3 results for tag: Wealth Preservation


The Upside of Today

"The Problem is We Keep Making the Same Mistakes" - Yogi Berra Amongst the doom, gloom, and sequestering during our current COVID-19 pandemic are vast opportunities. Our collective “Family Office” perspective for Ultra-High-Net-Worth families must consider how best to rearrange holdings and allocations given our disrupted world order. In startup terms, it is time to pivot. Profits are a function of risk. Value is derived from aligning affordable risk with a proper time horizon. Great business models fail if operated too long or for too short. Families ride with our economic tides whose wealth is never immune to the general forces of a ...

Our Road Map to Understanding the Pending Tax Reform

Taxation in the USA is a delicate balance of social policy, fantasy economics, revenue raising, and a solid dose of political hope that it lasts long enough to get an incumbent re-elected without Accountability. Now we're on our way to understanding the Pending Tax Reform. Congress has just passed and has sent to the President a sweeping change in tax rules and regulations. There is a serious burden shift between corporate taxation and individual taxation. While ultimately only “people pay taxes” I have been on the record of being against this current legislation as it is incomplete and lacks a cohesive bi-partisan perspective that I ...

The Future of Tax Reform is a Long and Winding Road

What are some of the things we should be thinking about? It will have hills and valleys and undulations and peaks, vistas, views and frustration We are a $20-Trillion economy; it’s difficult to model this We have obligations that we want to support, but we have to fund them We have a lot of demands on infrastructure What about civic services and humanities? This is a topic that’s been top-of-mind for us at Morris+D’Angelo for quite some time now. Here’s what we could reasonably know at this point in the discussion. Remember, beyond the uncertainty around the top individual tax rate, the framework of what we know leaves a ...