Evercore Wealth Management
Charitable planning often takes into account the role that next-generation family members will play in serving as trustees and successor trustees of foundations, donor advised funds and other vehicles. With four generations above the age of 21 in American society today,…
Fifty years ago, wealth management typically started with a man-to-man conversation about the investor’s income, savings, and goals.
I know life isn’t fair, but why is it never unfair in my favor?
There’s more to financial planning than death and taxes. Sure, legacies – for spouses, children, and charities – are a big deal. And tax efficiency should underpin every aspect of the discipline, especially now as we prepare for a new…
Investors have for years utilized family-controlled entities as part of their estate and wealth transfer planning to shift assets to succeeding generations while minimizing transfer taxes, facilitating succession and governance planning, and enhancing long-term family asset management.
The volatility of the past seven months, after a seven-year bull market, the longest on record, has shaken investor confidence and reminded us all that traditional investment plans can jeopardize financial security and thwart aspirations.
As we celebrate this season’s crop of graduates, it’s worth keeping in mind that this is a challenging time to enter the workforce. Employment rates for college graduates have improved since the Great Recession but remain well below 2007 figures,…
Consider a married couple in their early 60s who wish to create a trust to provide for their children and grandchildren. Like many people who have accumulated wealth, they have a large – and still growing – concentrated holding that…
Increasingly, our lives are conducted digitally. From communicating with loved ones, to storing documents and photos, to conducting financial activities, a significant portion of our activities are online. What happens to our digital lives upon death or disability – and…