News & Insights

(Charlotte, NC) Colony Family Offices® is pleased to announce Kristin Lewis as the newest member of our team. Kristin brings valuable experience to Colony, having served affluent families across the Southeast.  Kristin brings a comprehensive understanding of the specific needs of...

There were no significant tax legislative changes during 2019 except that Congress and the President approved a $426 billion bipartisan tax cuts package addressing tax extenders, retirement savings and various technical corrections to the 2017 Tax Cuts and Jobs Act the week before Christmas. The tax...

Choosing a trustee is one of the most important decisions people make when they decide to create a trust. Who they select depends on a variety of factors, including the purpose and complexity of the trust, how long it’s designed to last and the powers they plan to give to the trustee. The best...

Colony Family Offices is pleased to announce that it is a Bronze Sponsor of the 2019 Southeast Regional Meeting of The American College of Trust and Estate Counsel (ACTEC). The conference will be held November 7-10, 2019 at The Westin Poinsett. Established in 1949, The American College of Trust...

Colony Family Offices is pleased to announce that it will be a Gold Sponsor of the 41st Annual Duke University Estate Planning Conference. The conference will be held October 10-11, 2019 at the Duke University School of Law. This two day conference consists of a series of lecture sessions designed...

The attached summary provides a refresher on the Generation Skipping Tax (“GST”) tax rules and highlights often overlooked filing requirements when a trust either terminates or makes a non-terminating distribution to a skip person. The GST tax consequences of outright gifts to a skip person is...

Despite a few bouts of volatility, risk assets are broadly higher thus far in 2019. Yet, bond yields have plunged, signaling a weak economic outlook and expectations of further central bank easing. To be sure, the global expansion has decelerated and become more uneven—but our base case macro...

Colony Family Offices is pleased to announce that it will be a Silver Sponsor of the 40th Annual Estate Planning & Fiduciary Law Program. The conference will be held July 25-27, 2019 at Kiawah Island, SC. The North Carolina Bar presents this advanced-level CLE program to experienced attorneys...

Colony Trust Company is pleased to announce that it will be a sponsor of the South Carolina Bar’s 2019 Al Todd Estate Planning Workshop (www.scbar.org). The conference is held July 12-13, 2019 at Kiawah Island, SC. The South Carolina Bar presents this advanced-level CLE program biennially to...

Volatility spiked early last week after President Trump upended the expectation for an imminent trade agreement. After concluding that the Chinese were reneging on terms they had agreed to during earlier bargaining rounds, Trump opted to more than double tariffs on $200 billion in Chinese imports...

In late March, part of the U.S. Treasury yield curve “inverted” for the first time since 2007.  Specifically, the yield on the 3-month Treasury note rose above the yield on the 10-year Treasury bond. Over the last several months, there has been a lot of angst about the potential risk of an...

Final regulations governing the selection, designation and power of partnership representatives were issued on August 6, 2018. On December 21, 2018, the Treasury and the IRS issued final regulations addressing other aspects of IRS partnership audits. If your family owns a family limited partnership...