The Truth About Gamestop, Hedge Funds and Robinhood

Much has been said about market manipulation since the frenzy created by trading in Game Stop. AOC is calling for investigations, the SEC is saying they are looking into it, and some commentators have even said that the brokerage firms who halted trading did so at the request of the Wall Street elite. This is patently false.  […]

Taxes are Going Up, What to Do Now?

If you had asked ten random people on the street two years ago whether tax rates were likely to go up or down…100% would have said up. Before COVID, before Trillions of dollars in relief were handed out, our national debt was growing at an alarming pace. Couple this with the uncertainty of a new administration and […]

How to Disinherit Family

Imagine receiving this letter: RE Policy number AN20067 April 10, 2019 Dear Mrs. Wilson, We have received your death claim for the above referenced policy issued on 12/1/2001 in the amount of $1,000,000. Please accept our deepest condolences for your loss. We regret to inform you that this policy lapsed June 1, 2018 due to nonpayment. Notices for […]

Estate Planning is For the Living

When people hear the term “estate planning” they think of wills/trusts and mortality. While it is true that estate planning provides instructions about the distribution of assets at death, it is much more. Think about it this way: an estate not just the assets of a deceased person but also the assets of a living person. A complete […]

Stretch IRA’s May be Gone Forever

One of the greatest tax and estate planning tools ever allowed by Congress may be gone forever. The “SECURE ACT” passed the house on May 23rd by a vote of 417-3 and is expected to pass the Senate. This new act was largely designed to make 401k and other retirement plans more accessible to small businesses. But as […]

What is a Checkbook IRA?

The term Checkbook IRA which has become a very popular tool refers to an LLC created by an IRA for investing purposes. This relatively new concept has grown out of investors’ desire to self direct their IRA assets from traditional brokerage or bank accounts into hard assets like real estate, metals – even an operating business.   […]

Sample Engagement 1

A client and his wife both had children from a previous marriage.  In addition to creating an estate plan, the client was operating a business with a partner without any type of corporate entity.  The firm was engaged to create a Texas LLC with two members and three managers ( adding a spouse as a […]

Taxes In an IRA

Did you know an IRA may have to pay taxes and file its own tax return?  Did you know an IRA can borrow money? Yes even a Roth may find itself as a tax payer.  Per IRS rules, any gains or income that is attributable to leverage must pay tax on that which was derived […]

Your Bank Account is Frozen – How to De-link Your Future by David Disraeli

If you read that headline would you really be surprised? Imagine waking up one day, logging into your bank account only to find that the site is inaccessible. You call the bank and the lines are busy. You go to the ATM and there is a line of cars. The bank lobby is full of […]

David Disraeli in the News

06-20-2016 12:02 PM CET – Politics, Law & Society Print PDF David Disraeli, President of The Personal CFO in Austin TX Announces a New Partnership with Legal Shield Press release from: The Personal CFO, Inc. The vast majority of consumers do not have access to the legal system. Many times it is cost prohibitive to […]