Explore year-end tax planning for high-net-worth households, including tax-loss harvesting, bracket management and why October matters.

Ben Gurwitz CFP® Meaningful giving deserves more than a last-minute check. Starting in September gives high-net-worth families time to coordinate charitable intent with investment, tax, retirement and estate-planning decisions. The asset you give can matter as much as the amount Cash is familiar, but it may not be the most tax-efficient way to make a significant gift. Donating long-term appreciated securities directly to a qualified public charity may allow an eligible donor to avoid...

A concentrated stock position may have helped create significant wealth. It can also expose a family’s future to the fortunes of one company—often the same company providing its income and benefits. Concentration can build wealth—and amplify risk Executives, founders and long-term employees often accumulate company stock through equity awards, employee purchase plans or years of holding appreciated shares. The position may represent professional success, personal loyalty and a substantial...