Full Court Strategic Wealth, LLC

Divorce is tough enough emotionally. When you consider the financial implications of divorce it can be life-changing to have to make lifestyle changes from what you were accustomed to as a married couple. Full Court Strategic Wealth, LLC can help you address your new situation and work with you to develop a new financial gameplan. #cfp #divorcefinancialplanner #divorcefinances

Rebuilding financially after a divorce can be challenging, but it’s also an opportunity to reset and redefine your financial future.  Key steps for recovery include creating a realistic budget, prioritizing debt repayment, rebuilding your savings, and revisiting long-term goals like retirement planning.  Establishing a strong foundation now can make all the difference for a secure future. Read on to learn more: https://lnkd.in/evHHuKwK  If you're navigating life post-divorce and need personalized financial guidance, I’m here to help you create a clear, achievable plan for resilience and growth.  Contact me to get started: jcole@fullcourtstrategicwealth.com #FinancialRecovery #DivorceFinance #WealthManagement #FinancialPlanning #PostDivorce #MoneyMatters #FinancialResilience #Budgeting #LongTermGoals

Divorce brings a range of tax considerations that can significantly impact your financial future.  From filing status changes and alimony to understanding tax implications on assets and retirement accounts, navigating these decisions effectively can help minimize financial strain during a challenging time. Read more here: https://lnkd.in/e5Q8HqDp If you’re recently divorced or in the process, I'm here to guide you through the tax changes that may apply to your situation, ensuring you’re set up for financial resilience moving forward. Contact me to discuss tailored tax strategies to support your goals: jcole@fullcourtstrategicwealth.com #TaxPlanning #DivorceFinance #WealthManagement #FinancialResilience #DivorceAndTaxes #TaxStrategy #LongTermStability #MoneyMatters

As the 2024 election approaches, there’s growing interest in what a Trump presidency could mean for taxes. Possible changes could impact everything from income tax rates and corporate taxes to inheritance and capital gains taxes, depending on future policy proposals. For individuals and businesses, understanding these potential shifts and planning accordingly can be crucial for financial security. If you’re interested in staying ahead of potential tax changes and strategizing for the future, I can help with tailored tax planning to protect and optimize your financial position. Visit https://lnkd.in/e9EYTAZK for more. Read more about potential tax impacts here: https://lnkd.in/eCnsFxTa  #TaxPlanning #FinancialStrategy #WealthManagement #TaxChanges #FuturePlanning #FinancialSecurity

A recent article discusses the most commonly overlooked financial issues during divorce proceedings, as identified by financial advisors.  Key points include the importance of maintaining and establishing credit, understanding mortgage implications on the marital home, and addressing tax implications related to alimony and retirement plans.  The story emphasizes that many individuals underestimate the complexities involved, which can lead to unfavorable outcomes if not properly managed. Check out the full article here: https://lnkd.in/eaDKqiYp At Full Court Strategic Wealth, we’re dedicated to helping you achieve clarity and confidence during this pivotal time. We aim to ensure that our clients are well informed about their financial responsibilities and rights, minimizing the potential for unexpected liabilities. Contact us for a free consultation: https://lnkd.in/e9EYTAZK #DivorcePlanning #FinancialAdvisors #FinancialPlanning #CreditManagement #TaxImplications #EmotionalSupport #MaritalAssets #NewBeginnings

Whether you are an A-list celebrity or not, divorce is complicated, stressful and has many layers to it. Issues often include financial matters, including child support and alimony, custody, asset division, and many others. Please contact us if we can help your clients navigate through their emotionally charged and financially difficult divorce process. #cfp #divorcefinancialplanning #financialmediation

Channing Tatum and Jenna Dewan have officially settled their divorce after a lengthy six-year process, resolving critical issues such as child custody and financial disputes related to the "Magic Mike" franchise. This case highlights the complexities many couples face during divorce, particularly when significant assets and business interests are involved. At Full Court Strategic Wealth, we understand that navigating the financial implications of divorce can be overwhelming.  Our team specializes in divorce and financial planning, providing comprehensive services tailored to your unique situation. Before a divorce, we assist clients in understanding the potential financial impact, helping them make informed decisions about asset division, spousal support, and shared equity. After a divorce, our focus shifts to rebuilding and securing your financial future.  Whether you are dealing with a complex asset situation like Tatum and Dewan's or simply seeking to plan for your future, we are here to support you every step of the way. Understanding these complexities is essential for achieving a smoother transition and safeguarding your financial health.  If you're planning for a divorce, in the midst of one, or divorced, we can help you with your personal finances. Reach out to us at Full Court Strategic Wealth: https://lnkd.in/e9EYTAZK  #DivorceSettlement #JennaDewan #ChanningTatum #MagicMike #CoParenting #LegalBattle #FinancialPlanning #NewBeginnings

