Category: Market Insights

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 […]

Art as an Asset Class

Art advisor and appraiser Michelle DuBois of Winston Art Group led a discussion this morning on art as an asset class. This topic has been frequently written about in the financial press as a result of the art market achieving record prices. In May 2015, Christie’s auction house sold $1 billion worth of art in […]