired under a stock option plan (ISO, NSO), a stock grant (RSU), or an employee stock purchase plan (ESPP). And to make matters worse, the stock market can be volatile creating chaos on stock options.

Over two million divorces will be filed, argued and finalized this year. And every case will involve some financial settlement. Wealth is accumulated, whether in an IRA, pension or small business, and that wealth needs to be divided, fairly.