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Banking & Finance

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Planning for giving to heirs can involve nuance

Some devices have more tax liability than others
November 7, 2024
Beau Ruff

In his latest column, wealth planner Beau Ruff explains potential tax implications related to gifts.


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Businesses shift strategies to give to disaster relief

Emergency events provoke change in aid and support
October 24, 2024
Karina Elias

With the increased number of natural disasters and emergency events occurring in recent years, businesses have evolved in how they respond and provide support. 


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Michael Maehl

Several financial vehicles facilitate charitable gifts

Some have tax benefits; others preserve income
October 24, 2024
Michael Maehl

Retirement income specialist Michael Maehl describes some of the most common financial vehicles for charitable giving.


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Tithing through a will can be overly complicated

Defining gift as lump sum rather than percentage is simpler to execute
October 24, 2024
Beau Ruff

Tithing a certain percentage of an estate rather than giving a defined sum adds to complexities the executor of a will must perform.


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Numerica plans first Sandpoint-area branch

New location expected to open in fall of 2025
September 26, 2024
Journal of Business Staff

Numerica Credit Union plans to enter the Sandpoint-area market with a new retail branch next year. 


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Quantum Financial relocates in North Bank neighborhood

Wealth management firm acquired office building last summer
September 26, 2024
Dylan Harris

Spokane-based Quantum Financial Planning Inc. will begin operating at its recently acquired office building, at 720 W. Boone, next week.


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Five Takeaways: Spokane's Entrepreneurial Ecosystem

with Skye Henderson, VP of venture investments at Cowles Ventures
September 26, 2024
Linn Parish

The Journal of Business hosted Skye Henderson, vice president of venture investments for Cowles Ventures, for its most recent Elevating The Conversation podcast.


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Some seniors face capital gains tax on home sale

Mitigating such liability often requires strategy
September 26, 2024
Beau Ruff

For some seniors, navigating the federal capital gains tax on the sale of their primary residence can be complex.


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Gen X is largely unprepared for retirement

Spokane financial advisers offer strategies to catch up
September 26, 2024
Karina Elias

Gen X has been named the alpha tester for the 401(k) retirement savings plan, and most are behind on saving for their retirement. We spoke to Spokane financial advisers about some of the strategies Gen Xers can take on to accumulate wealth. 


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Preretirees have bleak expectations for road ahead

Advisers say perceived pessimism can impact savings gains
September 26, 2024
Erica Bullock

Preretirees envision themselves lacking enough retirement income to live in comfort once they leave the workforce, but some financial advisers suggest that a pessimistic retirement outlook can become a self-fulfilling prophecy.


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