Estate Planning


What does helping people in Guatemala have to do with accounting in Portland, Oregon?

Morris + D’Angelo, Guatemala, Portland Oregon, Brian Dazey, Central America, Marketing, High-Wealth Customers
What does helping people in Guatemala have to do with accounting in Portland, Oregon? The answer is NOTHING! So, why would my employer Morris + D’Angelo support my traveling to Guatemala? When I was hired by Morris + D’Angelo in San Jose to open and expand their office in Portland Oregon, I expected to have a “typical” retail space someplace where potential customers could come and get advice and counsel about their taxes. However, that’s not typically all we do at Morris + D’Angelo. While it’s true, we help our customers solve their specific tax ...

Read More


Family Advise: Dynamic Change in Family Businesses

Family Advise, Family Business, Family-Based Enterprises
The challenges family businesses have of providing effective tax and business advice to entrepreneurial and family-based enterprises Family challenges are certainly situational as no two are alike. The most common test for professionals is confirming the family is aware of their situation. Entrepreneurs are doers and they are hyper-focused on achieving measurable results and rarely invest in activities that require one of them to reflect and ponder their future. Inherent conflicts exist among the generations as to where to invest the family attention and the ...

Read More


Real Estate Sales: To Exchange or Not to Exchange

Real Estate Exchange, Steven Geller
With the anticipation of rising interest rates, sky-rocketing oil prices, volatile markets, and political forces impacting the real estate markets, the frenzy to reposition real estate sales portfolios is continuing, but at unprecedented prices. Daily, I’m asked two related questions: Should I sell and should I do a tax-deferred exchange? Should I sell? My response is always the same. “I’ll consult my crystal ball”. I pick up the snow globe on my desk; shake it, nothing but snow … It’s on the fritz. I ask questions back. Is the property performing? ...

Read More


Driven: The Psychological Economy vs. Physical Economy

Economic Growth, Economic Velocity, Financial Literacy, Physical Economy, Psychological Economy
We are driven by what we Believe more than what we Know. Our beliefs are powerful and our emotional outlook drives many of our behaviors. Relating this to economics our viewpoints on wealth and well-being are more related to our relative feelings and beliefs than our realities. One particularly important concept is our economic velocity - that is the relative sense of speed of our economic improvement over our reality of where we are. Relating this to economics our viewpoints on wealth and well-being are more related to our relative feelings and beliefs than ...

Read More


The Future of Tax Reform is a Long and Winding Road

Tax Reform, USA Tax, 2017 Tax Preparation, CPA
What are some of the things we should be thinking about? It will have hills and valleys and undulations and peaks, vistas, views and frustration We are a $20-Trillion economy; it’s difficult to model this We have obligations that we want to support, but we have to fund them We have a lot of demands on infrastructure What about civic services and humanities? This is a topic that’s been top-of-mind for us at Morris+D’Angelo for quite some time now. Here’s what we could reasonably know at this point in the discussion. Remember, beyond the uncertainty ...

Read More


Tax Series: Capital Gains and Tax Projection

Tax Preparedness, Tax Avoidance, Tax Projections
It’s the middle of October 2017 and not only have we “just” completed our Company Retreat but a whole readjusting, reconnecting and reprioritizing our “Mindset” at Morris+D’Angelo as we prepare for 2018 and beyond with “Gusto”. Good things are around the corner at Morris+D’Angelo for sure. One of the Topics that have been at the top of my mind for a while that I wish to speak about is Tax Reform. This is the first of a series of articles in the coming months that address some of the issues and concerns that I have as a High-Level Financial Services ...

Read More


Economics: Four Ways to Spend Money

Economics, Milton Friedman
Economics has always intrigued me. I remember a professor spending days lecturing about money supply, interest rates, demand, inflation, and other metrics; only to have me question her artistic theories with my observation of market realities. I appreciate the decisions people make relative to their own personal wealth and spending habits. Economics has never been about carrots and potatoes, this oversimplifies the question of how people make decisions. All economic partners including governments, business, and consumers should actively study the actual choices people ...

Read More


Tax Projects vs Tax Planning

Tax Project, Tax Planning, Daniel Morris, CPA
We're Not Normal and We Don't Expect You to Be Either When It Comes to Your Tax Planning, Tax Projections and Forecasting Our accounting firm's Customer-Base knows and is appreciative that we include Tax Planning and Tax Projections as a rule to nearly all of our Morris+D'Angelo's High-Worth Professional Engagements. Why Hire an Accounting Firm When Tax Planning Isn't Needed My Business Partner, Pat D'Angelo of nearly 30-years and I set out to build and create an Accounting Firm that empowered our Customers to succeed in areas of financial matters that most are not ...

Read More


Family Legacy Planning: Transition Wealth to Future Generations

Family, Legacy Planning, Transition Wealth
At Morris+D’Angelo, we along with other Financial Service Professionals face what is perhaps our largest challenge that at the same time would help our Customers actively plan for the future (Legacy Planning) and the transfer of their wealth without disrupting their current financial continuity. Our understanding of high-level financial strategies allows us to help you adapt to better position and ultimately achieve your goals. We have the ability to help you form your thoughts about wealth transfer planning, how to clarify and satisfy your objectives, and help ...

Read More


Our Private Wealth Advisory Services Just Reached a New High-Level

University of Oxford, Daniel Morris, portland oregon
As the only American and one of 16 Global Honorees (one of two in the Western Hemisphere), Daniel Morris has recently earned his Wealth Advisory Services Post-Professional Graduate Diploma (PPGD). The PPGD was a year-long program held at the University of Oxford and is designed for Senior Leadership that emphasized the interrelationships necessary to best advise Multi-National, Multi-Generational, and Privately-Owned Enterprises and their families. The Morris+D’Angelo Accounting and Financial Services Firm has already navigated cross-border estate issues in Italy, ...

Read More