Weston DePriest - Financial Planner

Weston DePriest - Financial Planner Weston DePriest | Financial Planner & Wealth Manager | Educator
Trusted Independent Wealth Management Advisor

07/30/2026

One of the most important financial conversations families can have often gets postponed:

“What happens to everything you’ve worked so hard for someday?”

Talking with your parents about money can feel uncomfortable, but the goal is not to ask how much you may inherit.

The goal is to make sure their wishes are understood, their affairs are organized, and their hard-earned assets pass to the people and causes they care about as smoothly as possible.

A productive conversation may include:

• Where important financial and legal documents are kept
• Whether beneficiaries are current
• Who should make financial or medical decisions if needed
• How property, retirement accounts, and investments should be handled
• Whether their estate plan still reflects their wishes
• What values or lessons they hope to pass down along with the money

These conversations are rarely easy, but having them today can prevent confusion, conflict, and unnecessary stress later.

Would you like a complimentary, comprehensive financial review??I can help you review your budget, investments, retireme...
07/29/2026

Would you like a complimentary, comprehensive financial review??

I can help you review your budget, investments, retirement accounts, insurance, taxes, estate-planning considerations, and overall financial strategy to see whether there are any opportunities to improve!

PLUS, I have some other cool perks for you if you refer a friend or relative for their free review!

07/10/2026

Could a Roth IRA conversion help reduce future taxes in retirement?

The answer depends on your income, tax bracket, retirement timeline, Medicare situation, and long-term goals.

If you are interested in a ROTH IRA conversion make sure to thoroughly review the pros and cons before making any decisions.

If you would like a review of your accounts to see if it makes since, comment "REVIEW" in the comments and I will send you a DM

07/09/2026

Do you have old 401(k)s scattered from previous jobs?

You’re not alone.

As people change careers, it’s common to leave retirement accounts behind. But having multiple 401(k)s can make it harder to track your investments, fees, risk, and overall retirement plan.

Bringing those accounts together may help simplify your financial life and give you a clearer picture of where you stand.

Comment or DM me “old 401k” and I’ll send you a simple checklist of things to consider before moving or consolidating accounts.

07/08/2026

I often teach Financial Classes. I want to make these classes as valuable as possible to the people who attend them.

If you were going to attend a class, what would be the main topic you would want to know more about? Let me know in the comments please! 👇

07/07/2026

Trump Accounts are officially open, and this could be a great planning opportunity.

For eligible children, the federal government is offering a one-time $1,000 contribution into a new long-term investment account designed to help jumpstart a child’s financial future.

ALSO even better for my fellow Oklahoma families: the State of Oklahoma has announced an additional $250 contribution for eligible Oklahoma children.

That means some families may be able to start a child’s account with $1,250 before adding anything of their own.

A few key things to know:

· Designed for children under 18
· $1,000 federal contribution for eligible children born from 2025–2028
· Oklahoma is adding $250 for eligible Oklahoma children
· Families can contribute additional money each year
· Funds are intended for long-term growth and future financial flexibility

This doesn’t replace other planning tools like 529 plans, Roth IRAs, or traditional investment accounts, but it may be worth reviewing as part of a broader family wealth-building strategy.

Small dollars invested early can make a big difference over time.

06/25/2026

We had husband and wife clients who wanted to liquidate half of their 401ks immediately after retiring and pay off all debts (including primary residence) AND build a lake house.

Luckily, they had good sized 401k balances, but still this would have greatly affected their retirement income plan as well as generated a very large tax bill if they did this all in the same year.

Instead, we developed a plan that immediately paid off most debts, then a tiered plan over the next few years to pay off the primary residence, and fund the build for the lake house.

Planning this out in this way:

1.) Did not put as big of a strain on their Income plan
2.) Did not cause a huge tax bill all at once.

When you are ready to put your plan together send me a DM and lets talk.

06/24/2026

One of the most overlooked wealth-building strategies for business owners:

Hiring your kids.

If your child does legitimate work for your business (filing, cleaning, helping with social media, organizing, basic admin work, etc.) and you pay them a reasonable wage, that income may qualify as earned income.

Why does that matter?

Because earned income can allow them to contribute to an IRA.

For 2026, IRA contributions are limited to the lesser of $7,500 or the person’s taxable compensation for the year. So if your child earns $3,000 from legitimate work, they may be able to contribute up to $3,000 into an IRA.

If they earn $7,500 or more, they may be able to contribute the full $7,500.

And for many young workers, a Roth IRA can be especially powerful because they may be in a very low tax bracket today, while giving that money decades to potentially grow tax-free.

The key is doing it correctly:

1.) The work must be real
2.) The pay must be reasonable
3.) You need proper documentation
4.) The income needs to be reported correctly
5.) The IRA contribution cannot exceed earned income

Even a few thousand dollars invested with a 50 year runway can turn into a very meaningful amount later in life.

Small strategy. Big long-term impact.

06/19/2026

Have you had a child since January 1, of 2025? or maybe plan on having children over the next couple of years?

You may be able to get a free one time $1,000 contribution into a new type of child-owned, traditional IRA-style account, You may hear them by their nickname "Trump Accounts." Parents, guardians, or other authorized individuals can elect to open one for an eligible child through the IRS.

Children born between January 1, 2025 and December 31, 2028 may qualify for a one-time $1,000 pilot program contribution, as long as they are U.S. citizens, have a valid SSN, and have not already had a pilot contribution election processed.

Families and others may contribute up to $5,000 per year. Employer contributions may also be allowed, with up to $2,500 per year potentially excluded from the employee’s taxable income.

The money generally must be invested in eligible U.S. stock index mutual funds or ETFs, and withdrawals are generally restricted until the year the child turns 18. After that, the account is treated more like a traditional IRA.

Here is how to open one:

1.) Go to your IRS Individual Online Account

2.) Sign in or create an account through ID.me

3.) Submit Form 4547 — Trump Account Election(s)

4.) You’ll need your child’s Social Security number, date of birth, and address

5.) After submitting, you can check the election status through your IRS account

Any questions you have on this please reach out!

06/18/2026

Elon stated in a recent interview that saving for retirement may be unnecessary in 10-20 years, because of the advances in AI.

I am curious what everyone else's opinion on this is? Let's have a discussion.

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