Capital Edge Wealth Advisors of Raymond James

The most meaningful legacies are rarely defined by a number.

They are defined by the values you protect, the people you prepare, the stewardship you demonstrate, and the impact that continues beyond your lifetime.

That is why legacy planning is more than transferring assets or completing estate documents. It is a thoughtful process of deciding what matters most, preparing the next generation, creating clarity around important decisions, and giving your wealth a purpose.

A meaningful legacy begins with four questions:

What should be protected?
Who needs to be prepared?
What should be preserved?
What impact should endure?

Your legacy should reflect your life—not someone else's template.

Your legacy. Your terms.

If this is something you've been thinking about, it's worth a conversation.

Today's Fascinating Friday post comes from

Who do Americans spend time with?

This changes a lot over the course of their lives.

In their teens, Americans spend a lot of time with friends and family.

In their 20s, time with friends and family starts to drop off. Instead, Americans begin to spend more time with partners and children.

Throughout their 30s, 40s, and 50s, Americans spend much of their time with coworkers.

As they get older, Americans spend more time alone, but surveys show this doesn't necessarily mean they're lonely.

Data source: This data comes from the American Time Use Survey, conducted by the U.S. Bureau of Labor Statistics.

The decisions made immediately after a major financial event can shape outcomes for years.

A business sale, inheritance, concentrated equity position, retirement, or unexpected liquidity can create pressure to act quickly. But urgency and clarity are not the same thing.

Without a defined strategy, even reasonable decisions can create long-term consequences:

Cash may remain idle without a clear purpose.
Risk can become concentrated in places you did not intend.
Tax and planning opportunities may be missed.
Complexity can outgrow the advisory structure around it.
Early decisions can become difficult—and expensive—to unwind.

The strongest planning often begins before the transition, not after it.

That means clarifying priorities, coordinating the right professionals, evaluating risk, and creating a thoughtful framework for what comes next.

True wealth is built through discipline, not reaction.

If a significant financial transition may be ahead, it is worth beginning the conversation early.

A quick look at what's shaping the markets.

Latest charts from Raymond James break down the key trends investors should be watching.

Explore the full Weekly Headings from CIO Larry Adam (link in profile).

Be sure to follow us:

www.CapitalEdgeWealth.com

Source: FactSet

Today's Facinating Friday post comes from

Data centers under construction in America right now.

Texas and Virginia aren't just leading. They're lapping the entire rest of the country. Texas alone has 151 data centers currently under construction. Virginia has 140. Combined, that's more than every other state in the country put together.

Ohio is the surprise #3 with 58. Georgia is right behind at 57.

A few things jump out from this data:

Mississippi has 22 under construction with only 10 currently operating. They're more than tripling their footprint.

California, despite being the tech capital of the world, only has 6 under construction. They've tapped out. The new construction is happening in cheaper, friendlier states with available power.

Nevada is quietly building 29 new data centers, almost matching its current count.

The South and Midwest are absorbing this entire AI buildout. They have the land, the power, and the tax incentives. Coastal states are mostly sitting it out.

Source: Aterio, April 2026

Charitable giving rules are changing.

For families who itemize, the timing and structure of gifts may matter more than ever.

Beginning after a 0.5% of AGI floor, the tax benefit of charitable deductions may require more coordination. For example, with $1,000,000 of AGI, the first $5,000 of charitable giving may not count toward the itemized charitable deduction.

That does not mean charitable giving is less important. It means the strategy behind giving may need a fresh look.

Strategies to reassess may include:
• Bunching gifts
• Donor-advised funds
• Appreciated securities
• QCDs from IRAs for those 70½+

The goal should remain the same: support the causes you care about in a thoughtful and tax-aware way.

Reach out before your next major gift so we can help coordinate your charitable giving strategy with your broader financial plan.