Muñoz Wealth Management of Raymond James

This North Texas Giving Day, I’m thrilled to support The Concilio, an organization close to my heart that empowers Latino families in North Texas with vital resources in wealth, health, & education. Your support can transform lives! Help me reach my goal of 20 donations – every dollar makes a huge difference.

Together, we can create lasting change and make a real impact. Donate here: https://www.northtexasgivingday.org/story/Dcsdyf 💙❤️

Communities Foundation of Texas

Communities Foundation of Texas | North Texas Giving Day North Texas Giving Day is the largest one-day giving event in the country. Donate from September 1 - 19!

Gain key insights into the market-moving headlines of the day in CIO Larry Adam's daily publication, Up & Adam.

Up & Adam: Daily market insights: September 4, 2024 amazonaws.com

August brought a bit of whiplash for investors. The market fell early in the month, but rallied after Fed Chair Powell's Jackson Hole statement indicating interest rate cuts are imminent. Read more in my monthly market update.

www.raymondjamesconnect.com

🎉 Countdown Alert! 🎉 Just one month until North Texas Giving Day! Get ready to make a huge impact by supporting The Concilio, a powerhouse nonprofit in dedicated to uplifting the Latino community with their top-notch programs.

🗓️ Mark your calendars for September 19! Your generosity on this special day will help The Concilio celebrate and empower countless families who have thrived thanks to their incredible initiatives. Together, we can create a brighter future and inspire our entire community!

📣 Spread the word and gear up to make a difference. Every single donation matters!

🌟 Learn more about The Concilio: www.theconcilio.org/ntxgd

Communities Foundation of Texas

Demographic trends pose challenges for Social Security, and its reserves are projected to deplete by 2035. Without intervention, future retirees may face reduced benefits by an estimated 23%. Learn more about Congress's potential solutions.

Social Security's uncertain future? raymondjames.com

🌟 Join Us for the 19th Annual Noche de Esperanza! 🌟

As a proud supporter of St. Jude Children’s Research Hospital, I am excited to invite you to this year’s Noche de Esperanza. At St. Jude, families never receive a bill for treatment, travel, housing, or food—so they can focus on helping their child live. Since opening in 1962, St. Jude has helped push the overall childhood cancer survival rate from 20% to more than 80%. But our mission doesn’t stop there. In many countries, only 1 out of 5 children diagnosed with cancer will survive. St. Jude won’t stop until no child dies from cancer, no matter where they live.

Support our mission and be part of this incredible journey!

🔗 stjude.org/nightofhope 🔗 stjude.org/nochedeesperanza

St. Jude Children's Research Hospital
St. Jude Children’s Research Hospital – Texas

Passionate about being a force for good in your community through giving? Starting a corporate donor advised fund can give you an easier way to make a greater impact and offers immediate tax benefits. Learn how such a strategy can benefit your company.

Enhance your corporate giving strategy with a donor advised fund raymondjames.com

While election news dominated July's headlines, small-cap stocks had their best monthly performance relative to large-cap stocks since December 2000.

Small-cap stocks bolstered by possibility of interest rate cuts raymondjames.com

🌟 Crafting a Retirement That Evolves with You 🌟

High-net-worth individuals can make the most of retirement by exploring new ways of investing and preparing for the unexpected. Here are some tips to ensure you're making the most of your retirement:

Explore Investment Alternatives: Reassess your investments to align with your changing needs. Consider alternative investment strategies to diversify your portfolio and manage tax liabilities.

Update Estate Documents: Regularly review your estate planning documents to ensure they remain relevant. Update them if you've experienced major life changes or if new laws and tax codes necessitate adjustments.

Plan for the Unexpected: Create a specific funding plan for long-term care and review your insurance needs. Consider options like long-term care insurance, life insurance with a long-term care rider, or umbrella insurance for extra liability coverage.

Communicate Your Wishes to Family: Discuss your financial plans and goals with your loved ones to ensure your wishes are carried out. Share the story of how your family has built its wealth to inspire the next generation.

Stay savvy and work with your advisor to explore your best options for a fulfilling retirement! 💼💡

Crafting a retirement that evolves with you raymondjames.com

The tax space for retirees might look a little different than you think. To maximize efficiency and prepare for the transition, it's important to consider the tax implications of your particular situation with the following in mind:

Tailor your taxes for retirement raymondjames.com

Let freedom ring! Let us appreciate the liberty we have and honor those who protect it. We hope you have a wonderful Independence Day!

Much like the upcoming Olympic Games, the market has had its share of recent surprises. In the latest edition of Investment Strategy Quarterly, discover why it's important to go beyond the spotlight to find value in diverse market areas.

July 2024 Investment Strategy Quarterly www.raymondjames.com

June saw the first significant pullback and possibly the end of AI stocks' rocket-like growth. If they slow down, will the whole market decline or will the laggards get enough action to keep the index relatively flat? Read more in my monthly market recap.

Mega-cap tech stocks continue to lead the way raymondjames.com

When it comes to the war for talent, benefits play a key role. Find out how to update your benefits package and make sure it's tracking with employee needs and desires.

