Many seasoned investors are getting a little worried about stocks rising to 5,100 for the S&P 500 ( SPY ). This is because earnings growth is almost non-existent and thus share prices are going to elevated levels. This could point to a nasty correction ahead. That's why you'll want to tune in to Steve Reitmeister's…
Read More
This article is the second in a series considering the downsides of trust dead-hand control in trust planning. In the first article, we addressed the challenges and limitations of traditional trust planning.1 We will now address the downsides of the relatively new phenomenon colloquially referred to as “silent beliefs” or “quiet beliefs.” Source link
Read More
Chairman and Chief Executive Officer i WK Kellogg Co Gary Pilnick is taking heat online after suggesting that financially strapped Americans should eat cereal for dinner during a recent interview. Pilnick appeared in an interview with CNBC last week, where he promoted the brand's latest ad campaign with the tagline: “Give Chicken the Night Off.”…
Read MoreA properly drafted buy-sell agreement (buy-sell) is an important component of a successful family business succession plan. Its main purpose is to ensure the stability and continuity of a family business in a time of transition (such as the death of a controlling shareholder) through the use of ownership transfer restrictions. Typically, such agreements prohibit…
Read More
What is the most challenging element of running a startup? For many, it is the fear of the unknown. Will your business take off, or will it flop? What will you be doing in the next year or two? This fear stems from the fact that running a successful startup is incredibly difficult. It is…
Read MoreYou've probably noticed, there's a lot of noise on Capitol Hill, but not much action. Election years make the noise louder and more chaotic. It feels like our lawmakers are often more interested in their poll numbers, or the latest social media post, than helping the 59% of those who work for America's largest private…
Read More
Tuesday, Sony announced The layoffs will affect 900 jobs in its PlayStation division, or about 8% of the unit's staff worldwide. The move follows other video game holidays this year, such as of Microsoft decision to let go of 2,000 people at its games division and Unity Software”reset the company” which included eliminating 25% of…
Read More
Family cohesion is essential for the well-being and sustainability of families and their enterprises. This includes both immediate family members and extended multigenerational family systems of any size and complexity. Building a strong foundation of family cohesion is an often-overlooked starting point when wealthy families begin estate planning, succession efforts, and developing the next generation…
Read More
Nvidia, a leading figure in the technology industry, is under intense scrutiny as it prepares to release its earnings report. of the market is gearing up for a significant change in Nvidia stock, with forecasts indicating an increase or decrease of 11%. This potential fluctuation is not just a number; it is of historic importance…
Read MoreThe scenario is very common. Founders (or non-founder owners) of a family business understand that it's time to do some estate planning. Their email inboxes are flooded with alarming announcements that the US estate tax exemption is shrinking or going away and that tax rates are going up – soon. They are urged to act…
Read More