Charitable remainder trusts (CRTs) can create wonderful opportunities for charities, while providing significant benefits to donors and their families. In addition to allowing donors the opportunity to have a substantial impact on a cause they care about, CRTs provide the ability to positively impact an investment portfolio and cash flow while reducing taxes. In fact, with recent tax law changes, a CRT can be used to stretch out the tax deferral of retirement accounts for heirs. A key ... [Continue Reading]
Articles and Publications
A library of topical publications and articles written by CCM team members specifically for our clients.
As a firm dedicated to providing an integrated wealth management experience, we help our clients effectively maximize their assets and unlock opportunities to realize their personal and financial goals. An important aspect of this comprehensive approach is advising clients on the intricacies of their estate plan. One of the most consequential decisions in estate planning is who to name as trustee. The trustee’s knowledge, commitment, ability, and skill will have an enormous impact on ... [Continue Reading]
In conversations with our clients, we often talk about investment premiums, which are characteristics of companies whose stocks have historically outperformed. The three premiums we discuss most often are size, valuation, and profitability. In short, companies that are smaller in size, have low valuations, and have high profitability, have historically outperformed. In this article we’ll be specifically focusing in on the size premium. Looking back over nearly a century of market history is ... [Continue Reading]
As the chart below shows, 2020’s second-quarter rise in equity market performance was as dramatic as the previous quarter’s decline. With plenty of bumps along the way, the S&P 500 is now up more than 40% from the bottom on March 23. 1 If we view these recent extreme market events as isolated time periods, we can see the sharp contrast between the first two quarters of 2020 (Chart 1, below). These quarters were truly “tail events.” Q1 produced the fifth worst return, and Q2 ... [Continue Reading]
At the onset of the COVID-19 pandemic, the Coronavirus Aid, Relief, and Economic Security (CARES) Act was passed to provide economic relief to people across the United States. With the continued impact of COVID-19, the IRS has issued further guidance on the provisions of the CARES Act to expand the opportunity for economic relief. Coronavirus-related Distributions In March, it was announced that the CARES Act will provide favorable tax treatment for qualified individuals receiving up to ... [Continue Reading]