[Note: To view the entire chart, please click here. This article is an updated excerpt from a presentation Jay Friedman delivered at JCF’s CLE/CPE Seminar on June 6.] As a result of the enactment of the Medicare surtax, which is now applicable to both earned and investment income, effective individual income tax rates are now different for…
GAMCO’s Mario Gabelli addressed a standing-room only crowd at JCF’s Advisors Breakfast on April 18 at the Omni Berkshire Place Hotel in Manhattan. He spoke about the topic: “Value Investing – is it Still the Way to Go?” Attendees included Trust & Estate attorneys, financial advisors and family office professionals. If you haven’t already, check…
It seems that we dodged a bullet at the end of the year when the American Taxpayer Relief Act of 2012 spared the charitable deduction. With all the talk during last year’s budget season about limiting the tax benefit to 28% as well as what passed for dialogue during the Presidential campaign about placing overall…
Done well, seminars and blogs brand you as the expert, and directly lead to new business, new word-of-mouth referrals, and more speaking engagements. Done poorly, it can be a waste of your time and money. Well, not a total waste: At least you’re getting your name out there. But will they remember it? Will they…
Wealthy individuals often have the bulk of their net worth tied up in highly-appreciated, illiquid assets such as real estate or privately-held businesses. This lack of liquidity can make charitable planning quite challenging, as few charities are adequately prepared to accept donations of such illiquid assets directly, and if the donor chooses to sell the…