February 1, 2016

Basis Consistency and Information Reporting; New Form 8971



The IRS has released Form 8971 and its Instructions for implementing the reporting requirements under the basis consistency legislation enacted effective July 31, 2015....

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LEGACY PLANNING INSIGHTS

Estate Planning Current Developments and Hot Topics for 2015

January 2016



This summary of current developments includes observations from various current developments and interesting estate planning issues for 2015.

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Estate of Purdue v. Commissioner, T.C. Memo. 2015-249

January 2016


This Tax Court case addresses three of the issues “on the IRS radar” that frequently arise in estate and gift tax audits.

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ACTEC 2015 Fall Meeting Musings

November 2015


Seminars at the ACTEC 2015 Fall Meeting are summarized. The seminar summaries address various Uniform Acts (addressing digital assets, trust decanting, powers of attorney, and trusts), planning for various special assets (guns, cannabis businesses, aircraft, wine industry businesses, and art), and estate and succession planning for licensed professionals.

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BESSEMER INSIGHTS

Quarterly Investment Perspective: Keep On Truckin' (July 2015)

July 2015

In this edition, Chief Investment Officer Rebecca Patterson shines a light on one specific corner of the U.S. economy: trucking. She explores what this sector can teach us about issues ranging from inflation and technology to regulation and energy. She also shows that trucking, now as decades ago, remains one of the best leading indicators of broader U.S. economic health. Her insight about the trucking sector, along with other analysis, helps bolster our conviction to be overweight equities in client portfolios.

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Quarterly Investment Perspective: Below Zero (April 2015)

April 2015

In this edition, Chief Investment Officer Rebecca Patterson dives deep into what has pulled global inflation and bond yields dramatically lower in recent months — in many cases below zero. Then, looking ahead, she discusses her team’s views on inflation and bond yields, as well as how one approaches asset allocation in a world where many traditional fixed income investments feel increasingly risky.

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Quarterly Investment Perspective: What Really Matters in 2015 (December 2014)

December 2014

In this year-end edition, Chief Investment Officer Rebecca Patterson examines 2014 and summarizes what drove our performance during a volatile year for global markets. Then, looking ahead, she discusses what is likely to matter most for investors in 2015, particularly tighter U.S. monetary policy. She also evaluates several less broadly understood potential market catalysts, including greater public-sector stimulus in the U.S., election outcomes in Europe, and the spillover from a weakening Japanese yen.

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Quarterly Investment Perspective: Sizing Up The Markets (October 2014)

October 2014

In this edition, Chief Investment Officer Rebecca Patterson discusses the role that size can play in the investment process. What does the health of different-sized companies reveal about the broader economy? When small-cap and large-cap companies perform differently, what can that tell us about our place in the market cycle? Is it better to invest with managers who have large or small amounts of capital at their disposal—and why is it relevant? Focusing particularly on the U.S., Ms. Patterson also examines how value can lie unnoticed on the smaller end of the spectrum for various asset classes and describes Bessemer's portfolio positioning in today's environment.

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