Dividing Assets in Your Will

Writing your Will and dividing your estate among your children can be a challenge. But even if the process is challenging, it’s vital that you do it.
By Kathy Longo, CFP®, CAP®, CDFA
Monday, 16 September 2019

Dividing Assets in Your Will

Only 1 in 5 Americans over 55 have a will/trust, healthcare directive, and durable power of attorney.[i] If the reason you haven’t done it is the difficulty of divvying up the assets, then the obvious answer would be to just divide everything up equally and call it a day--plenty of people do that. But there are other ways to divide an estate that may not be identical but may be of equal value. In this article, we will look at different ways to divide your assets in an equitable way to your next generation. Hopefully, this will help make writing your will easier and leave you with the peace of mind that you have created something fair for all of your children.

An Inverted Yield Curve and You

By Jay Pluimer, AIF® CIMA®

Friday, 16 August 2019

The big news on August 15th announced an impending recession due to an inverted yield curve. Some clients may have been surprised to see that as a major headline since there have been other headlines over the past few months saying the exact same thing, just without an 800-point drop in the market. The goal of this update is to explain what an inverted yield curve is and what it means for your investments.

What is an Inverted Yield Curve?

It’s important to start by differentiating the stock and bond markets from the economy. The markets react to what is happening in the economy and then try to predict what will happen next. In this case, the bond market has been reacting to slower global growth by paying less interest for long-term bonds. Usually, an investor expects to get paid more (higher yield) for buying a long-term bond because there is more risk and uncertainty than with a short-term bond. The headlines on August 15th reflect that 10-year Treasury bonds are paying less interest than 2-year bonds (which, for perspective, was accurate by 0.022% and lasted for less than a day). However, the yield curve isn’t 100% accurate in predicting a recession, nor can it predict when the recession will start or how long it will last. The yield curve inverted in late 1966 right before an extended period of economic growth and there was also a brief inversion in 1998 when the yield curve was very flat, similar to our current environment, which also didn’t accurately predict a recession.

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