Five Things About Gifting That All Donors Need To Know
For many clients, the annual gift exclusion is an important planning opportunity. In 2025, the annual exclusion for tax-exempt gifts to a single beneficiary is $19,000, an increase from $18,000 in 2024. Since these gifts can be made each year, they can accumulate to significant amounts over multiple years without tax consequences for either the […]
The Team of Experts Business Owners Need Before Selling a Business
For many business owners, the sale of their company is the largest financial transaction of their lives, and critical to one’s preservation and creation of wealth. If you’re a business owner contemplating a sale of your firm or transfer to children in the next three to five years, then it’s important to thoughtfully assemble a […]
How a Financial Plan Puts You in Control During Times of Turbulence
As we all know, when life doesn’t go as planned, it can create a tremendous amount of financial stress. Any unexpected change in personal circumstances such as a job loss, divorce, or illness can disrupt your sense of security. For some, extended periods of volatility in the financial markets can also contribute to financial stress. […]
Four Ways To Start Planning a Dream Retirement with Your Partner
It’s only natural for a pending retirement to bring a mix of emotions, whether it’s excitement, anticipation, worry, fear, or anxiety. What’s more, if you’re trying to envision how retirement looks like with a partner, these emotions can easily compound. In our coaching practice at Metamorphosis CCT, we frequently see couples who have vastly different […]
How To Save and Pay for College: A Q&A with a Financial Expert
Paying for college is one of the biggest financial challenges families face today. We sat down with Ben Laska, MPPL’s in-house expert on college planning to unpack key strategies parents and prospective students should consider when preparing for this major investment. From saving strategies to tax credits, here’s what you need to know. What’s the […]
Opening a Roth IRA for Your Minor Child: What You Need To Know
It may seem premature to think about retirement for kids, though it’s a topic we do discuss with some regularity with clients, particularly when 529 planning is also a consideration. Funding a Roth IRA for minors can be an equally, if not sometimes a more compelling move for those with minor children. However, it’s not […]
Help! I’m Almost Retired and I Don’t Know What To Do
You’ve put in the time in your job or career. Now you’re close to retirement, whether it’s a few months or a few years away, you’re beginning to realize you’re about to achieve the long-awaited goal of freedom in your daily life. As exciting as this important milestone of retirement appears, it can feel daunting. […]
Long-Term Disability Insurance: What Medical and Dental Professionals Need To Know
One common theme we’ve seen at MPPL Financial in our 20-plus years of advising doctors and dentists is having either the wrong type of long-term disability insurance or an inadequate policy in place. As Dan Evans, a Certified Financial Planner with MPPL, explains, “If you’re a doctor or dentist, it’s critical to be sure you […]
Medicare Facts You Need To Know
Understanding Medicare can be daunting. Here’s a primer of the key facts that you need to know when exploring the various options available to you. Enrollment Dates Initial enrollment period* Begins 3 months before you turn 65; ends 3 months after the month you turn 65 General enrollment period January 1 through March 31 each […]
Why Regular Business Valuation is Essential for Owners
If you’re a business owner, understanding the value of your business is crucial for multiple reasons. Whether you are sole proprietors or part of a partnership, having an accurate assessment of their business’s worth can help you make informed decisions regarding financial planning, retirement, and potential sales. Why Business Valuation Matters For sole proprietors, tracking […]