StampNotes

Blog, Commentary, And News

Have College-Aged Kids and Family Income Higher than $160,000? These Tax Credits are for You.

By Cary Stamp \ October 18, 2022
Tax-Credits-for-College-Age-Kids

Tax Credits for College-Aged Kids You may be making a mistake if your kids are college-age and you’re not taking advantage of the American Opportunity Tax Credit and Lifetime Learning Credit. In this video, Forbes Best-In-State Wealth Advisor, Cary Stamp, CFP®, provides an overview of these two significant tax credits available to families with more…

READ MORE ⟶

What You Need to Know About the Inflation Reduction Act of 2022

By Cary Stamp \ August 23, 2022
Inflation-Reduction-Act-Cary-Stamp-Commentary

Here’s Cary’s quick summary of key takeaways from the Inflation Reduction Act signed by the president last week, with emphasis on how it may affect you and your family. Recently, the US Congress, House and Senate and Joe Biden signed off on legislation called the Inflation Reduction Act of 2022. The act has a bunch…

READ MORE ⟶

How Long Will it Take to Double Your Investment? The Rule of 72

By Cary Stamp \ August 6, 2022
Double-Your-Money-The-Rule-of-72

The Rule of 72 is a simple arithmetical equation approximating how long to double your investment at an annual rate of return. In this video, Cary Stamp, CFP® and financial analyst Austin Kuyrkendall explain the power of investing your assets over the long term at a higher rate of return, using the Rule of 72.…

READ MORE ⟶

Have You Accumulated a Substantial Amount of Company Stock as an Employee? Here’s How to Make the Most of It!

By Cary Stamp \ July 23, 2022
Cary-Stamp-Net-Unrealized-Appreciation-NUA

Forbes Best-In-State Wealth Advisor, Cary Stamp, CFP® of Jupiter, FL, illustrates the huge tax advantage of using the Net Unrealized Appreciation strategy when distributing your employee-owned stock. TRANSCRIPT: My name is Cary Stamp. I’m a certified financial planner and founder of Cary Stamp & Company. And if you are an employee of a large corporation…

READ MORE ⟶

Learn the One Big Caveat About the Backdoor Roth: the Pro-Rata Rule

By Cary Stamp \ May 20, 2022
Backdoor-roth-pro-rata-rule

Here’s the big question to ask yourself before starting a “backdoor” Roth IRA strategy. Do you already have other IRAs? In this video, Forbes Best-In-State wealth manager Cary Stamp, CFP® explains how the Backdoor Roth Pro-Rata Rule impacts the tax efficiency of the backdoor Roth IRA, and provides the potential solution! TRANSCRIPT: I’m Certified Financial…

READ MORE ⟶

The Fatal Flaw in Investor Psychology During Market Corrections

By Cary Stamp \ May 1, 2022
Investor-Psychology-During-Corrections

We’ve all heard the old stock market adage “Buy Low, Sell High.” But it’s easier said than done. Investor psychology during corrections can play tricks with the mind and this leads many people to sell low and buy high. In this video, Cary Stamp, CFP®, a Forbes Best-In-State Financial Advisor, explains the nature of investor…

READ MORE ⟶

Put Your Values Into Action. Create a Lasting Legacy with Multigenerational Family Philanthropy

By Cary Stamp \ February 4, 2022
Multigenerational-Family-Philanthropy

Forbes Best-In-State Wealth advisor Cary Stamp, CFP®, introduces the concept of multigenerational family philanthropy, outlining the profound benefits of including teen and adult children in philanthropic discussions. VIDEO TRANSCRIPT: Hi, I’m Cary Stamp, I’m a Certified Financial Planner and I’m a Chartered Advisor in Philanthropy, and I’d like to talk today about how you can…

READ MORE ⟶

Turbocharge Long-Term Gifts to Your Kids with a Grantor Retained Annuity Trust (GRAT).

By Cary Stamp \ February 4, 2022
Grantor-Retained-Annuity-Trust

Cary Stamp, Forbes Best-In-State wealth advisor, presents a sophisticated estate planning strategy that produces income for the grantor while tax-efficiently turbocharging gifts to children and other family members. It’s called the Grantor Retained Annuity Trust (GRAT). VIDEO TRANSCRIPT: I’m Cary Stamp, I’m a Certified Financial Planner and an Accredited Estate Planner with Cary Stamp and…

READ MORE ⟶

Would You Give Your House Away? You Might Like To with a Qualified Personal Residence Trust.

By Cary Stamp \ February 2, 2022
Qualified-Personal-Residence-Trust

Forbes Best-In-State wealth advisor Cary Stamp thinks it’s time for you to learn about a sophisticated and little-known estate planning strategy called the Qualified Personal Residence Trust (QPRT). There aren’t many reasons to literally give your house away — in fact this may be the only one! VIDEO TRANSCRIPT: Hi, I’m Cary Stamp, I’m a…

READ MORE ⟶

Donor Advised Funds are Exploding in Popularity in Charitable Giving. Here’s Why!

By Cary Stamp \ February 1, 2022
Donor-Advised-Funds-February-2022

Cary Stamp, CFP® in Jupiter, FL describes the considerable tax and administrative benefits of using a Donor Advised Fund for charitable giving.  Mr. Stamp is a Forbes Best-In-State wealth advisor. VIDEO TRANSCRIPT: I’m Certified Financial Planner, Cary Stamp. I’m also a Chartered Advisor in Philanthropy, and over the last three years, we’ve helped our clients’…

READ MORE ⟶