As the 2024 presidential election approaches, tax policy is becoming a significant point of debate, particularly regarding capital gains taxes. Vice President Kamala Harris has proposed raising the long-term capital gains tax rate to 28% for individuals earning over $1 million annually. This is a departure from President Biden's earlier suggestion of nearly doubling the rate to about 40%. Capital gains taxes are applied to profits from the sale of assets such as stocks and real estate, with rates currently set at 0%, 15%, or 20% based on income levels. The proposed increase aims to generate additional revenue for social programs while attempting to strike a balance between promoting investment and addressing income inequality. Harris's plan has garnered both support and criticism. Proponents argue that the increased tax could help fund essential services and promote a fairer tax system, while opponents warn that it might discourage investment and economic growth. The ongoing discussions about tax reform will be critical in shaping the economic landscape leading up to the election. For those interested in understanding how these potential changes could affect your family's finances, we can help.  For more details, you can read the full article on CNBC here: https://lnkd.in/eyVUBZn6 #CapitalGainsTax #TaxPolicy #2024Election #KamalaHarris #BidenAdministration #TaxReform #Investment #EconomicGrowth #IncomeInequality #TaxStrategy

💼 Maximize Your Tax Savings Before Year-End! 💼 As we approach the end of the year, it’s the perfect time to take strategic steps to bolster your financial health and minimize your tax burden. Here are some essential moves to consider: 1️⃣ Harvest Tax Losses: If you have investments that have underperformed, consider selling them to offset gains elsewhere. This strategy can help you save on taxes while repositioning your portfolio. 2️⃣ Max Out Retirement Accounts: Contributions to your 401(k) or IRA not only help you save for the future but can also reduce your taxable income for the year. Ensure you're making the most of these opportunities! 3️⃣ Charitable Contributions: Consider donating to charity. Not only does it help your community, but it can also provide a tax deduction that reduces your taxable income. 4️⃣ Review Your Investment Strategy: With market fluctuations, it’s a good time to reassess your portfolio to ensure it aligns with your long-term goals and risk tolerance. 5️⃣ Consult a Professional: Each financial situation is unique. Working with a financial advisor can provide personalized strategies tailored to your needs. Let’s finish the year strong! 💪💰 Ready to discuss how you can optimize your financial strategy before year-end? Reach out to us at Full Court Strategic Wealth for personalized guidance at jcole@fullcourtstrategicwealth.com! For more insights, check out the full article here: https://lnkd.in/eQRiNn-S #Finance #TaxPlanning #Investing #Retirement #FinancialAdvisor #YearEndStrategies

Athletes need to be especially careful about the financial advisors and business managers they hire. Unfortunately this type of fraud by a Chicago financial firm has become too common in the athlete arena. Giving your financial team too much power and control many times leads to bad things happening. Here are a few key takeaways on why due diligence before hiring your trusted financial team matters: - Reputation Risk: Associating with a business under scrutiny can tarnish your own reputation. It's vital to ensure that your partners align with your values and standards. - Financial Implications: A partnership with a struggling business can lead to financial instability for your organization. Protecting your bottom line starts with asking the right questions. - Legal Considerations: Engaging with businesses involved in legal issues can expose you to unforeseen liabilities. It’s always wise to understand the legal landscape surrounding potential partners. - Long-Term Vision: Choosing partners who are committed to ethical practices ensures that your collaboration is built on trust and mutual growth. At Full Court Strategic Wealth, we would NEVER risk your reputation or finances for a quick buck. We do things by the book, the way it was meant to be done. If you want to learn more about Off Court, check out our website: https://lnkd.in/eUuuvSUC #Athletes #BrokeAthletes #CFP #nba #nfl #athletemanagement