resource
library
Knowledge helps take the fear and unease out of your financial health. We have created this repository of helpful guides, videos and articles for those who are serious about empowering themselves to make better financial descisions.
Maintaining a Long-Term Focus 6.22.22
Understanding Inflation in 2022 11.22.22
Avoiding Probate with a Revocable Living Trust
Estate Planning and Legacy Planning:
One of the most cumbersome aspects of an estate settlement process is going through probate. It is public record, can be expensive, and can be a long process. An easy way to avoid probate is to create and transfer assets into a revocable living trust. Here is a good summary of how a revocable living trust will avoid probate and provide several other benefits.
Marital Deduction and QITP Trust
Estate Planning and Legacy Planning:
When developing your estate plan it can be important to take full advantage of the marital deduction that allows property to transfer between spouse without triggering and estate or gift tax. However, it is very common to see “mixed” families these days where spouses have children from prior languages. This piece walks you through how using a QTIP trust takes advantage of the marital deduction while keeping assets in trust for your children from a prior marriage.
Special Needs Trust
Estate Planning and Legacy Planning:
Families with special needs children can have complex financial and emotional challenges. While Medicaid and Supplemental Security Income (SSI) are often times crucial to help support a special needs child, these benefits are based available assets. If your special needs child will receive an inheritance, they may no longer qualify for this critical assistance. Learn how creating a special needs trust can provide support without disqualifying your child from these programs.
Charitable REmainder annuity Trust vs Unitrust
Tax Planning and Charitable Giving:
Do you own a highly appreciated asset that you would like to sell but are holding off due to the large capital gains tax bill? There is a way to avoid the large capital gain, potentially receive a large tax deduction, and convert that asset into a stream of income. This can be accomplished by utilizing a Charitable Remainder Trust (CRT). Learn how about the different structures of CRTs, the tax benefits, and the advantages and disadvantages.
Converting an Asset to an income stream with CRT
Tax Planning and Charitable Giving: Do you own a highly appreciated asset that you would like to sell but are holding off due to the large capital gains tax bill? There is a way to avoid the large capital gain, potentially receive a large tax deduction, and convert that asset into a stream of income. This can be accomplished by utilizing a Charitable Remainder Trust (CRT). Learn how about the different structures of CRTs, the tax benefits, and the advantages and disadvantages.
Net Unrealized Appreciation (NUA)
Retirement Planning and/or Tax Planning:
If you have company stock in your 401(k) plan and have left your job, don’t be so fast to complete a rollover of the full account. Depending on your tax situation, the fair market value of the stock, and the cost basis of the stock, it may make sense to take advantage of the Net Unrealized Appreciation (NUA) tax rule. This piece explains how the NUA tax rule works and important considerations to analyze.
One Way
Buy-Sell Agreement
Business Planning:
A sole business owner faces a predicament that businesses with multiple owners don’t. What happens to the business, it’s employees, and the owner’s family if something were to suddenly happen to the owner? A one-way-buy-sell agreement may be the solution to protect all the relevant parties. Here is how a one-way-buy-sell agreement can work.
Don't Expect the Fed To end this bull anytime soon
A Case for always staying invested
Investing in INflationary Environments
Stocks Tend to Take Geopolitical Events in Stride
Stocks Tend to Do Well After Correction
Address: 168 County Road 648
Encampment WY 82325
Phone: (307) 672-9738
Email: info@tractionfp.com
Address: 8321 S Sangre De Cristo Road
Suite 102
Littleton CO 80127
Phone: (720) 307-6440
Traction Financial Partners, LLC is a registered investment advisor registered with the SEC. Traction Financial Partners, LLC and its representatives are in compliance with the current filing requirements imposed upon registered investment advisors by those jurisdictions in which Traction Financial Partners, LLC maintains clients. Traction Financial Partners, LLC may only transact business in those states in which it is registered, or qualifies for an exemption or exclusion from registration requirements. Traction Financial Partners, LLC’s web site is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment related information, publications, and links. Accordingly, the publication of Traction Financial Partners, LLC’s web site on the Internet should not be construed by any consumer and/or prospective client as Traction Financial Partners, LLC solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet. Any subsequent, direct communication by Traction Financial Partners, LLC with a prospective client shall be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides. For information pertaining to the registration status of Traction Financial Partners, LLC please contact the SEC or the state securities regulators for those states in which Traction Financial Partners, LLC maintains a filing. A copy of Traction Financial Partners, LLC’s current written disclosure statement discussing Traction Financial Partners, LLC’s business operations, service, and fees is available from Traction Financial Partners, LLC upon written request. Traction Financial Partners, LLC does not make any representations or warranties as to the accuracy, timeliness, suitability, completeness, or relevance of any information prepared by any unaffiliated third party, whether linked to Traction Financial Partners, LLC’s web site or incorporated herein, and takes no responsibility therefor. All such information is provided solely for convenience purposes only and all users thereof should be guided accordingly.
