When To Convert The Traditional IRA Into A Roth IRA by The Trusts and Estates Department at Wiggin and Dana LLP
According to Bob Benjamin a partner in the Trusts and Estates Department, Wiggin And Dana, prior to 2010, an individual could convert a traditional IRA into a Roth IRA provided his or her modified adjusted gross income did not exceed $100,000. Starting in 2010, an individual may make such a conversion regardless of his or her annual income. ... [ Full Story ]
Tax Rates for Top 400 Earners Fall as Income Soars, IRS Data by David Cay Johnston
The figures show that widely published reports asserting that the richest Americans are losing relative ground and "becoming poorer" are not supported by the official income data.
The Financial Reform Train Wreck by Michael Lewitt
Just as with the tax on banks, the Volcker Plan misses the point, which should be to legislate the financial products that cause damage, such as naked credit default swaps. ... [ Full Story ]
Capital Gain Management: An Investment And Tax Strategy by Brian Campeau
By properly managing tax loss selling in the coming years, the investor could be able to apply losses realized at a lower tax rate, against possible realized gains taxed at a higher rate. ... [ Full Story ]
Collaring Stock Positions Can Reduce Risk by Libby Dubick
While accumulating stock in a growing company has created wealth for many investors, it can also create an investment risk when it results in a concentrated position. Collars can help reduce this risk. ... [ Full Story ]
Investment Outlook: Top Market Strategists See Steady Growth in 2010 by The Editors of Wealth Management Exchange
J.P. Morgan's Dr. David Kelly believes "some of the best investment opportunities may lie in considering not what could possibly go wrong, but rather what will probably go right." ... [ Full Story ]
Lessons from Brazil: Why Is It Bouncing Back While Other Markets Stumble? by Knowledge@Wharton
The World Bank predicts that if Brazil continues on the path it is on now, it will move from being the tenth largest economy in the world today to the fifth largest by 2016 ... [ Full Story ]
Impact Of Dubai Crisis May Yet Unfold by The Editors of Wealth Management Exchange
We have learned not to take at face value assurances that any financial crisis is small and contained. ... [ Full Story ]
Geopolitics And The Case For Gold by Nick Barisheff
An event whose implications may require some extrapolation was the move by the Chinese government to encourage and facilitate gold buying by the Chinese public. ... [ Full Story ]
Emerging Manager Funds: An Entrepreneur Approach to Alternative Assets by Frances Nagy
As the search goes on for viable and profitable alternatives to traditional assets, now may be the right time for investors to explore emerging manager alternative funds and invest in entrepreneurship. ... [ Full Story ]
'True Turnaround Specialists' Are Poised To Survive In Today's Challenging Private Equity Market by Knowledge@Wharton
Private equity is turning away from traditional leveraged deals and toward investment in distressed companies.
IRS Steps Up Enforcement of Foreign Account Reporting by Barbara Langkau
With the IRS cracking down, investors should review all investment relationships to determine if foreign account reporting is required and has not been inadvertently overlooked. ... [ Full Story ]
Making Gifts Today Can Lock in Favorable Estate Tax Exemptions by Gail Cohen
The estate planning landscape is scheduled to change significantly on January 1, 2010. There is much speculation that Congress will delay, or even revise these legislated changes. Here is a strategy to consider that could save you estate taxes in this period of uncertainly. ... [ Full Story ]
Life Insurance May Add Liquidity In Estate Planning by Randy Fox
Much family wealth is comprised of illiquid assets. It may be a family business, real estate holdings, collectibles or other assets. Lack of liquidity always makes distribution of an estate evenly among heirs more difficult. One solution may be life insurance. ... [ Full Story ]
Planning for Collectibles In The Family Portfolio by Randy Fox
Most collectors don't discuss their collections with their investment advisors but this asset class sorely needs attention. For many families, normal collections may represent around 10% of total wealth. ... [ Full Story ]
Estate Planning: The Crucial Choice Of An Executor by Carl "Skip" Rapp
Choosing an executor is critical for your estate. Done right, it can ensure a smooth transition for your family, and relieve some of their stress. Done wrong, it can cause more than just hard feelings. ... [ Full Story ]
Business Owners Look To Family Offices For Wealth Transfer And Succession Planning by Don Wilkinson
It could be advantageous for the business owner to follow the family office model if he intends to retain the business for future generations, with the ultimate goal of preserving long-term wealth and keeping it in the family. ... [ Full Story ]
Why Madoff Matters by Wayne Cooper
Madoff is going to make life harder for honest money managers too. There will likely be a lot more pressure to regulate hedge funds and money managers, and there will be a lot more skepticism from clients and prospects. ... [ Full Story ]
Dos and Don'ts For My Financial Advisor by Giles Goodhead
Frankly, my financial advisor could do better, a lot better. I don't necessarily mean better returns, nice though that would be. I mean customer service, bedside manner, call it what you will. But basically it's adding value to the relationship. ... [ Full Story ]
Year End Planning for 2009: Tax Strategies by David Stafseth, CPA
As 2009 nears its end, it is time to review your personal income tax situation and consider your available options for tax savings or tax deferral. There have been a significant number of tax changes in the last few years, and 2009 is no exception ... [ Full Story ]
"Disciplined" Rebalancing Keeps Your Portfolio in Check by The Analyst Team At Vogel Consulting
Disciplined rebalancing in an up market forces an investor to sell high and prevents riding the winners too long.
