RJFS (and its Financial Advisors), Texas Capital Bank, N.A., and their respective employees do not provide tax or legal advice to outside entities. Educational content is not intended as tax or legal advice for any recipient, nor should it be relied on as such. Taxpayers should seek advice based on the taxpayer’s particular circumstances from an independent tax advisor or legal counsel. Texas Capital Bank, N.A. and Texas Capital Bank Private Wealth Advisors are not a registered broker/dealers and are independent of Raymond James Financial Services. Investment advisory services offered through Raymond James Financial Services Advisors, Inc. Securities offered through Raymond James Financial Services, Inc., Member FINRA/SIPC, and are not insured by bank insurance, the FDIC or any other government agency; are not deposits or obligations of the bank; are not guaranteed by the bank; and are subject to risks, including the possible loss of principal. Raymond James is not affiliated with the financial institution or the investment center. The information has been obtained from sources considered to be reliable, but we do not guarantee that the foregoing material is accurate or complete. Any opinions are those of the authors and not necessarily those of RJFS or Raymond James.