As Founder and Managing Partner of Saugatuck Financial (SF), Justin has successfully built an award winning, nationally recognized, comprehensive financial planning practice in Westport, CT. He and his team of highly credentialed professionals are passionate about helping his clients live lives free of financial stress, by providing comprehensive financial planning and strategy implementation for high net worth and emerging high net worth individuals, families, businesses and institutions.
Articles
Worth Presents Wealth of Knowledge Saugatuck Financial
Worth sat down with Justin Charisse, Saugatuck Financial’s Founding Partner, and Luke Andriuk, Saugatuck Financial’s Investment Associate, to discuss the effects of COVID on investment planning as well as how they incorporate ESG into their portfolios.
By Justin Charise, CFP®
Mar 8, 2022Why Are the Recent Changes to IRS Code 7702 a Big Deal for High Income Earners?
Buried deep within thousands of pages of the Consolidated Appropriations Act of 2021 was an exciting change to Section 7702 of the IRS Code, which governs how life insurance is defined and treated from a tax perspective. While this change has not been widely publicized, perhaps because of its technical nature, it provides a huge […]
By Justin Charise, CFP®
Mar 4, 2022Financial Planning Considerations Under Joe Biden’s Proposed Tax Plan
With the U.S. presidential election only a few weeks away, it’s timely to evaluate the details of Joe Biden’s tax plan, the potential implications and some strategies that might be worth considering. Before we begin, it’s worth noting that even if Biden is elected, his tax plan becoming a reality would likely hinge on Democrats […]
By Justin Charise, CFP®
Oct 15, 2020The Top Questions Investment Advisors Are Getting Asked Right Now
Worth asked RIAs and financial advisors what they’re advising their clients to do right now. Here’s what they had to say.
By Justin Charise, CFP®
Apr 16, 2020Why Might I Reconsider My IRA Beneficiaries Under the SECURE Act?
On December 20th, 2019, President Trump signed into law the Setting Every Community Up for Retirement Enhancement (SECURE) Act. While the SECURE Act includes several tax law changes, one of the most significant changes was the elimination of the stretch IRA. Under the SECURE Act, most non-spousal qualified retirement plan beneficiaries are no longer able […]
By Justin Charise, CFP®
Feb 20, 2020How does the Tax Cuts and Jobs Act affect charitable-giving tax strategies?
The Pease limitation, first enacted in 1991, reduced itemized deductions, including charitable donations, by 3 percent of AGI that exceeds certain thresholds: $313,800 for married couples filing jointly in 2017, for example. The good news for charitable givers is that the Tax Cuts and Jobs Act (TCJA of 2017) repealed this limitation from 2018 through […]
By Justin Charise, CFP®
Mar 26, 2019What are some long-term strategies for meeting short-term liquidity needs?
Unforeseen expenses, taxes and time-sensitive investment opportunities are a few reasons why short-term liquidity needs may exceed cash on hand, but selling assets often creates undesirable implications, including transaction costs, taxable events and/or erosion of future performance. Outlined below are several alternatives for bridging a liquidity gap, many of which do not require liquidating assets. […]
By Justin Charise, CFP®
Sep 19, 2017Which tax-efficient investing strategies should your advisor be considering?
Most financial advisors, myself included, are not tax professionals. There are, however, numerous tax related investment strategies that can help maximize an investor’s after-tax returns. In this article, we’ll look at two of the most commonly used strategies where advisor awareness and prudence may assist in optimizing after-tax returns: tracking capital gains distributions and tax-loss […]