Published 8 days ago • loading... • Updated 7 days ago

2025 Year-End Financial Checklist: Strategies For Wealthy Investors

A 13‑item year‑end planning checklist urges high‑net‑worth families to complete moves before December 31, 2025, to preserve wealth and minimize taxes, Morningstar editors advise.
With rule changes arriving in 2026, the lifetime exemption amount rises to $15 million and the 0.5% of AGI charitable threshold prompts some taxpayers to front-load gifts in 2025.
Use Qualified Charitable Distributions to give up to $108,000 per individual or $216,000 per married couple, and consider donor‑advised funds to deposit appreciated securities with immediate deductions.
Missing required distributions risks a penalty, so eligible account holders must take Required Minimum Distributions before year-end while trustees can use the 65-day rule and FSA holders should spend balances by December 31, 2025.
Review beneficiary designations because they supersede wills and assets passed at death receive a step‑up in basis, creating tradeoffs with lifetime gifting for heirs and beneficiaries.

Insights by Ground AI

23 Articles

Sun-Sentinel

+21 Reposted by 21 other sources

Center

5 Financial to-dos before the end of 2025

MARGARET GILES and CHRISTINE BENZ of Morningstar As 2025 winds down, here are some moves to help you finish the year strong financially. Morningstar’s director of personal finance and retirement planning, Christine Benz, discusses strategies. This interview has been edited for length and clarity. Benefits of Rebalancing Your Portfolio Q: What are the benefits of portfolio rebalancing, and who most needs to do it? A: The main benefit of rebalanci…

7 days ago·Deerfield Beach, United States

Read Full Article