JJ Burns & Company

10/23/2026

If you’re a parent hoping one day your child(ren) will manage your family wealth, you don’t want them feeling frustrated and unprepared when you need them to step up.

Building the money muscles for good stewardship can start early and grow as your child gets older.

Here’s a suggested map for smart financial habits at each stage of life, to help your kids feel more prepared to handle the inherited estate down the road:

Don't surprise adult kids with a complex estate plan. Prepare them to handle family wealth by teaching them smart financial habits from an early age.

10/20/2026

Is an inheritance protected from divorce?

If someone left something to you, it isn’t presumed that they left it to your spouse.

If the inheritance is considered separate property and isn't commingled with marital assets, it may remain solely yours.

However, if the inheritance was commingled with joint property, it may be subject to division in the event of a divorce or separation.

If you want to help ensure your money stays with you, consider this:

• Don’t add your spouse’s name to any accounts where you may store your inheritance.

• If your inheritance is a piece of property, like a home, keep it exclusively in your name.

• If you sell an inherited property and use it to purchase a newer home, you’ll also need to keep that home in your name.

• Have family members keep assets in trust for you; otherwise, you may owe half to your spouse upon divorce.

• Go to an attorney and draft a new will and create your own estate plan.

• Protect yourself with a pre-nuptial agreement before marriage, or a post-nup after.

Not sure if the money moves you need to make during divorce will keep your inheritance in your pocket? Your JJ Burns advisor has specialized experience to help navigate the financial matters of your divorce plan: https://bit.ly/jjdivorceplanning

(Source: Forbes)

10/19/2026

A large inheritance can be both a boon and a burden.

The money could be life-changing, but also impose a certain responsibility to use it wisely and not simply squander it.

If you inherit a large amount of money, take your time deciding what to do with it.

When you're ready to sit down with a trusted financial advisor to formulate an investing plan, have a chat with JJ Burns & Co: https://bit.ly/jjinvestments

(Source: Investopedia)

10/16/2026

Taxes likely aren't your favorite topic (unless you're a CPA).

But if you think about your taxes *before* January, you may be able to make big cuts to your next tax bill.

Hop on these year-end tax planning tips now and thank yourself later.

We're also approaching the giving season, so if charitable giving is on your to-do list, have a chat with a JJ Burns advisor to help your gift do the most good + give the best tax benefit: https://bit.ly/jjburnsfinancialplanning

(Source: Bankrate)

10/15/2026

Entrepreneurs: tracking expenses in order to deduct them from your income is crucial.

Some are obvious, but there are a few often-overlooked tax breaks that may help lower your tax liability and save $$$.

(Source: Investopedia)

10/14/2026

Four tax-planning mistakes that may cost your business big bucks:

🔸 Waiting too long to track expenses.

🔸 Not speaking with a tax professional year-round.

🔸 Not understanding the difference between tax compliance and tax planning.

🔸 Not preparing before meeting with a tax planner.

Here's how you can remedy them:

🔹 If you spend time on your taxes throughout the entire year, tracking your business income and expenses, it can help set you up for success to maximize your eligible deductions.

🔹 Business owners may get stuck in analysis paralysis – preventing them from completing their taxes or bookkeeping. Speak with your tax professional on a regular basis regarding compliance and accounting.

🔹 Tax compliance season (Jan-Apr) is where tax professionals gather data so they can prepare your return strictly for tax compliance. Tax planning involves creating unique strategies to help you save money on taxes and legally leverage the tax codes.

🔹 Before meeting with your tax professional, compile a list of questions about state requirements, tax law definitions, retirement planning, and the best way to make big purchases for tax purposes.

In addition to having a trusted tax professional, don't forget to add a financial advisor to your team.

The advisors at JJ Burns & Co. are experts at business planning and use a variety of sophisticated strategies to help you minimize taxes – analyzing everything from the way your business is set up to your exit strategy: https://bit.ly/jjbusinessplanning

(Source: Forbes)

10/13/2026

Taxes play an important role in funding the public services and resources that help our communities thrive.

While paying taxes is part of a functioning society, thoughtful tax planning can help you take advantage of legal strategies to help reduce your tax liability and keep more of what you’ve earned.

If you're looking for some advanced investment strategies to help lower your tax burden and create a more tax-efficient plan, schedule a chat with one of our expert advisors: https://bit.ly/chatwithjjburns

(Source: NerdWallet)

10/12/2026

Please join us in welcoming Long Island native Nina Skozlas to the JJ Burns & Co. family!

As a Client Service Associate, she helps to keep information organized and accurate, prepares client meetings, and works closely with our advisors and planners behind the scenes.

We’re so happy to have you, Nina!

Get to know our newest team member: https://jjburns.com/get-to-know-us/team-member/nina-skozlas/

10/09/2026

A second marriage can give two people in love a wonderful fresh start. But it can also present complex financial challenges, especially for couples blending families and assets.

That’s why it’s important to address these issues early – preferably before walking down the aisle – to help you create a secure future you both feel good about.

Our blog by JJ Burns, CFP® outlines five steps that can help clear the path:

A second marriage can give two people in love a wonderful fresh start. But it can also present complex financial challenges, especially for couples blending families and assets. That’s why it’s important to address these issues early, preferably before walking down the aisle, to help you create ...

10/08/2026

Often, financial planning revolves around “having a family”, but families come in all shapes and sizes – and they don’t necessarily include children.

No matter what your family looks like, the expert advisors at JJ Burns are ready to help you achieve your financial dreams: https://bit.ly/jjburnsfinancialplanning

(Source: Kiplinger)