Category: Market Insights

The Philanthropy Talk: How Do I Do It…and Why Do I Have To

Kylie Ruschioni participated in a panel discussion on the topic of philanthropy. The event, called “The Philanthropy Talk: How Do I Do It…and Why Do I Have To,” was a partnership with The Boston Foundation, The Philanthropic Initiative, Massachusetts Society of CPAs, and the Boston Estate Planning Council. Panelists discussed strategies for speaking with clients about their philanthropic […]

What the New Tax Laws Mean for HNW Individuals

On December 22, 2017, the President signed the Tax Cuts and Jobs Act into law. The enactment marks the largest reform to the U.S. tax system since 1986. The Tax Cuts and Jobs Act has a wide-ranging impact on both individuals and businesses, as well as international tax law. Below is an outline of some of the […]

New Overtime Rules May Affect Household Employers

The Department of Labor (DOL) recently announced new rules, effective December 1, concerning overtime pay for all US employees. A summary of the changes is below, and more information about the new regulations can be found in ADP’s “New Overtime Rules” article. Because many JDJ clients are household employers, we felt it important to highlight some of […]

Domestic Staff Employment Pitfalls

  Many JDJ clients hire domestic staff to help manage their busy lives. The roles of these employees run the gamut, and examples include caregivers for young children and aging parents, estate managers, housekeepers, and even yacht captains and plane pilots. When families become employers, they are obligated to fulfill many of the same requirements […]

IRS Proposes Eliminating Valuation Discounts

Earlier this month, the IRS released proposed regulations that would eliminate discounts used when valuing assets held by certain types of family entities being transferred by gift or sale to family members, an estate planning technique that, though complicated, has been common practice among high net worth families for decades. Anyone who has attended the […]

Planning Opportunities in a Volatile Market

Recent political upheaval in Europe and elsewhere has led to fluctuating conditions in global markets. While a downturn in stock prices isn’t a welcome sight, volatile market conditions do present some unique financial planning opportunities for investors and those looking to preserve wealth for future generations. Invest for the Long Term Simply put, depressed markets can provide […]