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Guides & Whitepapers

investment letter

Equity Market Volatility and Long/Short Investing

By Guides & Whitepapers
A Portfolio Manager Q&A Special Thanks to Jay Feeney, CFA, Co-Chief Executive Officer & Chief Investment Officer, Boston Partners After a year of unusually low stock market volatility in 2017, 2018 kicked off with far more ups and downs in the market. At the same time, interest rates are rising, albeit from historic low yields. We hosted a discussion with Deputy Chief Investment Officer Dmitriy Katsnelson and Boston Partners Portfolio Manager Jay Feeney to discuss strategies for managing market volatility. Part of this discussion focused on long/short investing, an investment strategy that includes buying investments that are expected to increase…
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estate attorney

Preparing to Meet with Your Estate Planning Attorney

By Guides & Whitepapers
You can streamline the estate planning process by coming prepared to your first meeting with your estate planning attorney. It will be helpful if you have taken some time to consider who you would like to name as guardian, executor and trustee, as well as who you would generally like to inherit your property. In addition, your attorney will ask for some basic information from you in order to best advise you. Below is a list of the information and documents that we recommend you make available to your estate planning attorney. If you are married, you should provide information…
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estate plan checklist

Estate Plan Checkup Checklist

By Guides & Whitepapers
We recommend reviewing your estate plan regularly to determine whether it remains up to date - below is a checklist of some questions to revisit each year. How do I know when to update my estate plan? Who: Consider whether there have been any changes with the people in your life. Have you or your children been married or divorced? Have there been any new births? Has anyone named in your Will died or become disabled? Have you fallen out of touch with anyone named in your Will? What: Consider whether there have been any changes in your personal circumstances…
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account beneficiaries

Naming Account Beneficiaries

By and Guides & Whitepapers
Don’t Overlook this Important Planning Opportunity Before she passed away, Jade was diligent in making sure her will was in order, which left her entire estate to be equally divided between her two sons, Samuel and Benjamin. However, instead of naming them joint account beneficiaries on her brokerage and bank accounts, she named Samuel as sole beneficiary on her large brokerage account and Benjamin as sole beneficiary on her modest savings account. When Jade passed away, nearly all her assets passed to Samuel and Benjamin outside of her will according to her beneficiary designations. However, Samuel received much more than…
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GRAT

A Primer on the Grantor Retained Annuity Trust (“GRAT”)

By Guides & Whitepapers
Objective The objective of the Grantor Retained Annuity Trust is to remove appreciation on the transferred assets from the grantor’s estate. The structure of the GRAT also allows this removal of appreciation to be done at minimal or no gift tax cost. Operation of the GRAT The grantor transfers an asset with high appreciation potential to the GRAT, which is an irrevocable trust. In return, the grantor retains a qualified annuity interest for a specific term of years. Common terms of years for annuity trusts range from 2 to 10 years. The initial term must be at least 2 years,…
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dynasty trusts

A Primer on Dynasty Trusts

By Guides & Whitepapers
Why is it called a “Dynasty Trust”? Some are surprised to learn that most trusts are temporary. Unlike a corporation, partnership, or other artificial legal entity, most trusts cannot be perpetual. A rule of law called the “Rule Against Perpetuities” terminates most trusts automatically, and cuts them off at a few generations. As a result, even the most careful trust planning will eventually be unwound, because these temporary trusts will terminate and the property will be distributed outright into the hands of the trust beneficiaries. This limitation can be avoided by using a Dynasty Trust, because it is a perpetual…
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cryptocurrency

The Cryptocurrency Question

By Guides & Whitepapers
The most common financial question that we have been asked over the last six months or so relates to Bitcoin1 (or any type of other cryptocurrency). Is it real? How is it valued? Should we invest in it? Can it keep going up in price? The answers to these questions are not easily answered, are complex, and are dynamic over time. To start, Crypto comes from the Greek Kruptos, which means “hidden.” Because of the complexity of the subject matter, we would prefer to hide from making an opinion on cryptocurrencies in general. However, they (and the technology surrounding them)…
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cybersecurity

Keep Your Identity to Yourself!

By and Blog, Guides & Whitepapers
With all the recent headlines from the hacking of consumer data at Equifax, combined with data breaches over the years at Target, JPMorgan Chase, Yahoo!, Sony, and many more, it is probably safe to assume that your personal financial data is not completely secure in our cyber world. Per a recent study by Javelin Research out of Pleasanton, California, about one out of every sixteen US consumers were a victim of identity theft in 2016, with damages close to $16 billion. Further, most victims are not even aware that they have been hacked for many months. Fraudsters using your basic…
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education planning

How Do Savvy Investors Plan for Education Expenses?

By and Guides & Whitepapers
A colleague of ours recently shared an interesting story from a baby shower she attended: along with the standard gift registry, the parents-to-be established a 529 college savings plan for their not-yet-born child, sharing the details along with the shower invitation (also mentioning, of course, that the beneficiary would be established once they had a Social Security Number). Though this example may seem extreme, it illustrates a changing reality for many parents: that advanced planning and a long-term strategy for financing your child’s education are becoming more of a necessity than a luxury. Education funding is one of the largest…
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investment goals

Reaching Your Long-Term Investment Goals: Get Started with a Roadmap

By Blog, Guides & Whitepapers
You are interested in a Long-Term Investment Strategy but not sure where to start. Good! This is for you. Throughout the journey of our professional careers, we will encounter many major decisions, some of which we are more prepared for than others. Depending on your background and interests, you may understand that you need a plan for long-term investment goals, but do not know where to start. If so, know that you’re not alone. To build confidence in your plan, it is important to understand that building wealth through a long-term investment strategy is a journey with many options, detours,…
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