The COVID-19 pandemic presented the entire world with unprecedented challenges. Although it may be uncomfortable to contemplate, the reality of the growing necessity of funeral planning presents family offices with a sudden and unexpected series of events that must be faced.
April is setting up to be a transformational month for understanding how the global economy and financial markets will recover from the COVID-19 pandemic gripping the world. Investor’s patience are being tested, and low prices may tempt some investors to rush into equities. But are there still too many unknowns?
Given the far-reaching business impacts of measures already taken to control the spread of the COVID-19 virus, many companies are looking to their insurance policies for potential responses to the ongoing financial loss. This guide provides an overview of some key coverage, claims, and risk management areas that are currently top of mind for businesses and insurers.
The COVID-19 crisis continues to disrupt everyday life. In response, the CARES Act of 2020 was signed into law in the U.S. to provide some relief. A summary of the key provisions in the CARES Act for individuals include delayed due dates for tax returns, enhanced charitable contributions, no required minimum distributions from IRAs and retirement plans, one-time payments from the federal government, deferred tax payments, and other programs for businesses.
The COVID-19 pandemic has caused unprecedented hardships on small businesses, nonprofits, and other entities. They are experiencing unexpected decreases in cash flow due to the “shelter-in-place” orders enacted by many municipalities. The U.S. Small Business Administration (SBA) has worked to provide Economic Injury Disaster Loan assistance to eligible organizations to help ease the effects through fhe Coronavirus Aid, Relief, and Economic Security Act (CARES Act).
The novel coronavirus disease 2019 (COVID-19) and the response to this pandemic have created an unprecedented, fast-moving, and challenging environment. Join guest Chris Schumann and host Damien Martin for the first episode of a three-part series focused on helping you respond responsibly to COVID-19. They share practical advice and key action steps businesses and their owners can take to confront the unexpected business challenges of the current situation. Here’s what’s covered:
Due to the SARS-CoV-2 virus (COVID-19), Washington recently enacted legislation providing various relief measures. In this second episode of a three-part, COVID-19 Response Series, guest Ryan Peterson and host Damien Martin discuss the payroll-related provisions provided under this new relief. They cover items of common confusion, identify areas needing additional guidance, and explain what these newly enacted provisions may mean for you and your business.
Predicting the future path of inflation is notoriously difficult; just ask any economist. The best protection against future uncertainty is a well-constructed portfolio, tailored to meet the asset owner’s risk tolerance, portfolio objectives, and spending needs. While there are trade-offs associated with all solutions to protect a portfolio against inflation, there are ten things that investors have come to appreciate.
As of the week of April 6, there continue to be diverse opinions among leaders within the United States on which policies and procedures will provide both a safe environment for employees and allow productivity to return to levels that are closer to those generated before the COVID-19 crisis. This Executive Summary provides an overview of the initial patterns to the way in which most organizations are examining their Back to Work policy and procedural choices.
Born out of the hard lessons learned from early 20th-century market crashes and the First World War, the concept of a diversified investment fund was formalized under the Securities Act of 1933 and Investment Company Act of 1940. Three types of funds were created, including the closed-end funds (CEFs). It can be psychologically difficult to stay invested in tough times and amid the COVID-19 pandemic, but that’s what it takes to unlock the value of closed-end funds.