6 Considerations Before Starting a Private Foundation
These essential questions will inform the direction of your charitable giving endeavors. The first thing to know about starting a private foundation is that it’s not your only option when it comes to philanthropic giving. A donor advised fund (DAF) is another popular grant-making entity available to you. “The entities are very different in terms […]
Market Insights – Third Quarter 2022
The End of Easy Money Introduction The market turmoil in 2022 so far is in sharp contrast to the heady mix of stimulative policy and low volatility in 2021. In 2022, persistently high inflation has led to tighter monetary policy and slower growth. The Fed has raised rates from 0 to 2.25%. It is on […]
Actionable Ideas: End of Easy Money
The market turmoil in 2022 so far is in sharp contrast to the heady mix of stimulative policy and low volatility in 2021. In 2022, persistently high inflation has led to tighter monetary policy and slower growth. As a long cycle of easy money draws to an end, we discuss several implications of a more […]
Why Your Family’s Wealth Belongs in Nevada
By Robert LeBeau Nevada may be known for its gold rush history, glamorous casinos and high-stakes poker games, but high-net-worth families learn that it’s no gamble to keep their money there. “Nevada is one of the most trust-friendly states. It’s a terrific alternative to placing your money offshore,” says Robert C. LeBeau, a senior vice […]
It’s a Match
Whittier Trust has a team of more than a dozen dedicated professionals responsible for protecting and growing all of our charitable clients. The passion these skilled matchmakers have for the philanthropic field is never more apparent than when they have the opportunity to connect Whittier Trust nonprofit endowment clients to Whittier Trust grant-making clients. Philanthropic […]
Alternative Options: The Advantages and Challenges of Investing Outside of Stocks and Bonds
Alternative investments have been gaining popularity in recent years, a trend that’s likely to continue following the sell-off in stocks and bonds. While “alternative investments” may sound foreign, it is simply a catch-all term for investments outside of stocks, bonds and cash, and it can include anything from venture capital funds focused on technology companies to financing […]
Beyond the Sport: Translating Sailing Values into Business
By: Haley Kirk Dahl & Kayla McComb La Dow Sailing is one of the most unique sports in the world, transcending age and gender. It is more than a sport. It is a truly international community where sailors around the world can find comfort swapping racing stories and cruising tales. Friends found while sailing often become family […]
Whittier Trust Presents: Inflation and Its Impact on Your Family and Business
The market turbulence of 2022 stands in sharp contrast to the utopian mix of easy money, low volatility and high returns seen in 2021. It is now widely acknowledged that inflation is perhaps the most disruptive theme contributing to economic uncertainty. High inflation can act as a tax and slow growth by itself. It also increases […]
Time for an Upgrade
By Jay Karpen Following two long and challenging years of COVID, many of us are finally planning our next vacation to a far-off location. We deserve a smooth and safe flight, absent the unforeseen events – delayed flights, uncertain weather, airsick children. Spending time selecting the right travel partner is the best way to ensure a […]
Key Considerations for a Trustee
There are a significant amount of considerations to take into account when establishing a trustee for your estate. In the case of a living trust, you may play all the roles of trustor, trustee, and beneficiary. In the event of your death, or in preparation for a time in your life when you no longer […]