European politicians have shown they willing to act aggressively and make tough decisions, being ready to act again if the current rescue package is not enough to curtail the European crisis. However, two key issues still need to be addressed: the lack of economic growth and the mutualization of debt. Time will tell if additional action is needed.
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European leaders appear to have outperformed market expectations with their rescue package, but there is still much to do. For example, the adequacy of the bank recapitalizations will be scrutinized and investor sentiment toward Italy and Spain is critical. Governance and growth challenges remain, and longer-term economic growth must be invigorated.
Researchers predicted in late 2009 that large funds could need much more than their typical five-year investment period to invest their capital. Recent projections consider the more active transaction volume and suggest the overhang would more likely require only six years to fully invest.
This paper highlights a number of approaches that may guide philanthropists in choosing their investments and in encouraging entrepreneurship. Alongside these examples, the paper features a series of case studies showing how philanthropists worldwide invest their wealth, their experience, and their skills to unlock entrepreneurial potential.
Clarifying donor intent at the outset of any conversation regarding charitable giving, and properly documenting that intent, will help both parties feel good about giving and receiving. To avoid confusion after a gift is made and to prevent costly proceedings when the intent of a gift is insufficiently documented, here are a few practical tips to guide both non-profits and donors.
Philanthropically minded families are vulnerable to the misuse of the personal financial information contained in mandatory filings that become public. However, these families are not defenseless; by following the best practices in this paper, they can greatly reduce the likelihood of being victimized.
Businesses worldwide are increasingly using social media networks to advertise and communicate with potential customers and constituents. Regardless of whether a business is using social media, its employees certainly are. Here are four reasons to establish rules for how employees use social media sites.
Planning ahead is the most important thing you can do to protect yourself and your family. Besides protecting your home from a possible burglary, it is important to think about your personal security. This article offers 28 tips for preventing a break-in and another 13 for keeping family members safe.
It is more important than ever for people with substantial wealth to fully understand their liability risk. In addition to wrongful termination and/or discrimination lawsuits filed by domestic staff, automobile injury claims, and libel and defamation lawsuits resulting from online activity, their overall lifestyle can create unique risk exposures.
Because certain tax rules are only in place through 2012, flexibility in estate planning documents is important to make sure that your executor can adapt your plan to changing circumstances. And because these changes only apply to federal estate tax, the impact of state estate taxation should be included in your planning.