What is it? Your domicile is the state where you maintain your legal residence. Domicile is determined by intent, rather than by the length of time you spend in a state. You may establish a state as your domicile the first moment you occupy property there, provided your intent is to return there if … [Read more...]
Windward Tax Bulletin: Choosing Your State of Domicile
Windward Passages: Understanding Risk
Few terms in personal finance are as important, or used as frequently, as "risk." Nevertheless, few terms are as imprecisely defined. Generally, when financial advisors or the media talk about investment risk, their focus is on the historical price volatility of the asset or investment under … [Read more...]
Windward Community: Waterside fun in the Kansas City Metro
With summer here, Windward can’t help but think about life on the water and boats. Whether it’s sailing, fishing, swimming, or beach lounging, we love all things water-related and look forward to summer every year. If you need a break from the stock market and financial planning, here are a few of … [Read more...]
Windward Tax Bulletin: Converting IRAs to Roth IRAs
Roth IRA Conversions With the lure of tax-free distributions, Roth IRAs are popular retirement savings vehicles. One way to fund a Roth IRA is to convert some or all of your IRA or retirement plan money to a Roth IRA. Roth IRAs — background There are three ways to fund a Roth IRA — you can … [Read more...]
Windward Community: Linden Square
Looking for some free summer fun in the Kansas City area? Located in the heart of Gladstone, Missouri, just 10 minutes outside of downtown Kansas City is Linden Square. It’s an outdoor event space that comes alive with local art, movies, music, food, and more. Almost weekly, there is something … [Read more...]