Offer your employees a competitive benefits package www.raymondjames.com

For those who want to add control, confidence and continuity to their retirement and estate plans, setting up a trusteed IRA may be beneficial. Learn more:

Trusteed IRA: Where retirement and estate planning meet www.raymondjames.com

In one of the more consequential and highly anticipated days in recent memory with both a FOMC meeting and CPI reading, the S&P 500 pushed to new highs as inflation was "softer-than-expected". Read more in the Weekly Market Guide.

Weekly Market Guide: June 12, 2024 www.raymondjames.com

High-net-worth individuals and families who benefit from the historically high federal estate and gift tax exemption may soon see it reduced by half. Read why now may be a good time to review your estate and gifting plans.

Will the sun set on generous estate and gift tax exemptions in 2026? www.raymondjames.com

All three U.S. equity indexes hit new highs in May, with 10 of 11 sectors showing growth. Read the monthly market recap for more insights.

May's record-breaking market performance elicits optimism www.raymondjames.com

🇺🇸 Remembering Our Heroes: A Tribute to Memorial Day 🇺🇸

Every year, as the sun rises on Memorial Day, Americans across the nation pause to reflect. It's more than just a long weekend or an opportunity to snag a good deal at the store. Memorial Day is a solemn occasion—a day to honor the fallen soldiers who made the ultimate sacrifice for our country.

🌟 The True Meaning of Memorial Day

Let's be clear: Memorial Day isn't about sales or barbecues. It's not about discounts on mattresses or cars. It's about something far more profound. It's about paying homage to the brave men and women who gave their lives while serving in the armed forces. These heroes fought for our freedoms, our way of life, and the values we hold dear.

🙏 A Sacred Day of Remembrance

Memorial Day isn't just another day off work. It's not a casual holiday. It's a sacred day—a moment to remember, honor, and cherish. As citizens, we come together to say thank you—to express our gratitude to those who made the ultimate sacrifice. Their courage, dedication, and selflessness deserve our unwavering respect.

🌺 In Remembrance

For those of us who lost friends, comrades, and loved ones along the way, Memorial Day carries a weight that words can't fully capture. It's a chance to remember their smiles, their laughter, and their unwavering commitment. It's an opportunity to honor their legacy and ensure that their sacrifice is never forgotten.

🗽 Freedom Isn't Free

As the flags flutter in the breeze and the bugle plays "Taps," let's pause. Let's remember that freedom isn't free. It comes at a cost—one that our fallen heroes paid willingly. Their names may not be etched in history books, but they live on in our hearts, in the stories we share, and in the very fabric of our nation.

🙌 Gratitude and Reflection

So, this Memorial Day, as you enjoy time with family and friends, take a moment. Reflect on the significance of this special day. Thank the fallen soldiers and their families. Let their sacrifice remind us that freedom is precious, and it's our duty to protect it.

🇺🇸 God bless America, and may our heroes rest in eternal peace.

Want your children to learn life skills that will make them confident, resilient adults? You can teach them about business early. Here are four ways:

Four ways to teach your kids about business www.raymondjames.com

🌟 FOSTER FINANCIAL LITERACY AND FAMILY VALUES 🌟

Preparing heirs for wealth inheritance is about more than just financial assets—it's about passing down enduring values and principles. Timing discussions around money while clearly communicating your financial values with heirs can be delicate. Questions like, 'How do I convey that this is about legacy, not just money?' and 'Do my heirs understand the importance of charitable giving?' are common concerns.

We've compiled insights to help you build a solid foundation for your family's values long before any wealth transfer occurs. Start by opening lines of communication. While discussing inheritance can be uncomfortable, addressing these topics is crucial. Holding group sessions with heirs can align everyone and set expectations. Additionally, individual meetings with each heir allow for personalized discussions about their role in the estate process. Introducing family members to your advisor can provide a neutral ground for discussions and foster trust.

Involvement and guidance are essential components. Initiate discussions tailored to your heirs' maturity levels and financial literacy. For younger heirs, teach basic money management skills early on, like spending, saving, and sharing. As they mature, share more details about the story of your wealth and the values that guided your success. Encourage involvement in philanthropic endeavors to instill a sense of responsibility and stewardship.

Passing down values alongside wealth ensures your legacy endures. By instilling financial literacy, philanthropy, and a strong work ethic, you set your heirs up for success as responsible stewards of your wealth. Open communication, clear expectations, and opportunities for learning are key. Consult with your advisor to set your intergenerational wealth plan in motion and ensure your family's values are carried forward for generations to come. Dive deeper into our guide here: https://www.raymondjames.com/munozwealth/your-resources/2024/05/01/foster-financial-literacy-and-family-values

Foster financial literacy and family values www.raymondjames.com

Franchise owners, take note! Succession planning is key to ensuring the longevity of your business for generations to come. In the U.S., over 90% of businesses are family-owned, yet only 30% survive beyond the original owner's retirement. Learn why a clear succession plan is crucial and how to implement one effectively in this insightful article. Start the conversation with your family today and pave the way for a seamless transition. Check out the full details here: https://www.raymondjames.com/munozwealth/your-resources/2024/05/09/keep-it-in-the-family-succession-planning-for-franchise-owners

