We’ve Been Nominated, Best Financial Advisor of Long Island 2023!
Thank you for the Nomination! With 1.4 Million voters nominating their favorite businesses, Steve Davis, Safe Harbor Asset Management, Inc has been
October is 10/31 Exchange Advocacy Month!
October is 1031 Exchange Advocacy month. Tell your elected officials how 1031 Exchanges have benefited you, your business, and your community today!
6 Keys to Optimizing Your Health, Longevity and Well-Being
It’s pretty safe to say that everyone wants to experience optimal health. It’s also pretty safe to say that most of us
Rising Interest Rates and the Effects on Net Lease Real Estate
As the Federal Reserve continues its aggressive efforts to rein in the highest inflation we've seen since the early 80's, many economists
Smart Money Moves to Make While You’re Still Mentally Sharp
As we age, we tend to lose some of our cognitive abilities-and that, in turn, can cause us to make financial decisions
Learn How to Take Cash and Avoid Boot at the Sale of Your Relinquished Property
Creating Tax-Free Liquidity with a Delaware Statutory Trust The incentive of a 1031 Exchange is to allow a taxpayer to defer 100%
How to Maximize Your Cash Flow With a 1031 Exchange
A Case Study on the Tax-Advantaged Power of a Delaware Statutory Trust The year is 2002, and it is the beginning of
Essential Things to Know About 1031 Exchanges and DST’s
Our newest guide, Tax-deferred Strategies for Real Estate, provides a comprehensive overview of the 1031 Exchange and DST investment strategy. If you
Benefits of a DST 1031 Exchange
A Delaware Statutory Trust (DST) is a legal entity that allows you to co-invest with other investors in one or multiple real
Selling Property vs. 1031 Exchange
Let the math do the talking in this illustration of the financial advantages of a 1031 Exchange. In the past we have
3 Steps to Deferring Capital Gains Tax When Selling Real Estate
A 1031 Exchange is a powerful way to defer Capital Gains when selling a real estate investment. This process can generally be
How To Defer Capital Gains Taxes With a 1031 Exchange
It has been called one of the greatest wealth-building strategies ever devised. Section 1031 of the Internal Revenue Service Code allows investment
The Top 5 Misconceptions About 1031 Exchanges In 2022
After a tsunami of a year facilitating 1031 Exchange transactions, we found there are many misconceptions among investors about 1031 Exchanges.
The “Drop & Swap” Alternative In A 1031 Exchange: Do As You See Fit With Your Proceeds
Partners in an LLC selling real property may be bracing to receive the sale proceeds and pay capital gains tax. But
A Wealth Planning Process for Pursuing Success on Purpose
One of the best things you can do when managing is to be extremely clear on what you’re looking to accomplish and
Finding Advisors Who Are Truly Client-Centric
It’s extremely common for financial professionals these days to advertise how well they focus on their clients- and with good reason: After
What’s Your High-Net-Worth Personality?
One of the best ways to make smart decisions about your wealth is your wealth is to work with professionals who are
Financial Planning for a Special Needs Child
Raising children and grandchildren is challenging in the best of circumstances. But when a child has special needs or a disability ,
Transferring Values: Not Just Wealth to Your Heirs
Many of us have thought about how to best transfer our wealth to our heirs someday. Unfortunately, we see that parents and
A Wall Around Your Wealth: The Importance of Asset Protection
Success can come with a major downside: It can make you a potential magnet for lawsuits-including frivolous and unfunded ones-and other other
Finding the Right Wealth Manager for You
It can be quite a task to evaluate the expertise and experience of a wealth manager before you work with him or
Big Wealth Mistakes the Super Rich Don’t Make
No one is perfect-not even the smartest or most famous among us. But some people veer closer to perfection than others. Take
Feeling Philanthropic? A Charitable Planning Primer
Do you want to have a major impact on a charity or cause that means a great deal to you? Do you
What is Wealth Planning, Really?
It can be all too easy to focus on just one aspect of your financial life-and in doing so, miss opportunities as
Managing Your Health in a Post COVID-19 World
Regardless of how COVID-19 has affected your personal health, chances are that it has made a difference in the health care you
Quit Being a Landlord & Retire: How DST’s Help Retirees Find Time & Freedom!
