Artemis Financial Advisors LLC

Thinking of selling your vacation home? The tax bill and other costs may surprise you, such as having to pay income taxes on all of the depreciation you may have taken over the years. A big gain can also cause your Medicare premiums to go up and make you eligible for the 4% millionaire’s tax (if the home is in Massachusetts). There are ways to reduce or defer these taxes but it takes some planning. Please get in touch if you would like to learn more. #vacationhome

The essence of private equity lies in its direct investment approach, offering a unique blend of high risk and potentially high reward, distinct from traditional public market investments. Investing in private equity requires a nuanced understanding of the market, thorough due diligence, and a strategic approach to portfolio management. The high entry threshold and long investment horizons make it vital to partner with a knowledgeable advisor who can navigate the complexities and unlock the potential of private equity investing. #privateequity

Upcoming Webinar: Budgeting for high-income families Please join us this Friday, June 14th, from 12pm - 1pm EST for a webinar on budgeting for high-income families. Artemis Partner Mark Haser will provide an in-depth walk-through of Monarch Money, a best-in-class budgeting software, and answer key questions such as: • How can I simplify my budget and get the bigger picture view of my family's spending in less than 10 minutes per month? • How can I budget for large expenses like college education, cars, and family vacations? • How can I easily track and categorize my spending across multiple bank accounts, credits cards, Venmo, Paypal, etc? To register, email Mark Haser ([email protected]).

🚨 Important Announcement for Parents of College-Age Students 🚨 Did you know that when children hit 18, parents lose access to their medical, financial, and academic records? It's a major change that catches many off guard. But with the right legal documents, you can ensure continued support and access for your child in an emergency. Here are four such documents that parents may want to explore after their children turn 18. Durable Power of Attorney – Manage your child’s finances if they are unable to do so. Medical Power of Attorney – Make health care decisions if your child is unable due to injury or illness. HIPAA Waiver – Access medical records and communicate with health care providers.

Check out the 7 key takeaways from our long-term care insurance webinar! #longtermcare https://lnkd.in/g_TuKvCv

As of today, May 28, 2024, the U.S. is transitioning to a T+1 settlement cycle for stock trades and other securities. This change ensures faster, more efficient transaction processing. Trades placed on a business day will settle the next business day. This change aligns us with Mexico and Canada, ensuring consistency across North American markets. #stocktrading

Is the US stock market overvalued? Read our recent market outlook report to get our take on the state of the US stock market and see how we are positioning client portfolios. #marketoutlook https://lnkd.in/ehKJeAhe

Experiencing significant life changes lately? It might be time to give your life insurance policy a second look. Here are some pivotal moments that signal the need for a policy review: ✔️ Just married or went through a divorce. ✔️Welcomed a child into your family. ✔️Embarked on a new career path or launched your own business. ✔️Received a medical diagnosis that may require extensive treatments. ✔️Became a homeowner, investing in your future.

Please join us on April 26th for a webinar about long-term care insurance. Mark Haser will be hosting this discussion along with special guest Bill Wetmore, a Consumer Specialist at LTC Consumer, an independent, online resource to help individuals understand long-term care planning and evaluate the best solution for their long-term care needs. To learn more or register for the event please click the following link: https://lnkd.in/e8MHes7H

Exciting news about Series I Bonds! Through April 2024, the Series I bond's annual yield has been adjusted to 5.27%! This is one of the highest rates since these bonds debuted in 1998. This yield combines a 3.94% variable rate, adjusted biannually for inflation, and a fixed rate of 1.3% obtained at purchase. Why consider I Bonds? Low risk, tax benefits (interest is exempt from state and local taxes), and a way to further diversify your portfolio. A few important notes: 1. Investment is limited to $10K annually, plus up to $5K in paper bonds via tax refunds. 2. Minimum holding period is one year. 3. Early withdrawal before five years incurs a 3-month interest penalty.