To the extent that any client or prospective client utilizes any economic calculator or similar device contained within or linked to Traction Financial Partners, LLC’s web site, the client and/or prospective client acknowledges and understands that the information resulting from the use of any such calculator/device, is not, and should not be construed, in any manner whatsoever, as the receipt of, or a substitute for, personalized individual advice from Traction Financial Partners, LLC, or from any other investment professional.
PLEASE NOTE: The information being provided is strictly as a courtesy. When you link to any of these web-sites provided here, you are leaving this site. Traction Financial Partners, LLC makes no representation as to the completeness or accuracy of information provided at these sites. Nor is the company liable for any direct or indirect technical or system issues or any consequences arising out of your access to or your use of third-party technologies, sites, information and programs made available through this site. When you access one of these sites, you are leaving Traction Financial Partners, LLC’s website and assume total responsibility and risk for your use of the sites you are linking to.
Securities offered through LPL Financial, Member FINRA/SIPC. Investment advice offered through Traction Financial Partners, a registered investment advisor and separate entity from LPL Financial.
The LPL Financial registered representative(s) associated with this website may discuss and/or transact business only with residents of the states in which they are properly registered or licensed. No offers may be made or accepted from any resident of any other state
Traction Financial Partners, LLC is a registered investment advisor registered with the SEC. Traction Financial Partners, LLC and its representatives are in compliance with the current filing requirements imposed upon registered investment advisors by those jurisdictions in which Traction Financial Partners, LLC maintains clients. Traction Financial Partners, LLC may only transact business in those states in which it is registered, or qualifies for an exemption or exclusion from registration requirements. Traction Financial Partners, LLC’s web site is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment related information, publications, and links. Accordingly, the publication of Traction Financial Partners, LLC’s web site on the Internet should not be construed by any consumer and/or prospective client as Traction Financial Partners, LLC solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet. Any subsequent, direct communication by Traction Financial Partners, LLC with a prospective client shall be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides. For information pertaining to the registration status of Traction Financial Partners, LLC please contact the SEC or the state securities regulators for those states in which Traction Financial Partners, LLC maintains a filing. A copy of Traction Financial Partners, LLC’s current written disclosure statement discussing Traction Financial Partners, LLC’s business operations, service, and fees is available from Traction Financial Partners, LLC upon written request. Traction Financial Partners, LLC does not make any representations or warranties as to the accuracy, timeliness, suitability, completeness, or relevance of any information prepared by any unaffiliated third party, whether linked to Traction Financial Partners, LLC’s web site or incorporated herein, and takes no responsibility therefor. All such information is provided solely for convenience purposes only and all users thereof should be guided accordingly.
To the extent that any client or prospective client utilizes any economic calculator or similar device contained within or linked to Traction Financial Partners, LLC’s web site, the client and/or prospective client acknowledges and understands that the information resulting from the use of any such calculator/device, is not, and should not be construed, in any manner whatsoever, as the receipt of, or a substitute for, personalized individual advice from Traction Financial Partners, LLC, or from any other investment professional.
PLEASE NOTE: The information being provided is strictly as a courtesy. When you link to any of these web-sites provided here, you are leaving this site. Traction Financial Partners, LLC makes no representation as to the completeness or accuracy of information provided at these sites. Nor is the company liable for any direct or indirect technical or system issues or any consequences arising out of your access to or your use of third-party technologies, sites, information and programs made available through this site. When you access one of these sites, you are leaving Traction Financial Partners, LLC’s website and assume total responsibility and risk for your use of the sites you are linking to.
Securities offered through LPL Financial, Member FINRA/SIPC. Investment advice offered through Traction Financial Partners, a registered investment advisor and separate entity from LPL Financial.
The LPL Financial registered representative(s) associated with this website may discuss and/or transact business only with residents of the states in which they are properly registered or licensed. No offers may be made or accepted from any resident of any other state