Updates

Steady as She Goes

There will be a two-week hiatus in the Weekly Update schedule.  Regular updates will return on June 17th. “Headlines, in a way, are what mislead you, because bad news is a headline, and gradual improvement is not.” ~ Bill Gates Recent developments in the trade negotiations have surprised many about the speed with which a […]

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The Federal Estate Tax Exemption Doubled. Now What?

PUT YOUR BENEFICIARIES FIRST The traditional “hot button” that has motivated people to see their lawyers about estate planning is taxation. Death taxes, such as inheritance and estate taxes, federal taxes, and state taxes have taken a notorious toll on unplanned estates over the years. With sound planning, that burden can be minimized or even […]

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Free and Open Trade

The markets have been jolted by raised tensions in the current trade negotiations. Most economists agree the best trade policy is free trade, with no tariffs, no barriers to entry, and no subsidies. Free markets and global trade have proven to be the best way to promote global prosperity. But we were a long way […]

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Keeping a Family Business in the Family

One of the most important responsibilities we have when helping families with closely held businesses is to help them realize potential estate planning opportunities and/or problems. A classic example is with the Green Bay Packaging Inc. that was founded in 1933 by George Kress.  The firm manufactures corrugated packaging, folding cartons, coated labels, and related […]

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Market centered vs client centered

Fight the perverse human urges to react to market movements. When stock indexes are making new highs, as they did several weeks ago, many feel the urge to get on board. When stock prices are moving down, the all too common impulse is to sell before prices move even lower. The evidence which proves such […]

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Ask a Trust Officer: Stock Market Highs

Dear Trust Officer: The S&P 500 stock index has reached new highs. Should I consider selling now? — Prosperous but worried DEAR PROSPEROUS BUT WORRIED: 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 evaluate their […]

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Fundamental Investing

It was reported a record breaking 43,000 people attended Berkshire Hathaway’s annual meeting in Omaha on Saturday. I have not seen a count for this year’s meeting but in 2018, Yahoo Finance, who streams the meeting live, estimated 35 million viewers tuned in to watch the event online. Warren Buffett and Charlie Munger must be […]

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Guarantee: The Market Will Fluctuate

The recovery from last year’s break down is complete. Stock prices moved higher last week with the S&P 500 closing at a new all-time high of 2,939.88 on Friday. At that point, the index was up 17.27% year to date and 25.04% from the Christmas Eve low. Economic news continued to support the belief that […]

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Nonprofit Service by TCK Team Members

Last week, Stephen A. English, C.T.F.A., Chairman & CEO of The Trust Company of Kansas (TCK), shared information in an article titled Charitable Giving is Growing Nicely. In it, we learned that total gifts to charities exceeded $400 billion for the first time ever, totaling $410.02 billion in 2017. We also learned that nearly a […]

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Earnings Estimates Adjusted Higher

U.S. stocks were flat to slightly higher in anemic trading in the short week ending Thursday. With roughly 15% of companies reporting, the consensus estimate for composite earnings has improved to a decline of 3.8%. Activity will pick up this week as a much heavier flow of Q1 earnings reports begins. Our advice remains unchanged. […]

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