Jason Rotman: Financial Advisor

04/15/2024

03/27/2024

I was talking with my 8 year old son last night, and he engaged me in a game that went something like this:

"Dad, what is 1,000 times 10?" Then, I said: 10,000.

Then he said, what is "10,000 times 10"? I said: 100,000.

And so on...until I couldn't say the answer anymore without looking it up! I got up to the nonillions! I couldn't immediately recall what comes after nonillion.

Not only was it an incredibly fun game to play with him, especially getting past the sextillions (added some extra fun for him to hear me say sextillion), but it also truly re-oriented my perspective of a couple things:

1) This may be a typical financial advisor-type conclusion (which makes sense because I am a financial advisor), but it really did make me think about how inflation has affected what we all think is a "big" number. 1,000,000 is certainly not what it used to be! Will we be saying the same thing about 1 nonillion anytime in the future? Sounds crazy to say now, but let's look at the trends.

And 2) Just from an abundance mentality perspective, thinking about numbers in the septillions and the nonillions just further stimulated my mind to think bigger along the lines of this idea: The only limits we have are the ones we place on ourselves.

To the nonillions and beyond!

Thanks for playing that game with me, Solomon.

And, if I had to choose between a nonillion dollars and spending time with you, I'd choose you.

03/25/2024

Sugar high or sustainable move?

The rally in cocoa is one of the most extreme commodities moves I have seen in a while.

🍫🖥️ Who knew chocolate and GPUs were all you needed in your portfolio (said facetiously - not advice).

03/21/2024

The intelligent use of debt is how many fortunes are created.

The unintelligent use of debt is how many fortunes are lost.

03/14/2024

✍️ You have great revenues, but do you have a buy-sell agreement?

As you pursue growth strategies for your business, implementing risk management tools like buy-sell agreements is crucial, especially for closely held multi-owner companies.

A buy-sell agreement legally outlines terms for buying out an owner's interest upon events like death, disability or departure.

This safeguards ownership continuity, prevents external transfers, resolves valuation disputes, and provides a smooth transition process.

Funding the agreement via life insurance offers key advantages:

▶️ Immediate resources from policy proceeds to execute buyouts.

▶️ Non-taxed proceeds when structured properly.

▶️ Cost-efficiency compared to cash reserves or loans.

▶️ Predictable funding costs.

If you are a business owner, contact me to inquire.

03/12/2024

One of the best provisions in the IRC...Qualified Small Business Stock (QSBS).

Rolling proceeds from a QSBS sale into a new tax-advantaged asset? Makes a good thing even better.

03/11/2024

Dear Friend,

In the pursuit of prosperity, many stakes are ventured - yet many fortunes squandered by failing to safeguard that which fuels the prosperous life.

Markets ebb and surge, company values inflate and deflate with the whims of economic tides.

But through this unrelenting churn, one resounding human constant endures: the yearning to provide sanctuary for those we love most dearly.

➡️ How much of your family's future have you insulated from hazardous happenstance?

The path forward is cleared when those you cherish are ever-watched over.

Contact me to discuss customized protection strategies for your family.

03/06/2024

My mission to enrich and protect families across the USA.

I bring the same dedication and expertise to clients:

➡️Purchasing a 20 year $1M term policy for short-term income protection and debt coverage.

➡️Purchasing an $80M permanent policy for generational wealth preservation.

➡️Just starting out on their financial planning journey and have initial questions.

Enrich and Protect.

Contact to me start a conversation about enriching and protecting your family for today...and tomorrow.

03/05/2024

Want to protect your legacy across generations? A dynasty trust could be the answer.

Imagine: You leave a lasting legacy, ensuring your wealth benefits your children, grandchildren, and even future generations, minimizing taxes along the way.

Dynasty trusts:

🖊️ Can help protect trust assets from future estate and gift taxes.

🖊️ Provide flexibility in how your wealth is distributed.

🖊️ Offer a truly long-term planning vehicle for your family's future.

Furthermore, several states have taken steps to allow for perpetual dynasty trusts, meaning they can theoretically last for centuries by either by abolishing the Rule Against Perpetuities (RAP) entirely or significantly modifying it.

Here's a breakdown:

States with abolished RAP:

Alaska
Delaware
Florida
Rhode Island
South Dakota

States with modified RAP allowing long trust durations:

Hawaii
Idaho
Illinois
Kentucky
Maine
Maryland
Michigan
Missouri
Nebraska
New Hampshire
New Jersey
North Carolina
Ohio
Pennsylvania
Virginia
Wisconsin
Wyoming (1,000 year limit)

Creating a long-term wealth plan for you and your family, especially when it involves planning with trusts, requires a team of professionals - financial advisor, estate planning attorney, CPA, and potentially more. Contact me with any questions.

03/04/2024

Here is a prediction:

I predict that one of the most valuable things a person in the USA can own going forward is a "locked-in" monthly cost of housing for as long as possible.

Even if you are a new home buyer today, you can always refinance to a lower mortgage rate in the future.

If you are a renter, I do not foresee rent prices coming down significantly in the near, medium, or even long term future.

One idea would be, if you are a renter, to try to negotiate the longest lease possible for yourself, with some reasonable wiggle room to exit the lease if you are in the position to buy your home in the future.

I think the Fed will lower rates at least once in the next 12 months, and this could set off the next substantial move higher in housing prices.