Great news! Your CPA has informed you, "you will make a lot of money through your real estate portfolio...the bad news, you
Working with the Right Advisor
These days, too many successful, wealthy individuals and families are simply not getting the advice that’s most appropriate to help them achieve
Save 1031 Exchanges = Save Small Businesses
Under President Biden's April 28th tax proposals, two would affect the world of 1031 Exchange's. Under these two proposals, Section 1031 would
The Surprising Power of Connectedness
It seems like everyone wants to know what it takes to live fulfilling lives, foster happier families, create and manage stronger teams,
Navigating Credit Card Rewards During COVID-19 Times and Beyond
The pandemic has impacted people’s financial lives in ways both large and small. For many of us, it’s changed how we spend
Virtual Experiences We Think You’ll Love
When COVID-19 first hit, closures and lock downs made virtual resources the only way to see certain sites-drawing in viewers to virtual
Top Benefits for Real Estate Investors to Spring into DST’s
Delaware Statutory Trust’s (DST’s) are legal entities that allow for fractional ownership of real estate assets by accredited investors. Beneficial interest in
“We, the Family”: The Benefits of a Family Constitution
Wealth and family can be a tricky mix. Affluence can help families achieve great things and realize their shared vision, of course.
Registered Investment Advisor (RIA) vs. Broker Dealer: What are the Differences & Who Should You Invest With?
To the unfamiliar, both professionals may seem the same, but there are differences that distinguish the two in ways that investors should
The Power of Purpose in Reaching Audacious Goals
We find that people who have reached the highest levels of success and built truly significant wealth tend to share a number
The Many Benefits of Building a Family Brand
Nearly every company we can think of has a brand that communicates its culture and mission. But chances are, most of us
Recession Resilience in 2021 for 1031 Exchanges
Up until 9 months ago when the Coronavirus (COVID-19) officially impacted the United States, commercial real estate investors were experiencing one of
Boost Your Efficiency and Effectiveness-at Work, at Home and in the World
Each day, we have limited amounts of time and energy to do what needs to be done while also trying to cultivate
We Recognize Veterans Day by Helping Veterans In Need
Please join us in recognizing Veterans Day by helping our veterans in need. Your generous donation will help veterans through the Wounded
You Need a Cohesive Wealth Management Team
Chances are, you know that you likely need to tap the expertise of multiple professionals to pursue optimal financial results in your
How Do You Think the Presidential Election Will Impact Your Business in Real Estate?
Today is November 6, 2020, three days post-Election Day. Like all of you, we anxiously wait as the results continue to be
Happy 10/31 Day
Support the Retention of 1031 Exchanges Tell your elected officials how 1031 Exchanges have benefited you, your business, and your community.
Best Practices for Successfully Working from Home
The number of at-home workers has skyrocketed this year as the novel Corona Virus caused companies across the country to temporarily lock
Choosing an Executor for Your Estate
Here’s an uncomfortable truth you need to accept. Someday-hopefully in the very distant future-you are going to die. The good news: You
Buy Experiences, Not Stuff. Here’s Why.
When we spend money, we’re doing more than simply buying things. We want to create feelings of happiness, satisfaction and well-being. But
Five Big Mistakes Executors Make…and How to Avoid Them
Being named the executor of a family member’s (or other loved one’s) estate is, in many ways, an honor. The decision shows
Smart Ways to Take Control of a Trust
Many successful families use Trust’s to minimize taxes, transfer wealth and protect assets from creditors and others. You may have already set-up
Wills and Trust’s
The Foundations of Your Rock-Solid Estate Plan For so many of us, family is paramount. You probably expect to use your
Estate Planning: Don’t Forget Your Pet!
If you are part of the 68% of U.S. households that own a pet, you probably think of it as a true
The Importance of Personal Umbrella Policies
What would happen if you or your child caused a car accident that resulted in serious injuries or the deaths of others?
Three Questions to Answer Before You Purchase Life Insurance
Life insurance can be an extremely important, even essential, part of your financial plan. One of its most attractive aspects for many
Preparing Heirs for Their Inheritance
Inheriting money comes with plenty of benefits. From being less worried about paying for life’s necessities to enjoying the luxuries affluence can
The Road to Longevity: Living to 120-and Beyond?