Keep it in the family: succession planning for franchise owners www.raymondjames.com

Franchise owners, take note! Succession planning is key to ensuring the longevity of your business for generations to come. In the U.S., over 90% of businesses are family-owned, yet only 30% survive beyond the original owner's retirement. Learn why a clear succession plan is crucial and how to implement one effectively in this insightful article. Start the conversation with your family today and pave the way for a seamless transition. Check out the full details here: https://www.raymondjames.com/munozwealth/your-resources/2024/05/09/keep-it-in-the-family-succession-planning-for-franchise-owners

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Keep it in the family: succession planning for franchise owners www.raymondjames.com

In April, the S&P 500 experienced its first 5% pullback since October 2023, but the long-term outlook remains positive. Read more in the April market recap.

April sees Federal Reserve rate cut expectations dampen www.raymondjames.com

🏠 Considering buying a home but hesitant about a hefty down payment? Enter the world of Pledged-Securities Mortgages (PSM)! 📈

In today's real estate market, a 20% down payment can be daunting. But what if you could leverage your investment portfolio instead? With a PSM, savvy investors can secure a mortgage without dipping into their cash reserves. 💼💰

Here's how it works: Instead of a cash down payment, assets like stocks, bonds, or mutual funds serve as collateral alongside the property. This not only offers flexibility but can lead to both short- and long-term savings. Plus, no need for private mortgage insurance! 🚫💰

Benefits:
✅ No down payment required
✅ Flexible loan terms
✅ Avoid large cash outlays
✅ No need for PMI
✅ Maintain long-term investment strategy
✅ Avoid capital gains tax
✅ Support family without outright gifting

However, there are considerations:
❌ Value fluctuations may require additional funds
❌ Limited trading abilities for certain assets
❌ Interest on full home price
❌ Default risks on both home and assets

Ideal for high-income borrowers, PSMs offer a strategic alternative to traditional down payments. Just remember, due diligence is key, especially when helping family members secure mortgages. 🤝

Let us know if we can help!

The pledged-securities mortgage explained www.raymondjames.com

🛡️ Protect Your Legacy: Safeguard Assets from a Beneficiary's Divorce 🛡️

Don't let your hard-earned wealth fall into unintended hands! Smart estate planning is about more than just passing down assets; it's about protecting them. Here's how:

1️⃣ Craft Clear Trust Documents:
Enlist an estate planning attorney to ensure your trust documents include language that shields your beneficiaries from potential divorce claims. Be explicit about who can and cannot access the trust assets.

2️⃣ Consider Structure:
Choose the right state for your trust. States like Alaska, Nevada, South Dakota, and Tennessee offer better asset protection from divorce claims. Tailor your trust's structure to allow for adjustments if a beneficiary's marriage hits rough waters.

3️⃣ Explore Irrevocable Trusts:
Create irrevocable trusts for specific beneficiaries to secure their inheritance. Once established, these trusts are permanent and can't be altered, ensuring your assets stay protected.

4️⃣ Consult Professionals:
Don't navigate this alone. Work closely with estate and possibly divorce attorneys to craft a plan that safeguards your wealth and intentions.

Your legacy deserves protection. Start planning today to ensure your assets remain in the right hands. 💼💔

Help safeguard your assets from a beneficiary's divorce www.raymondjames.com

🌟 Time to Rethink Retirement! 🌟

When's the perfect time to retire? Age matters, but it's more about readiness than numbers. Retirement is your chance to savor life's pleasures, whether it's traveling, picking up a new hobby, or simply relishing time with loved ones.

🔍 Financial Prep: Consulting a financial advisor is key. Understand your income sources, evaluate your lifestyle goals, and tailor your savings plan accordingly.

💡 Emotional Readiness: Leaving work can be daunting emotionally. Assess how you'll find fulfillment post-retirement. What activities will give you purpose and joy?

🚀 Find Purpose: Retirement isn't a halt; it's a fresh start! Embrace new interests, take risks, and make a difference. Focus on what truly matters to create a fulfilling retirement.

🏥 Health is Wealth: Prioritize your well-being. Stay active, eat well, and nurture your mental health. Early retirement? It's an opportunity to invest more time in self-care.

💰 Healthcare Planning: Healthcare costs can be a hurdle, especially pre-Medicare. Explore insurance options wisely to avoid surprises down the road.

✨ Embrace the Journey: Retirement isn't an end; it's a golden opportunity. It's about embracing life's next chapter with enthusiasm and purpose.

Your retirement journey starts now! Are you ready to make it golden? 💫

What time is the right time for retirement? www.raymondjames.com

All three major equity indices — the S&P 500, Dow Jones Industrial Average and Nasdaq — hit all-time highs in March. Discover the driving factors behind the record-making performances in the March market recap.

March highlighted by markets rising to record highs www.raymondjames.com