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November 10, 2025November 10, 2025Economy, Finance, ResearchEricha Eberhart

Feeling Like You’re Walking Around in a Financial F.O.G.?

By Brian Wheeler

Have you ever had that nagging feeling that you’re doing well… but you’re not exactly sure how well? Or perhaps you find yourself thinking:

Am I saving enough?
Are my investments aligned with what I really want out of life?
What happens if my income changes, or I decide to sell my business?
Will I be able to maintain this lifestyle in retirement?

If so, you’re not alone. One of the biggest stressors in life stems from uncertainty — especially when it comes to money. I tell clients all the time: we can handle almost anything, as long as we understand what we’re dealing with. It’s the unknowns that keep us up at night.

The Cost of Financial Fog

When you’re unsure about where you stand financially, even small decisions can feel overwhelming:

Do I spend or save?
Buy or wait?
Invest or hold?
Hire that employee or hold back?
Sell the business or keep building?

Without clarity, life decisions become heavier, and stress quietly builds.

The Power of Clarity

Now imagine the opposite — waking up each day knowing:

Where you are financially
Where you’re headed
What decisions support your long-term goals
That you have a clear plan — and advisors aligned with you

That’s the moment the fog lifts. Stress gives way to confidence. Uncertainty turns into direction. And instead of reacting to life as it comes, you begin shaping your future with intention.

Course-Correct Early, Live Better Now

A clear financial picture doesn’t just give you peace of mind — it gives you time. Time to adjust, pivot, and refine your strategy long before challenges show up.

The sooner you create clarity around your finances, the sooner you can:

Align personal, business, and family goals
Optimize tax, cash flow, and investment strategies
Plan for business exit or succession thoughtfully
Make informed lifestyle decisions with confidence
Reduce stress and increase peace of mind

Ready to Step Out of the Fog?

Whether you’re building wealth, preparing for a transition, or already enjoying success but want more certainty, clarity is everything.

If you’d like support gaining a clearer picture of where you are — and where you’re headed — we’re here to help you get there with purpose and confidence.

Better clarity. Better decisions. Better outcomes.

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November 10, 2025November 10, 2025Finance, Investment, TaxesEricha Eberhart

Why It’s SUPER Important to Respect Related-Party Notes and How to Keep Yours Audit-Proof, IRS-Ready, and Drama-Free

You know the old saying: “Debt forgiven is income earned.” The IRS agrees. But like most things in the tax world, the truth depends on why and how that debt disappeared.

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November 4, 2025November 4, 2025Business, Economy, UpdatesEricha Eberhart

When SBA Loan Programs Pause: What Business Owners Should Know

As we move into the final stretch of the year, it’s time for every business owner to take a closer look at their policies and documentation for company-provided vehicles and employee reimbursements.

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Nothing feels better than being debt free. Shot of a young couple celebrating while going through paperwork at home

November 4, 2025November 4, 2025Business, Investment, TaxesEricha Eberhart

When Debt Disappears: The Tax Sting of Cancellation of Debt Income (and How to Defuse It)

You know the old saying: “Debt forgiven is income earned.” The IRS agrees. But like most things in the tax world, the truth depends on why and how that debt disappeared.

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November 4, 2025November 4, 2025Finance, Insurance, ResearchEricha Eberhart

When Does It Make Sense to Create a Trust vs. Just a Will?

By Brian Wheeler

Hint: You don’t need millions of dollars to benefit.

Estate planning is one of those topics we all know we should take care of — yet it often gets pushed aside until “someday.” And if you’re like many families, you may believe that estate planning really only becomes necessary once you’ve accumulated significant wealth.

In reality, the decision between having just a Will versus establishing a Trust has less to do with how much you own today, and more to do with what — and who — you are protecting.

Why a Will Alone May Not Be Enough

A Will is an important document. It outlines your wishes and names who will care for children (guardianship). However, a Will:

Must go through probate (a public, court-supervised process)
Can take months — sometimes longer — to settle
Can become costly and administratively burdensome
Doesn’t control how assets are used over time

A Will is still foundational, but on its own it may not provide the level of clarity, speed, and protection many families want.

Why a Trust Often Makes Sense — Even for Younger Families

A Trust allows your assets — including life insurance proceeds — to pass privately, efficiently, and according to your instructions without court involvement.

A Trust becomes especially valuable when:

Children enter the picture
You purchase a home or build savings
You establish life insurance to protect your family

Most people are surprised to learn:
The moment you have children and a life insurance policy, your “estate” is no longer small.

For example, a young couple with:

$50,000 in savings
A home with equity
$1,000,000 in life insurance

…effectively has a seven-figure estate for estate-planning purposes and may want control over how and when children receive assets — not a lump sum at age 18.

A Trust allows you to:

Choose who manages assets for your children
Decide when and how funds can be used (education, health, etc.)
Avoid unnecessary delays or court involvement
Reduce emotional and financial stress for your family

Real-World Example

A young family with two kids and a $1.5M life insurance policy unexpectedly loses one parent.

Without a Trust:

Life insurance proceeds could go through probate
Costs and delays impact access to funds
Court determines ongoing oversight
Children’s inheritance may be distributed outright at 18

With a Trust:

Life insurance proceeds flow immediately to the Trust
Trustee follows your instructions
Children’s needs are funded smoothly
Assets are protected and distributed responsibly

Bottom Line

You don’t need to be “wealthy” to benefit from a Trust. Creating a Trust is about control, protection, and peace of mind — not just dollars.

If you have children, life insurance, or a growing financial life, a Trust is worth serious consideration.

Next Steps

If you’d like help reviewing your current plan, discussing whether a Trust makes sense, or simply getting started, we’re here to help ensure your family is protected and your wishes are clear.

October 27, 2025October 27, 2025Business, InvestmentEricha Eberhart

Start With the End in Mind

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October 27, 2025October 27, 2025Business, Investment, TaxesEricha Eberhart

Section 199A and the Trade-or-Business Hurdle: A Crucial Distinction for Real Estate Owners

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October 27, 2025October 27, 2025Business, Finance, TaxesEricha Eberhart

S-Corp Owners: Don’t Miss This Long-Term Care Tax Advantage

One of the most overlooked tax strategies for entrepreneurs and early-stage investors is the Qualified Small Business Stock (QSBS) exclusion under IRC §1202. When structured properly, QSBS can allow up to a 100% exclusion of federal capital gains on the sale of stock—potentially saving millions in taxes.

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