Wright Ford Young & Co.

09/01/2026

Year-end giving should be intentional. Structuring contributions effectively can maximize both charitable impact and tax benefits.

Have you explored ways to maximize the tax benefits of your charitable contributions before year-end?

Note: Everyone’s financial situation is different. Contact a WFY advisor to discuss your financial plan.

09/01/2026

Estate planning can be a neglected part of financial planning. It's easy to delay answering uncomfortable questions such as "What happens to my assets and my loved ones when I die?" So it's no surprise that roughly half of Americans don't have a will, and even fewer have an estate plan.

How many of us could benefit from a more sophisticated estate plan?

Do you need an estate plan? Among the key issues to consider are children, the size of your estate, and privacy. Fidelity Viewpoints Key takeaways Anyone can benefit from having a basic estate plan including a will, financial durable power of attorney, and health care proxy. You may or may not need....

08/31/2026

Educational Tax Credits and Deductions You Can Claim for Tax Year 2026

Several tax breaks can help you cover the high costs of education, future college expenses and interest you pay on student loans.

https://money.usnews.com/money/personal-finance/articles/a-guide-to-educational-tax-credits-and-deductions

Several tax breaks can help you cover the high costs of education, future college expenses and interest you pay on student loans.

08/31/2026

Happy Labor Day from WFY!

Today, we recognize and celebrate the dedication, hard work, and contributions of the professionals who help businesses, communities, and organizations thrive every day. Wishing everyone a safe and relaxing holiday.

08/28/2026

For nearly a decade, estate planners have been telling wealthy families the same story: The Tax Cuts and Jobs Act had temporarily doubled the federal estate tax exemption, but that provision was set to expire at the end of 2025. In July 2025, Congress passed legislation (Public Law 119-21) that permanently eliminated the scheduled sunset.

Many high-net-worth families have concluded that estate tax planning is no longer urgent, or no longer relevant to them at all. For most, that's true at the federal level. But it overlooks something the federal law never touched.

Here's the difference between an exemption and an exposure.

If your estate plan was built entirely around the sunset that didn't happen, now is the moment to do it—while there's no deadline pressuring you into a rushed decision either way.

08/27/2026

When siblings inherit a home together, they often have to decide whether to sell, rent or keep it while covering taxes, insurance, maintenance and repairs.

For many families, the home is the largest asset in an estate and often carries the greatest emotional weight, according to financial advisors. Without clear instructions, enough cash and honest conversations, heirs can inherit difficult decisions and unexpected bills along with the memories.

Siblings inheriting a home can face difficult choices over selling, renting or keeping the property.

08/27/2026

How Grandparents Can Give Financial Gifts to Their Grandkids

If you have grandchildren, you probably enjoy being involved in the little ones' lives. Assuming you're in a position to help out your grandchildren and their parents financially, there are many ways to do so. You may want to give cash gifts, help save for college or name your grandchildren as insurance beneficiaries. Here are some ideas.

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It's no secret that parents of young children have a lot of expenses from nursery furniture and clothes to childcare costs. Parents of older children

08/26/2026

Recent IRS guidance sunsets the original Opportunity Zone program two years early, a surprise move forcing investors to reassess projects and meet new year-end planning deadlines.

https://tax.thomsonreuters.com/news/investors-can-prepare-now-for-opportunity-zone-2-0-launch-expert-says/

Recent IRS guidance sunsets the original Opportunity Zone program two years early, a surprise move forcing investors to reassess projects and meet new year-end planning deadlines, according to tax expert James Montague.

08/25/2026

Reviewing your portfolio before year-end allows for strategic gain realization or loss harvesting to improve overall tax efficiency.

Could a year-end portfolio review help you uncover opportunities to reduce your tax liability?

Note: Everyone’s financial situation is different. Contact a WFY advisor to discuss your financial plan.

08/25/2026

The most notable tax law developments of the past month.

The most notable tax law developments of the past month.