Retirement Watch Weekly
Updated Estate Planning for Family Limited Partnerships
Soon after I updated the tax status of family limited partnerships for our July visit, the Tax Court ruled in another FLP case. The decision went against the taxpayers and again dimmed the enthusiasm of many tax advisors for FLPs. I’m not as pessimistic about the decision, but it does add some uncertainty and should […]
Navigating Troubled Markets
Fear stalks the markets these days. The last few months we gradually added protection against such a surge in investor pessimism. Those moves served our portfolios well in the recent downturn and will help if things get worse. Don’t try to forecast whether this is a correction or a new bear market. It is a […]
High-Return, Low-Risk Hedge Alternatives
Our Alternative Portfolio, also known as our “hedge fund” portfolio, remains on its track of strong, steady returns. The quarter ending June 30 was slower than prior recent quarters, ending with a small loss, but it still did better than the major stock indexes. New investors to the portfolio, however, will have to make some […]
Dangers of the Private REIT
Real estate investment trusts have been important parts of our portfolios. Cohen & Steers Realty Shares has outperformed the S&P 500 for the last 10 years, for each of the last four full years, and so far in 2004. Unfortunately, the good news about real estate and REITs is being used to entice investors, especially […]
How Much to Save and Invest for Retirement
Americans are confident they will have comfortable retirements. Seventy percent of Americans age 25 and older told the Retirement Confidence Survey for 2004 they are confident of achieving a comfortable retirement. Yet only 58% were actively saving for retirement, and only 42% ever tried to calculate the amount of money they will need in retirement. […]
HIPAA-compliant Estate Planning
The law of unintended consequences has struck again. Because of it, some standard Estate Planning tools need to be reworked, and existing plans might need some revisions in the next few years. Congress decided Americans’ medical privacy needed more protection, so in 1996 it passed the Health Insurance Portability and Accountability Act, known as HIPAA. […]
Reasons to Avoid Dying Intestate
Americans put their wills on the backburner in recent years, and it could cost their estates and heirs plenty. The data is clear. In 2004 only 42% of adults had even a basic will, versus 47% in 2000, according to legal publisher Martindale-Hubbell. Other studies have similar results. LegalZoom.com found that only 75% of adults […]
Behind the Headlines on Prescription Drug Prices
In my files are a series of reports detailing the rapid rise in the cost of medical care for Americans, especially for seniors. The good news is that the numbers in the reports aren’t terribly accurate. The bad news is that these reports are used to scare people, especially those in and near retirement, and […]