Medical Technology Can Now ID Risk Factors In The Human Body Long Before They Impact Your Health A medical revolution is underway-one
It’s Time to Get Serious About Your Happiness
There’s a great quote by Jean-Paul Sartre: “We are our choices.” When it comes to our happiness and our overall success in
What to Do When Your Doctor Has Bad News
It’s what no one ever wants to hear. “The test results have come back positive.” And yet it’s quite likely that you,
A Common Sense Guide to Heart Health
It’s been said that a man with health has a thousand dreams, while a man with no health has but one. Don’t
Don’t Leap Before You Look! The Powerful Benefits of Thoughtful Action
When people are confronted with adversity, opportunity or both, they often react quickly-with the intention of dealing with the situation rapidly and
Want to Promote Family Entrepreneurship? Consider a Family Bank
A key objective among many single-family offices serving Super Rich families (those with a net-worth of at least $500 Million) is to
Why You Need a ‘Business Plan’ for Your Family
When business owners start a new venture or seek out funding, they always create a detailed business plan first. But chances are,
How to Help Parents and Yourself Live Better at 80, 90 and Beyond
They say we get wiser as we get older, but let’s face it: Many new uncertainties and challenges can crop up as
The Importance of Family Governance
Keeping Family Wealth and Relationships in Good Shape The old saying “Shirtsleeves to shirtsleeves in three generations” means family wealth that’s built
The Billionaire Money Rules
*What our research shows about how the self-made Super Rich build their wealth If you are like nearly every other successful person,
The Four Types of Financial Advisors
Which one should you work with? We find that, by and large, people seeking financial advice, know how to look for a
The Importance of Stress Testing Your Wealth Strategies
When making decisions about your money, it can be smart to know the steps that extremely affluent individuals and families take to
Five Reasons to Make Philanthropy a Family Affair
Five Reasons to Make Philanthropy a Family Affair Getting your family involved in charitable giving can create a powerful
The Value of Multigenerational Family Meetings
The Value of Multigenerational Family Meetings If you've amassed sizable wealth, or are on the right path and getting
Qualified Opportunity Funds
Qualified Opportunity Funds The latest way to do well by doing good Impact investing-using wealth to create positive change
The Power of Charitable Remainder Trusts
The Power of Charitable Remainder Trusts Do well by doing good A growing number of individuals and families want
Insightful Questions That Can Ramp Up Your Success
Insightful Questions That Can Ramp Up Your Success Want to see some amazing results in your life? Ask questions
Charitable Giving, the Tax-Wise Way
Charitable Giving, the Tax-Wise Way Americans-especially the affluent-are some of the most charitable people in the world. Chances are,
Work Smarter-Not Harder!
Work Smarter-Not Harder! Reclaim your time and energy to live your best lifeEach of us has just 168 hours
What’s Your High-Net-Worth Personality?
What's Your High-Net-Worth Personality? Here's why you need to know As a successful person with big goals, you require
Three ‘Spy Secrets’ That Can Protect You, Your Family and Your Business
Three 'Spy Secrets' That Can Protect You, Your Family and Your Business Imagine yourself in a vintage tuxedo, sipping
Smart Ways to Build a Moat Around Your Wealth
Smart Ways to Build a Moat Around Your Wealth Have you taken steps to protect the assets you have
The Super Rich Stress Test Their Financial Plans-and So Should You!
The Super Rich Stress Test Their Financial Plans-and So Should You! The Super Rich (those with a net worth
Savvy Negotiating: To Get the Moon, Ask for the Stars
Savvy Negotiating: To Get the Moon, Ask for the Stars One key way to build serious wealth-whether in a
Elite Wealth Planning What it is and why it matters
Elite Wealth Planning What it is and why it matters Elite wealth planning often plays a key role in
What to Do When Your Doctor Has Bad News
What to Do When Your Doctor Has Bad News It's what no one ever wants to hear: "The test
It’s Time to Get Serious About Your Happiness
It's Time to Get Serious About Your Happiness There's a great quote by Jean-Paul Sartre: "We are our choices."
Four Ways the Super Rich Manage Their Wealth
Four Ways the Super Rich Manage Their Wealth The self-made Super Rich-people with a net worth of at least
The Super Rich’s Three Big Fears-and How They Work to Overcome Them
The Super Rich's Three Big Fears-and How They Work to Overcome Them Significant wealth can reduce many of life's
The Road to Longevity: Living to 120-and Beyond?
The Road to Longevity: Living to 120-and Beyond? Medical technology can now identify risk factors in the human body
The Importance of Personal Umbrella Policies
The Importance of Personal Umbrella Policies What would happen if you or your child caused a car accident that