James Theissen and his wife worked for Kroger or its subsidiaries for 30 years. They lived in Colorado, and in 2002 Kroger informed Mr. Theissen that his job would be moved to Ohio. As the Theissens did not wish to move, they retired and rolled their 401(k) money into “his and hers” IRAs, totaling some…
Month: February 2017
Jeopardy for Family Limited Partnerships
Valuing a publicly traded company is a fairly easy proposition. Every day, shares trade hands between willing buyers and willing sellers. The price of that trade, times the number of shares outstanding, provides the capitalized value of the company. For any shareholder’s stake, the value of that interest is the number of shares held multiplied…
New Perspectives on Revocable Living Trusts
One of the most useful and flexible wealth management tools is the revocable living trust. Traditionally, we like to point to three basic benefits that these trusts offer. Professional asset management. After studying your goals and circumstances we will map out a diversified investment program appropriate to your requirements. Our objective is not only to…
DJIA 20000
Dear Garden State Trust Company: How should the fact that the Dow Jones Industrial Average crossed the 20000 barrier affect my investment strategy? —Numbers Maven Dear Numbers: Passing a stock index milestone is not a signal to buy or sell. However, it does focus attention on the market, and it may cause some investors to…