Canada provides a safe and tax-efficient alternative for wealthy families seeking a residency strategy to protect their wealth and a place to set up a family office. The country has neither gift nor estate taxes and offers tax-reduction structures for wealth immigrating families.
The five stages of raising the next wealth owning generation of a family and principals of each stage.
The holidays are a time for relaxing with family and friends. Unfortunately, criminals use this time to shift into high gear. Crime statistics from October indicate this year will be no exception to the historical trend, but you can take steps to help avoid becoming a victim of burglary or theft.
Like cost-benefit analysis in the for-profit world, social return on investment provides guidelines that can help charitable organizations to think more strategically about outcomes and show accountability. But if SROI is to be a successful tool, analysis indicates its principles need to be applied with greater rigor.
We believe emerging markets investment in significant size will be essential to achieving above average portfolio growth in equity markets, public or private. Currently, we believe a commitment to emerging markets should fall in the range of 25% to 30% of marketable equities and private equity.
Analysis shows the inflation hedging benefits of long-term investments in commodities, which have a low correlation over time with equities. Diversification with a broad basket of commodities is best to smooth out the volatilities of individual commodities, such as oil or gold.
A moderate level of economic confidence has returned to a number of segments of the economy. If the current trajectory of confidence indicators remains intact, as we believe it will, 2011 is likely to be a reasonably constructive year for both economic growth and risky asset performance.
Researchers examine the trade, economic and financial linkages between China and the rest of the world and consider the implications of those linkages if growth in Chinese gross domestic product should slow in the future.
Suggestions for how to preserve a family legacy across generations include not letting shared assets become liabilities, recognizing that family businesses are businesses, communicating in the way that works best for family members, acknowledging family dynamics and choosing trustees carefully.
Philanthropy appears set to increase among the wealthy, according to a survey of millionaires in 20 countries. The United States, Ireland, South Africa and India lead in donations of both money and time.