Strategy Diversification: Will It Replace The Asset Allocation Model? by Emanuel Balarie
Strategy diversification is an investment portfolio tactic that focuses more on diversifying your funds across a variety of non-correlated investment strategies, than on diversifying it across different asset classes ... [ Full Story ]
Investment Managers Bullish for the Short Term by The Editors of Wealth Management Exchange
What a reversal. According to Mark Eibel author of a major study from Russell Investments, top investment managers are bullish on most asset classes, including high yield bonds and equity. Cash and Treasuries get low marks.
The Family Foundation: Charity, Family Involvement and Tax Benefits by Don Wilkinson
Now
is a good time to take a break from the stresses of recent days and focus
on giving to those truly in need. Setting up a family foundation has
numerous benefits including involving your children in meaningful
charitable giving projects. ... [ Full Story ]
Charitable Giving As a Bridge Between Generations by Joe Calabrese
Approached sensitively, charitable giving can be a wonderfully unifying force. Children can be quite positive about funds designated for charities when they are allowed to have a role in the charitable decision-making. ... [ Full Story ]
Earthquakes, Cyclones, Tornadoes: What You Can Do to Help by Glenn Demby
Earthquakes in China; cyclones in Myanmar; killer tornadoes in the Midwest and Southeast U.S. The world has been rocked by a series of devastating natural disasters in the past week. If you want to help, here are some of the organizations you can contact. ... [ Full Story ]
Transferring Wealth to Charities: What are Your Options? by Iris Krieg
Get a sense of which charitable vehicle or vehicles most suit your needs and interests. ... [ Full Story ]
Lessons in Successful Market Investing by Catherine Shenoy
What is successful investing? With the Applied Portfolio Management (APM) program at the University of Kansas, Kent McCarthy, the founder of the program, and I have had the opportunity to observe many types of investors and investment thinking. Just as there are many ways to define success in life, successful investing is also multi-dimensional. ... [ Full Story ]
Holidays are an Ideal Opportunity For Communicating Values to the Next Generation by The Editors of Wealth Management Exchange
The Thanksgiving holiday is an ideal time to pull back from the daily concerns that preoccupy us and focus on issues that truly matter - family and values. ... [ Full Story ]
How To Teach Your Child How To Invest by Neale S. Godfrey
You can help make investing an enjoyable and educational experience for your children ... [ Full Story ]
Wealth Management Exchange and CFA Institute present "Equity Investing 2010" with Steven Galbraith
Wealth Management Exchange and Standard & Poor's present Sam Stovall, S&P Chief Investment Strategist on: "Outlook 2010"
Other relevant programs
Investment Strategies - Seeing Growth in Emerging Markets - Bloomberg
According to Bob Benjamin a partner in the Trusts and Estates Department, Wiggin And Dana, prior to 2010, an individual could convert a traditional IRA into a Roth IRA provided his or her modified adjusted gross income did not exceed $100,000. Starting in 2010, an individual may make such a conversion regardless of his or her annual income. ... 
Just as with the tax on banks, the Volcker Plan misses the point, which should be to legislate the financial products that cause damage, such as naked credit default swaps. ... 
By properly managing tax loss selling in the coming years, the investor could be able to apply losses realized at a lower tax rate, against possible realized gains taxed at a higher rate. ... 
