Economic & Market Update February 2023 Economic & Market Outlook February 2, 2023 - Markets have recently been and will continue to be driven by three key influences: monetary policy primarily emanating from the Federal Reserve, China’s COVID reopening and the growth potential therein, and the earnings and guidance reported by leading S&P 500 firms. While we remain cautiously optimistic that inflation will continue to abate, rates will stabilize, and the global economy will not fall into recession, the market’s assessment of the three key influences will determine the short-to-mid-term path forward.
Estate Planning What Is New York’s Estate Tax Cliff? Michael B. Fischer Frederic Behrens | January 22, 2023
Financial Planning Domicile vs. Tax Residency: What Is Domicile and How Do You Change It? Steven J. Giacona | January 10, 2023
Charitable Giving Nonprofits: Planned Giving Strategies for Donors Theodore D. Schneider | January 10, 2023
Cross-Border Planning Receiving an Inheritance From Abroad: Special Considerations for U.S. Taxpayers Frederic Behrens | January 10, 2023
Cross-Border Planning Guide to Financial Planning for Non-U.S. Citizens Living in the United States January 9, 2023 - Those living (or soon to be living) in the United States on a green card or U.S employment visa face many financial, tax and legal issues that average American citizens do not. Unfamiliarity with the U.S. tax and legal environment often leads to poor long-term financial planning decisions and costly mistakes. To make cross-border financial […]
Financial Planning Splitting Retirement Accounts in Divorce January 7, 2023 - When going through a divorce, the process of dividing assets can be a frustrating and confusing one. Retirement assets are an important issue in any divorce proceeding, since, after the marital home, they often represent the largest category of marital assets to be divided in a divorce settlement. Accounts that fall into this retirement category […]
Annual Economic & Market Outlook 2022 Review and January Outlook January 6, 2023 - Persistent inflation, carried over from 2021 and exacerbated by the Russian invasion of Ukraine and the imposition of harsh sanctions on Russia by the Western allies, was the primary driver of the global economy and markets in 2022...
Financial Planning Dividing Retirement Assets in Divorce With a Qualified Domestic Relations Order January 4, 2023 — Retirement assets are an important issue in any divorce proceeding. After the marital home, retirement assets often represent the largest category of marital assets to be divided in a divorce settlement. These assets can include 401(k)s, 403(b)s, IRAs and pension benefits provided by an employer’s defined benefit plan. Divorcing spouses will often seek to divide […]
Cross-Border Planning Wells Fargo U.S. Expat Brokerage Account Closure January 3, 2023 — At the beginning of 2021, Wells Fargo announced a reduction in service for international clients. The most impacted Wells Fargo customers include U.S. citizens living abroad (U.S. expats), green card holders returning to their home countries, and non-U.S. investors (nonresident aliens). These Wells Fargo clients may face restrictions related to their investment accounts, prohibiting them […]
Cross-Border Planning Retire in Italy? A New 7% Flat Tax May Incentivize U.S. Citizens Looking to Retire Abroad December 24, 2022 — The idea of living abroad has gained in popularity for many U.S. citizens as they plan for how to spend their retirement years. Italy, an already popular retirement destination for many Americans, introduced a tax incentive in 2019 that may help further attract foreign retirees. Italy is home to some of the most historic architecture, […]
Cross-Border Planning Investing as an American Expat December 23, 2022 — Increasingly, American citizens are moving overseas to advance their careers, to retire abroad or for family reasons. Living in another country is exciting but brings forth many new challenges. This includes adapting not only to a new culture but also a new financial, tax and legal system. Just like back home, advice from professionals is […]
Economic & Market Update Part II: What Will the Fed Do Next? December 23, 2022 — The Federal Reserve (Fed) has again raised its projection for the peak federal funds rate. So, what will they do next?
