Will Population And Portfolio Growth Coincide In Africa?
By 2100, one in three people on Earth will likely be born in sub-Saharan Africa. The consequences of this shift, for African nations and the global community alike, are not yet clear. In the United...
View ArticleJackson Estate Was No ‘Thriller’ For The IRS
The U.S. Tax Court did not – quite – tell the Internal Revenue Service to beat it. But a recent decision represented a win for Michael Jackson’s estate and provided a case study in why hard-to-value...
View ArticleShould You Worry About Inflation?
Inflation can be a frightening prospect, whether you remember the long gas station lines of the 1970s or you’ve never before seen a major jump in the price of a gallon of milk. But a little perspective...
View ArticleThe Tax Consequences Of NFTs
Based on headline frequency, 2021 is the year of the NFT. But if you plan to dive into the world of this newly popular asset, you will need to brave a complicated tax landscape. A nonfungible token,...
View ArticleAnother Spin On The Debt Ceiling Carousel
Next month, Americans will once again serve as an unwilling audience to a dramatic standoff over the debt ceiling. While I often tell my clients that matters are less dire than media coverage suggests,...
View ArticleWorking From Home But Taxed At The Office
The COVID-19 pandemic has been stressful for everyone. But if you worked remotely, and especially if you plan to continue doing so, don’t let a potential change to your taxes slip under the radar. If...
View ArticleStaff Promotions, Additions And Changes
Despite the many challenges of 2021, Palisades Hudson welcomed new staff and saw experienced staff members move into new roles this year. Six client service managers — Anthony D. Criscuolo, Melinda...
View ArticleFostering A Taste For Business
Rapper and entrepreneur William Leonard Roberts II, better known by his professional name Rick Ross, has long been vocal about entrepreneurship and the importance of generational wealth. He recently...
View ArticlePreparing A Smooth Retirement Transition
The final 10 to 15 years of your working life can feel like a last push toward a finish line. But retirement is not a point in time; it is a stage of life. Given current trends in health and longevity,...
View ArticlePlacing Faith In Estate Planning
For many Americans past and present, freedom to worship and follow their religious tradition drove their decisions to immigrate to America. Our country’s diversity, including its religious diversity,...
View ArticleTax Consequences Of Expatriation
During last month’s Olympic Games, skier Eileen Gu made headlines not only because of her considerable skill but also because she has potentially joined the ranks of Americans who have renounced their...
View ArticleTimely Estate Strategies For An Opportune Moment
Few Americans are currently subject to the federal gift and estate tax. But today, those Americans face a clearer picture of that tax’s future than they did a year ago. While some of these taxpayers...
View ArticleGreener Prospects For ESG Investing
Seeking investments to do good, not just to do well, has been gaining popularity as a wealth management approach. Luckily, as ESG funds grow up, this goal is also becoming more practical. A growing...
View ArticleRetiring To A Simpler Life Abroad Is Not So Simple
For some Americans, living abroad is a future dream; for others, it is a practical reality. Whether the impetus is a job, a loved one or simply a yearning for greener pastures, you may find yourself...
View ArticleSecuring Your IRA Goals After The SECURE Act
Estate planning is never a one-time event. Not only will your life change in ways that might require updating your plans, but Congress can also change the rules your plans reflect. While January 2020...
View ArticleManaging Remote Workers Is Nothing New
To paraphrase bestselling author John Green, businesses made peace with remote work the way you fall asleep: slowly, and then all at once. Many firms have offered some amount of telecommuting since the...
View ArticleAn ESG Investing Hazard For Fiduciaries
This article was co-authored by financial planning intern Mamie Odom. Investing with good intentions can lead to bad outcomes. This is especially true for trustees and other fiduciaries who may wish to...
View ArticleA Closer Look At Capital Gains (Part I)
Income tax planning comes in many different forms, but effective capital gains planning often has the biggest long-term impact on the wealth of successful people. What Are Capital Gains And How Are...
View ArticleA Closer Look At Capital Gains (Part II)
Keeping your approach simple has its upsides, but advanced capital gains tax planning can take your tax savings to the next level. For some people, effectively and consistently implementing basic tax...
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Shomari Hearn Becomes COO/EVP As PHFG Announces Promotions
As Palisades Hudson prepares to celebrate its 30th anniversary, four of our most experienced staff members are preparing to take on significant new roles with the firm. Shomari Hearn Managing Vice...
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