November 29, 2016

ACTEC 2016 Fall Meeting Musings


Seminars at the ACTEC 2016 Fall Meeting are summarized. The summary includes elder law issues, various professional practice issues, and the lawyer as a witness (fact witness, expert witness, or witness as a party to litigation)....

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LEGACY PLANNING INSIGHTS

Planning Implications of Possible Estate Tax Repeal (November 2016)

December 2016



Legislative proposals to repeal the transfer tax and the "reconciliation" process under which tax reform would likely proceed are described, together with planning implications of possible repeal of the estate tax and other reform measures.

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True v. Commissioner, (Tax Court petitions filed October 11, 2016)

November 2016



The IRS is attacking gifts and sales made subject to "Wandry" and price adjustment clauses. The IRS has been looking for the "right case" to attack Wandry clauses. Apparently, this is that case.

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Estate Planning Current Developments and Hot Topics (Second Half 2016) (November 2016)

November 2016

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BESSEMER INSIGHTS

Quarterly Investment Perspective: A Tale of Two Tails (October 2016)

October 2016

Investing requires a view of the future. Without certainty, the best one can do is examine potential scenarios and thoughtfully assign probabilities to different outcomes. Portfolios are then constructed accordingly.

In this edition of our Quarterly Investment Perspective, Chief Investment Officer Rebecca Patterson explores a few possible left-tail risks for the year ahead as well as explore the cost and complexity of hedging those risks.

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Quarterly Investment Perspective: America the Beautiful (July 2016)

July 2016

Chief Investment Officer Rebecca Patterson explores our economic and investment outlook and how Bessemer is positioning portfolios as a result.

Specifically, she examines how countries and regions have performed at the ends of economic cycles, considers what could prove different this time around, and makes the case for likely continued U.S. outperformance in a recession or prolonged market downturn. She also discusses current portfolio positioning and how it is likely to change as we see signs that the end of the economic cycle is near.

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Quarterly Investment Perspective: Recession and Recovery (April 2016)

March 2016

In this Quarterly Investment Perspective, Chief Investment Officer Rebecca Patterson examines the cycles of recessions and recoveries and why understanding them is critical to successful asset allocation. She also discusses why the investment team does not foresee a recession this year, but rather late-stage economic expansion, and what that means for Bessemer portfolios.

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Quarterly Investment Perspective: What Will Emerge in 2016 (December 2015)

December 2015

Chief Investment Officer Rebecca Patterson provides a brief summary of our outlook for 2016 through an emerging markets lens.

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