Wealth Management Planning

Samsung and Rockefeller: Tales of Chaebols and Trusts

The economic and political systems of South Korea are roiling with accusations of corruption and influence-peddling encompassing every major industry, rising all the way to the office of the president. These accusations are the latest public outcry against South Korea’s particular brand of busines[...]

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Generational Cheddar: Three Models for Innovation in Family Tradition

Recently, when composing a cheese tasting for my family, I took full advantage of the dizzying variety of cheeses available here in the state of Wisconsin. Each of the three cheddar cheese varieties we tasted were “generational cheddars,” cultivated from generations of family history in the chee[...]

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Strategies for Financially Smart Women

A recent survey of women professionals with income above $250,000 [i] revealed that many have legitimate financial concerns related to aging parents, the ramifications of government gridlock and catastrophic health care planning. Volatile stock markets are a concern, and many also identified the imp[...]

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Year-End Tax Strategies and Moves to Update your Financial and Estate Plans

Co-Author: Tracy Dalton, CPA, JD, LLM   Year end is an important time to reflect on both the current year and your long-term financial goals. To that end, we want to share annual year-end tax and financial planning suggestions that look at both the current year and the broader plan. The elep[...]

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Of Caves and Vineyards and the Power of Shared Family Stories

Everyone loves a good story. Ultimately a story’s power flows from how it tells us about who we are, collectively as a human family. One of the most powerful experiences of working with family-owned enterprises is learning family stories. As human as our love of stories may be, practitioners servi[...]

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Your Annuity Guide – Part Four: Annuity Strategies

This is the final post in my series, “Your Annuity Guide.” So far I’ve reviewed Immediate and Longevity Income Annuities, Deferred and Equity Indexed annuities and in Hybrid Long-Term Care products. Now that we have a basic understanding of the types of annuity products available, let’s [...]

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Your Annuity Guide – Part Three: Hybrid Long-Term Care Products

This is the third part in the series, “Your Annuity Guide.” The series reviews the different types of annuities, and provides insights into when and how each type can be used. In Part One, we discussed Immediate and Longevity Income Annuities, and in Part Two, we reviewed deferred and equity ind[...]

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Your Annuity Guide – Part Two: Deferred & Equity Indexed Annuities

This post is the second part of our four-part series, “Your Annuity Guide.” For the series, we’re reviewing the various types of annuities, and sharing insights into when and how each type can be used most effectively. Part One of the series discussed Immediate and Longevity Income Annuities. [...]

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Family Mediation Is No Role For Family

Conflicts arise in every business setting. When they involve family members, there can be a very volatile set of emotions to handle. Sometimes the simple adages of “Father knows best” and “My mama said” are appropriate to resolve family conflicts, but these pithy phrases rarely are effective[...]

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Your Annuity Guide – Part One: Immediate and Longevity Income Annuities

According to the Insured Retirement Institute (IRI), $56.7 billion of annuities were sold first quarter of 2016, a 7.6% increase over first quarter 2015 sales. Fixed annuity sales were at their highest levels in seven years, but variable annuity sales were down. At the end of 2015 there was a total [...]

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