February 2023 – By Kyle Rohrwasser
According to the Case-Shiller National Home Price Index, American home values fell roughly 25% from the beginning of 2006 to their bottom in early 2012. Since that low point, average home prices in America have skyrocketed, largely due to low-interest rates, government quantitative easing, and the involvement of large real estate companies purchasing single-family homes as investments. These three major factors created a market where debt was cheap, excess dollars were present in the system, and homes were scarce – a trifecta for increasing real estate values.
February 2023 – By Tom Rueger, J.D., CFP®
Fred and Wilma have done well during their lifetime and accumulated a significant net worth. Now they are looking into their options for estate planning. The 2017 Tax Cuts and Jobs Act increased the federal lifetime gift and estate tax exemption to $12.92M/$25.84M for 2023, but it is set to expire on 1/1/2026 (and revert back to the prior amount of $5M, adjusted for inflation). Fred and Wilma are concerned that their estate will be liable for significant taxes if the exemption returns to its prior amount in a few years. They want to remove assets from their estate without making current gifts to their children as they are concerned it might affect their future standard of living. A SLAT could be the solution.
February 2023 – By Scott Rosenquist, CFA®
Artificial intelligence is no longer mentioned only among Science Fiction fans. The release of OpenAI’s ChatGPT in November last year brought artificial intelligence to the forefront for many, but even more so for investors as they scramble to figure out the implications of such technology.