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...
Greetings from all of us at Colony Family Offices. We hope you are enjoying the season. Given the significant sell-off in equities and other risk assets over the last several weeks (despite yesterday’s strong gains), we are sharing our perspective. Here’s the summary: There’s been no...
We want to provide an update regarding year-end planning within your taxable investment accounts. As noted in our previous communications regarding the recent market backdrop, 2018 has been a period of increased volatility coupled with mixed performance. We understand that experiencing these...
Tax planning at year-end always presents opportunities, especially in a year that involves significant new tax legislation. This memorandum outlines key provisions of the 2017 Tax Cuts and Jobs Act even though many of the basic principles remain for year-end planning: defer the recognition of...
As you are likely aware, volatility has continued in October and we’ve seen some dramatic price swings. Equity markets experienced another steep selloff yesterday as selling pressure increased late in the day. For example, the S&P 500 Index declined 3.1% and erased its year-to-date gain...
