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Archive for May, 2013

Household Wealth on the Rebound

Posted May 1st, 2013

Many Americans feel wealthier today than they have since before the Great Recession began in the fall of 2007. According to the latest data¬†from the Federal Reserve, household net worth reached $66.1 trillion in the fourth quarter of 2012. That figure is the highest reported since the third quarter of 2007, when household net worth …Read More

Charitable Trusts May Soon Be on the Rise

Posted May 1st, 2013

While donors enjoy a number of options when it comes to planning gifts to charitable organizations, recent changes may lead to increased interest in tax-favored charitable trusts. Conditions including a¬†combination of higher income and capital gains taxes and record levels of house-hold net worth are contributing to an environment that is again favorable for the …Read More

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