Connections, December 2017

Mesirow Wealth Advisors understands the challenges and pressures that individuals face when trying to manage their personal wealth, throughout the many stages and events of a lifetime. Our wealth advisors and wealth specialists have written these timely, relevant insights with you in mind. We hope you enjoy this edition and we welcome any and all feedback.

Delay Taxes on Appreciated Investment Property or Business Assets

Many of our clients own business assets or personal property that have appreciated in value and struggle with ways to sell these assets without triggering immediate capital gains taxes. The good news is, there is a way to defer these taxes by using a 1031 Exchange. Read more

Mesirow Retirement Series

It is estimated that 10,000 baby boomers turn age 65 every day, and most of them are having active conversations around what it means to transition from a career to retirement. Today’s changing view of retirement includes a true understanding of how finances are impacted, how you will define yourself once no longer in your career, and how to continue with meaningful social engagement following retirement. 

In this first of a series of articles focused on retirement, here are a few steps you can consider prior to beginning that transition. Read More
Rest assured that we are continuing to watch and evaluate how any potential tax changes may impact your planning strategies, and will keep you informed as we learn more. 

Our Advisors in the Community

Career Café

In October, Mesirow Wealth Advisors’ Brian Shevitz, Bill Maniscalco, and Kirke Cushing – along with other Mesirow Financial volunteers – met with students from Kelly High School to discuss career goals, college plans, and how to navigate their futures. Through our partnership with the United Way of Metropolitan Chicago, we connect regularly with students in Brighton Park, and are always impressed with their work ethic and drive.

Happy Thanksgiving

Mesirow Financial is proud to have contributed 60 Thanksgiving meals and $60 grocery gift cards to families in the Brighton Park neighborhood this year. This neighborhood faces challenges with 15% unemployment and a median household income of $35,000. Employees donated food items and/or cash to help with our Thanksgiving support for this partner community.

This video shares insights from one of the mentors in the Brighton Park Neighborhood Parent Mentors Program.