The current interest rate environment has created an unusual opportunity to maximize life insurance cash values.
This issue of FourThought explores the questions which arose for a multigenerational family — questions about ultraluxury travel, private aviation, emergency medical care, and personal security — as they planned a trip to Tanzania for a safari on the Serengeti Plain. In a trip designed personally for the family, each element of the trip has been tailored to the requirements of all three generations as they travel together.
Purposeful travel is using travel as a shared family experience designed to strengthen the family's common purpose. There are endless opportunities for a family to engage in purposeful travel without at the same time holding a family meeting.
PWC presents findings from the 20th anniversary edition of the Global Private Banking and Wealth Management Survey. The study looks at industry performance, markets, clients, products and services, human capital, operations, technology, risks, and regulatory challenges. Key findings include:
The decision to immigrate to the United States for a wealthy individual or family has serious income and wealth transfer tax considerations. Arranging one’s personal, financial and business affairs prior to moving to the United States through proper pre-residency tax and estate planning is essential in order to avoid a myriad of unwelcomed issues.
This paper examines the advantages and disadvantages of four compliance options available to U.S. taxpayers who have not reported all of their non-U.S. income or who have not complied with all of the various reporting requirements applicable to non-U.S. income and assets.
Investors are bombarded by a variety of investment strategies and alternatives from an ever-growing and increasingly complex financial industry, each claiming to improve returns and reduce risk. Amid the clamor, academic and practitioner research has sifted through the vast landscape and found four intuitive investment strategies that, when applied effectively, have delivered positive long-term returns with low correlation across a multitude of asset classes, markets, and time periods using very liquid securities.
Business owners and managers are looking to get rid of operational bottlenecks caused by outdated methods of storing and retrieving documents.
On June 26, 2013, the Supreme Court of the United States issued two groundbreaking opinions regarding same-sex marriage. The rulings will substantially impact financial and estate planning for same-sex couples living in jurisdictions that recognize same-sex marriage. Now is a critical time for same-sex couples, regardless of their legal status, to review their estate plans to ensure that they are optimally structured.
Newly appointed Prime Minister Shinzo Abe wooed voters by promising to end its decades-long economic and market malaise with the three arrows of Abenomics: fiscal stimulus, monetary easing and structural reform. Abe quickly launched the first arrow by passing fiscal stimulus of roughly 2% of GDP. The Bank of Japan subsequently fired the second arrow by announcing a 2% CPI inflation target and more quantitative easing. This paper discusses why the authors believe the third and most important arrow - deep structural reform - will disappoint investors and drive Japanese equit