Building Your Philanthropic Legacy: Charitable Remainder Trust
A Charitable Remainder Trust (“CRT”) is an irrevocable trust that provides income to the donor or other noncharitable beneficiaries for a specified period of time, with the remainder going to one or more charitable organizations upon termination of the trust. An important aspect of the CRT is that the trust itself is tax-exempt and the…
Read MoreWeekly Market Insights 08.05.24
Welcome to a Correction Financial Markets This past week was punishing for investors, and the market weakness has only intensified a few hours into the market open. Interestingly, last week began in good shape. Investors awaited the Federal Reserve’s rate decision and Chairman Powell’s post-meeting press conference, which went very much as expected. While the…
Read MoreWeekly Market Insights 07.29.24
A Dramatic Week Financial Markets Investors had much to ponder this past week. Developments in the presidential race, earnings announcements, and notable economic releases topped the list. While President Biden’s withdrawal from the race added another wrinkle in an already eventful election season, politics was not a major factor in the markets last week. The…
Read MoreBuilding Your Philanthropic Legacy: Charitable Lead Trust
Is a Charitable Lead Trust (CLT) Right for Me? If you are charitably-inclined and wish to benefit your family, a CLT may be right for you. The main benefits of a CLT are the potential reduction in gift and estate taxes for the non-charitable beneficiaries and, in the case of a grantor trust, an upfront…
Read MoreWeekly Market Insights 07.22.24
The World Turned Upside Down Financial Markets It was an interesting week in the equity markets! We saw the start of a potential market rotation, and the week ended with a global tech outage stemming from a single software update from CrowdStrike. Often, after a volatile week in the market, investors and analysts begin to…
Read More1919 Investment Counsel Recognized by Financial Advisor Magazine as Top 2024 RIA Firm
We are proud to announce we have been recognized in Financial Advisor Magazine’s 2024 RIA Survey & Ranking as a top firm among registered investment advisors (RIA) with $1 billion of assets and over in the U.S. This ranking celebrates top-level RIA firms that offer comprehensive planning and financial services to help their clients navigate…
Read MoreBuilding Your Philanthropic Legacy: Private Foundations
A private foundation is a type of non-profit, tax-exempt organization that is typically funded by an individual, family, or corporation to support charitable causes through grant making and allows donors to establish a philanthropic vehicle under their control to make grants in line with their charitable interests, while benefiting from tax advantages. Key Points: Private…
Read MoreInvestment Review & Outlook – July 2024
Key Takeaways While the US economy has remained resilient in 2024 due to a strong labor market and moderating inflation, there are several indications that growth is beginning to slow, although not enough to bring about a recession. Despite rich valuations and concentrated performance, the equity market reached new highs propelled by select AI-related stocks and…
Read MoreWeekly Market Insights 07.01.24
Soft Market, Disappointing Debate Financial Markets Last week, investors lived through a lackluster market and a very disappointing presidential debate. Anyone looking for entertainment or fireworks was sorely disappointed. The potential TV audience must have recognized that in advance since the viewership was down significantly from previous debates. Completing a rousing first half of 2024, the market…
Read MoreBuilding Your Philanthropic Legacy: Donor-Advised Fund
A Donor-Advised Fund (DAF) is a charitable giving account administered by a public charity that allows donors to make tax-deductible contributions and then recommend grants from the fund to qualified charitable organizations over time. Key Attributes: Donors contribute cash, securities, or other assets to a DAF account and receive an immediate tax deduction of up…
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