Trusts are a common way to pass on assets from an individual or family to others. They make transferring assets easier, reducing fees associated with settling an estate and avoiding probate. However, trustees have a fiduciary duty to act in the best interest of their beneficiaries and should only withdraw funds following the terms of […]
Read MoreThe Securities and Exchange Commission (SEC) recently proposed amendments that would mandate swing pricing for most funds. While this is an interesting concept that could benefit shareholders, it poses some challenges. Under the proposed amendments, a purchase or redemption order would be eligible for a given day’s price only if received by an Open-End Fund, […]
Read MoreThe crypto market is in a major crash. Many cryptocurrency Investors have lost a ton of money, including Binance CEO Changpeng Zhao and FTX founder Sam Bankman-Fried. But the good news is that a key tax loophole allows crypto investors to exploit short-term capital losses, which could help them get out of losses quickly. But […]
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