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What are the tax benefits of investing in Qualified Opportunity Funds? A closer look assesses the opportunities —and the risks.

It is often heard that 'good talent' is hard to find. But what constitutes a good talent? And where are companies going to find the talent they need when the gap between worker supply and demand continues to widen? This podcast with John Hilton, news editor of HRD magazine, Andrew Lafontaine, and Felicity O'Shannassy, organizational strategy experts at Korn Ferry, focuses on understanding the imminent skilled workers crisis and what HR and business leaders can do to mitigate the impact of the Talent Crunch.

With the longest economic expansion on record currently underway in the United States, it is hard to imagine that capital markets and investments were in utter disarray a little over ten years ago. Or that technology stocks—the darling of equity markets today—took a severe beating two decades back. We believe that when the going is good (and has been for an extraordinarily long time), it is prudent to rebalance investment portfolios away from highperforming assets, especially at this late stage of the economic cycle.

For two months, a financial services firm in New Zealand cut its workweek to four eight-hour days but paid for five days—and invited university researchers to study the impact on performance. Very quickly, the results became clear: workers showed up on time and creativity burgeoned. Productivity rose 20 percent. The policy became permanent. The idea of a shorter workweek is even trickling over to America. Interestingly, the sports world is providing some of the best evidence that these types of changes may help.

What might your best stock holding, a piece of real estate, shares in a privately held company, interests in private equity, venture or hedge funds, fine art, collectibles, and bitcoin have in common? Whether you purchased them for love or investment purposes, they could be among the best items to give to your favorite charities to realize maximum tax benefits. Before you sell them, it's vital to understand how appreciated non-cash assets can be to a philanthropic wealth management strategy.

Every new leader faces challenges. But for those who are breaking barriers within nonprofits or family foundations, the challenges are even more pronounced. The new leaders must find their footing and navigate cultures that either overtly or subtly remind them that they are different, whether they are the first person of color, first woman, or first LGBTQ person to serve in a prominent role. The good news is there are now enough examples of trailblazing leaders to begin to see patterns, including key traits to take into leadership roles.

For multi-generational families, designing the right second home is often a series of "both/and" propositions. A home needs to be both a reflection of self, while also foreseeing the needs of generations to come. It needs to feel cozy and intimate for weekend getaways, while also welcoming large gatherings. Most of all, it needs to understand your needs today, while also anticipating your hopes for tomorrow. If your goals are both/and, it's important to have three specific strategies in place.

A Life insurance audit is an everything-to-gain, nothing-to-lose proposition for a trustee of a trust that owns life insurance where significant planning is in place. A proper, thorough audit is needed to mitigate the fiduciary liability. It also starts with understanding the difference between a Life Insurance Review and a Life Insurance Audit.

On September 11, 2019, the California Senate passed Assembly Bill 5, which California Governor Gavin Newsom is expected to sign. The law will have major implications on the so-called “gig economy” workers, potentially leading to many being reclassified as employees rather than independent contractors.

Illinois Governor J.B. Pritzker signed into law several amendments to the Illinois Equal Pay Act that are certain to have wide-ranging impacts. Most significantly, Illinois will join the growing number of states that prohibit employers from asking about or considering a job applicant’s prior salary history when making hiring decisions.