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Archive for July, 1997

In the News …

Posted July 1st, 1997

Assets in the market, not in the bank The highest in three decades, the percentage of financial assets that American households have invested in stocks has reached 51%. Bank deposits and bonds are losing money as the “equity cult” invests every other dollar in the stock market, according to Martin Barnes, managing editor of The …Read More

Bequests by the Numbers

Posted July 1st, 1997

Several years ago, the National Committee on Planned Giving undertook a national survey that revealed, among other things, that only 5% of the population had included charitable provisions in their estate plans. Another survey by U.S. Trust Bank, on the other hand, indicated that approximately 50% of affluent Americans intended to include charitable entities in …Read More

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