Napa Valley Wealth Management

Congratulations to Earl Knecht, CFP. Today we celebrate his 22-year anniversary at NVWM. #workanniversay https://buff.ly/2J3tm02

Happy birthday to Chief Investment Officer Kelly Crane. We wish you a birthday filled with happiness and laughter. Cheers, Kelly, from your whole team at NVWM. #happybirthday https://buff.ly/2HfajO1

To all the moms, grandmothers, foster moms, godmothers, might-as-well-be moms, and female mentors, today we graciously thank you. Thanks for forging a path for us to follow and for loving us unconditionally. Today is your day. We hope you feel extra warm-and-fuzzy special today. #HappyMothersDay

What happens financially when your parents pass away? President of NVWM, Kelly Crane, talked to @melmagazine about what to expect after a parent’s passing. https://buff.ly/3usIrfk

Should you use a backdoor Roth as part of your retirement plan? If you earn more than allowed to contribute to a Roth IRA, consider a backdoor Roth. You’ll pay tax todayat today’s tax ratesinstead of in the future. #retirement #financialplanning #backdoorroth

If you’re a first-time #homebuyer, you need to know your credit score before applying and put in the work to get your score to the next level. Knowing and improving your score before a lender pulls your #creditscore will help your experience go more smoothly.

Hit hard by the alternative minimum tax (AMT)? Our own Kelly Crane weighs in with GOBankingRates on six ways to reduce how much you owe. Read more: https://buff.ly/3aPphsk #taxes #amt #taxfreeincome

Avoid paying the alternative minimum tax? Create tax-free income by contributing to a Roth IRA or health savings account. Taxpayers can also create income offset by deductions on a different schedule, like Schedules C or E, not on their 1040. Read more: https://buff.ly/3aPphsk #taxes #RothIRA #healthsavingsaccount #taxfreeincome

Are you a first-time homebuyer? If so, you may wonder if it’s a good time to get a mortgage. Rates are low, so it is a good time to consider buying. #homebuyer #realestate

Today we tip our hat to NVWM President and Chief Investment Officer Kelly Crane, CFP, CLU, CFA, MBA. This month, he celebrates 37 years of helping friends, local nonprofits, and generations of families to plan, build, and preserve their wealth. https://buff.ly/2HfajO1

When it comes to saving for college, look to 529s first. Especially in light of likely increasing taxes, these offer tax-free growth, relatively high contribution limits, and the flexibility to change beneficiaries among countless family members. #collegesavings

Are you a first-time homebuyer looking for the best rate? A good credit score can improve your rate, possibly by 0.25-0.50%. Don’t let a lender pull your credit and then realize you have work to do to improve your score. Put in the work to improve your credit score before applying. #homebuyer #creditscore

Happy birthday to Associate Portfolio Advisor Gulia Beisenova. Here’s to a new year, new experiences, and new memories! #happybirthday https://buff.ly/2XFkNft

We’ve created Ask Kelly, a forum to ask our #Forbes Best-in-State advisor Kelly Crane, CFP, CLU, CFA, MBA any burning questions on how current economic and market events might impact your personal financial goals. #howtoinvestnow http://www.napavalleywealthmanagement.com/ask-kelly-a-quest

Upsides to REIT investingREITs provide the investor with a more diverse investment portfolio and reduced risk since they can purchase a variety of shares in buildings, shopping centers, hotels, warehouses, and mortgages, to name a few. Read more on investing in REITs here: https://buff.ly/3miypt0

A big Happy Birthday toast to Financial Services Coordinator Robert Mauer! https://buff.ly/2TvlhVZ

Today we wish you and your family a Happy Thanksgiving. After this remarkable year, we hope you enjoy a day of restful togetherness that will warm your heart for years to come. Our best wishes to you for a very Happy Thanksgiving.

Put your money to work for you. It’s common for those with more than $1M invested to hold significant cash in various accounts, including their brokerage sweep account. Consider moving cash that’s earning nothing to a high-yield money market account. #money #highyeild #investingtips #investing

Successful business owners are notorious for underfunding their retirement plans. Don’t leave tax savings on the table. Look to defined benefit plans, SEPs, and SIMPLEs. #businessowners #retirementplans #taxsavings

Do you want to create a #tax-free inheritance for your family? Consider a backdoor Roth #IRA. With a traditional IRA, your heirs’ withdrawals are taxed at ordinary rates. A Roth is tax-free for your heirs as the tax has already been paid. #taxes #backdoorroth #roth #inheritance #financialplanning