The IRS recently released the April 2020 interest rates used for estate planning purposes. As expected based on recent market conditions, these rates are at or near all-time lows. These low rates, combined with potentially-depressed asset prices and temporarily-high estate and gift tax exemptions (currently over $23 million for a married coupl...
We have the answers
Search Results
As COVID-19 continues to disrupt the world, it’s vital to follow the World Health Organization's and the U.S. Centers for Disease Control and Prevention's guidelines to prevent the spread of the disease. Know the facts on COVID-19, including what it is, what is the incubation period, how it is transmitted, and what is the reprodu...
The impact of COVID-19 on our communities is only just starting to come into focus. No matter what happens from here, the damage will be dramatic. Many nonprofits that have not traditionally made grants to individuals are asking if they can do so, and how. With a little bit of planning and advice up front, disaster relief grants to individuals can ...
This is not “business as usual.” Organizations of all sizes and spanning virtually every industry are being heavily impacted by the COVID-19 global health crisis. As you assess the short- and long-term implications for your business or organization, you may find that you or a third-party partner is unable to perform the essential terms ...
Technology is a growing part of everyday life. It’s hard to imagine going even a day without it. However, creating a home in which technology serves the homeowner, and not the other way around, takes a great deal of planning and forethought. There are five ways that can help integrate technology into your home and create experiences that...
As the human and economic toll of the coronavirus mounts, no sector of the economy has been immune from the downturn, and this includes family offices. Depending on the size and scope of the family office, there are a number of factors—including human capital, data, and cybersecurity and technology management—that need to be considered ...
As individuals and families contemplate their charitable giving, they often consider forming a private foundation or creating a donor-advised fund. Understanding the pros and cons of each giving strategy can help them determine the best option to meet family development and philanthropic goals.
Investing outside of one’s home country is a common and effective way to diversify a portfolio. Investors must make an important choice between using foreign ordinary shares or American Depository Receipts (ADRs) to achieve this diversification. Both security types share the same foreign company risk, but there are some key differences betwee...
After the death of a retirement plan participant or IRA owner, non-eligible designated beneficiaries of a retirement account (other than a Roth) will experience an acceleration of taxable income and the loss of tax-deferred growth that was available before the enacted SECURE Act (Setting Every Community Up for Retirement Enhancement). This is the t...
What started as a China-specific issue is spreading fast across the globe for one business after another. One estimate says organizations may lose up to $1.1 trillion before the COVID-19 tragedy ends. Korn Ferry experts believe leaders must rely on agility, transparency, and forward-thinking strategies throughout the crisis.View the video seri...
Investors are more concerned and educated about cybersecurity than ever before. With more money and competition all around, asset management firms are increasing their focus on cybersecurity to meet market pressure and consumer demand. To be effective, cybersecurity leaders must be able to assess technology risk across ever larger and more complex ...
For the last three decades, success for an asset manager was simple: generate returns. But with a maturing industry going through disruption, the formula for success is no longer clear. To evolve their business models to meet market pressure and consumer demands in a bifurcated industry, asset-management leaders need to keep talent fully engaged an...
Location, location, location. Across the world, companies are building innovation hubs and training and educational centers closer to their clients in a bid to cocreate and deliver new services in real time. While companies may appreciate the often lower-cost labor of outsourced work, many executives are beginning to understand that the speed, agil...
Social distancing drives a great need for virtual work, including in the area of assessments. Until the advent of technology that enabled remote simulations, in-person leadership simulation assessments comprised of interviews, tests, and a variety of live interactive business simulations. In this report, two case studies highlight the robustne...
This guide is designed to introduce you to the world of thoughtful, effective philanthropy. It’s a roadmap for donors—individuals, couples, families, or groups. It offers an overview of issues that philanthropists may want to consider as they create their own giving strategies. And like any good planning tool, this guide presents a seri...