CRESPO CAPITAL

Our main focus is on helping small biz owners, medical pros, & high-net-worth individuals achieve their financial goals through customized wealth mgmt services.

[CRESPO CAPITAL @Crespo_Capital]

You’re not building wealth just for yourself.
You’re building:
• Options for your kids
• Freedom for your partner
• Stability for your aging parents
Financial planning = love in action. ❤️📊

[CRESPO CAPITAL @Crespo_Capital]

Net worth is not a flex.
It’s a responsibility.
A scoreboard of decisions.
A reflection of how well you’ve prioritized the long-term over the loud.
Real wealth is quiet. 🤫📉📈

[CRESPO CAPITAL @Crespo_Capital]

The biggest upgrade isn't a new car or watch.
It's sleeping peacefully knowing:
✅ You’re insured
✅ Your family’s protected
✅ Your money works harder than you do
That’s wealth. That’s peace. 🧘‍♂️💵

[CRESPO CAPITAL @Crespo_Capital]

88% of millionaires didn’t inherit a dime.

They mastered 3 things:
1. "Cash flow > Flexing"
2. "Investing early"
3. "Avoiding lifestyle creep"
Wealth isn’t magic. It’s math. 💼📈

[CRESPO CAPITAL @Crespo_Capital]

7/ 🌟 Age of Majority: When the minor reaches the age of majority (usually 18 or 21, depending on the state), they gain full control over the account and its assets. #AgeOfMajority #FinancialControl
This thread is for educational purposes only and does not constitute financial or legal advice. Please consult a financial advisor or legal professional for personalized advice regarding UTMA accounts or any other financial matters.

[CRESPO CAPITAL @Crespo_Capital]

Smart Savings: UTMA Rules Every Parent Should Know
1/ 🌟 Looking to save for your child's future? UTMA (Uniform Transfers to Minors Act) accounts can be a great option! Let's explore the key rules and regulations. #FinancialPlanning #UTMA

[CRESPO CAPITAL @Crespo_Capital]

6/ 🧾 Tax Implications: Income generated by the assets is taxed at the minor's rate, which is often lower. However, the "kiddie tax" may apply, taxing unearned income over a certain amount at the parent's rate. #Taxes

[CRESPO CAPITAL @Crespo_Capital]

@T_Gatzemeier Why not recommend a UTMA? Taxes are taxed at the child’s rate up to $2,500 of unearned income, with the first $1,500 tax-free, providing flexibility for various expenses.

[CRESPO CAPITAL @Crespo_Capital]

14/ If you suspect or become a victim of identity theft, don't navigate this stressful situation alone. Call your financial advisor immediately. We're here to help you through every step of the process, ensuring your financial security and peace of mind.

[CRESPO CAPITAL @Crespo_Capital]

What to Do If You're a Victim of Identity Theft
1/ You think it will never happen to you, but one of our clients recently became a victim of identity theft. It's a growing issue, and everyone needs to be prepared. Here’s what you should do if it happens to you:

[CRESPO CAPITAL @Crespo_Capital]

13/ Finally, stay vigilant. Regularly monitor your credit reports and financial statements. Early detection is key to minimizing damage from identity theft.