Along with the many other unusual things that have happened in 2021, this year will be an atypical tax year for many households. Within the context of our clients’ financial lives, some notable events are likely to make this year’s tax returns look much different compared with 2020. We’ve included below the most common changes that …
That four-letter word Risk. It’s undoubtedly the most powerful, attention-grabbing four-letter word in finance. To quantify and control it, financial economists and others have developed a staggering number of ways to measure it. Metrics such as beta, standard deviation, Sortino ratio, value-at-risk (VAR), and many others have all become commonplace in the investment vernacular these …
The Three Dimensions of Risk: Tolerance, Capacity, & Need Read More »
Estate taxes have usually affected only the very wealthy at death. While the limits on the monetary value that a decedent can exempt from estate taxes routinely changes over time, we have seen wild swings in that amount over the last 20 years. Currently, the exemption stands at $11.7 million per person and $23.4 million …
Preparing for the Impact of President Biden’s Tax Plan on Estate Planning Read More »