News & Insights

March 2022- Seascape Capital Management is a proud sponsor of the Cross Roads House 20th Annual Benefit by the Sea on May 7th at the Wentworth by the Sea. The Benefit by the Sea gala is a vital part of securing the necessary funds to continue providing shelter and life changing services for men, women, and children in our community who are experiencing homelessness. Please read on for the link if you want to get involved!

March 2022- Cyber criminals exploit our increasing reliance on technology. Methods used to compromise a victim’s identity or login credentials – such as malware, phishing, and social engineering – are increasingly sophisticated and difficult to spot. A fraudster’s goal is to obtain information to access to your account and assets or sell your information for this purpose. Fortunately, criminals often take the path of least resistance. Following best practices and applying caution when sharing information or executing transactions makes a big difference. Please read on to learn how Schwab protects your account as well as best practices you should follow. Many suggestions may be things you’re doing now, while others may be new. If you have questions, we’re here to help.

March 2022-We have all watched the crisis in Ukraine unfold in the media over the last two weeks.  Many US citizens and some of our clients have been fortunate enough until now to have been spared the real-time images of war on this scale.  Gut-wrenching and difficult to comprehend, it’s natural to feel helpless and yet still want to act to help and protect yourself. Last month we tried to put geopolitical conflicts in context vis-à-vis the market.  Here we briefly discuss a couple of very different aspects.

February 2022- If you have connected to the new Reporting Portal, you now have two connected Seascape client portals:  one for Reporting and one for Financial Planning, each with its own username and password. We agree that we all have far too many passwords to remember, so below we explain how to easily connect the portals. Once you complete this simple step, you need only log on once to access both. Read on to learn more:

February 2022- Did you know that, if you are at least 70½ years old, you can make tax-free charitable donations directly from your IRA? By making what's called a qualified charitable distribution (QCD), you can benefit your favorite charity while excluding up to $100,000 annually from gross income. These gifts, also known as "charitable IRA rollovers," would otherwise be taxable IRA distributions. Please read on to learn more and call us so we can help.

February 2022- Keep this reference card handy! Clicking the link will automatically download a .pdf card of 2022 Key Financial Data, updated by any current legislation.

December 2021- At Seascape Capital, we believe it's never too early to start planning for next year. Is 2022 the time to do the math on a Charitable Lead Trust? Please read on to see if you could benefit from a Charitable Lead Trust, and call us to learn more.

November 2021- For the third year in a row, Seascape Capital advocated for animals in need as an "Animal Angel Sponsor" for the NHSPCA's Auction for the Animals. It's a cause near and dear to our hearts as our own furry friends hold the position of "Chief Morale Officers" in our office.

October 2021- At the end of 2019, President Trump signed a federal spending package that included the Setting Every Community Up for Retirement Enhancement (SECURE) Act. A provision in this legislation effectively eliminated the "stretch IRA," an estate-planning strategy that allowed an IRA to continue benefiting from tax-deferred growth, potentially for decades. Most nonspouse beneficiaries, including children and grandchildren, can no longer "stretch" distributions over their lifetimes. Individuals who plan to leave IRA and retirement plan assets to heirs — and individuals who stand to inherit retirement assets — should understand the new rules and distribution options. Please call us if you have questions so we can help.

September 2021- The current Internal Revenue Code offers less tax saving strategies than earlier versions of 30-40 years ago.  One little known strategy is worth considering if your employer offers a qualified plan allowing you to buy stock in that employer.  The savings can be the difference between the tax rate on your earned income and the tax rate on capital gains. Please read on to learn more and call us if we can help.