Uncertainty Creates Risk and Opportunity
COVID-19 continues to create uncertainty and unsettle financial markets. What can you do now to protect and grow your wealth?
Markets Rattled by COVID-19: AMG’s Perspective
AMG is closely following the Coronavirus developments and their impact on the global markets. Here’s our current perspective based on the latest information.
SECURE Act’s Impact on Retirement Accounts
The recently enacted SECURE Act establishes new provisions that affect retirement plans and IRAs.
2019 Tax Information Details & Timing
AMG National Trust plans to mail out 1099-B, 1099-DIV, 1099-INT and 1099-MISC statements for the 2019 Tax Year as follows. Accounts holding investments with all necessary tax information received are expected to be printed and mailed by February 13, 2020. Clients should expect to receive them the week of February 17, 2020, depending on the…
Three Things to Think About Going Into 2020
1. BRACE FOR MARKET VOLATILITY Stock fluctuations could make 2020 a rollercoaster year. AMG believes economic growth next year will be slightly above trend, but the first six months might be choppy, making markets vulnerable to sharp corrections. Also, America will hold a presidential election in November, and pundits and politicians will most certainly try…
Tax Perspectives Update for 2020
With the passing of the Consolidated Appropriations Act of 2020 in December, a number of tax law changes were made that may affect individual taxpayers.
Socially Responsible Investing: Voicing Your Opinion with Your Wallet
QUESTION: I am worried about the world my grandkids will live in and want to invest in companies that are really trying to make a difference. How can I do that? ANSWER: After almost a decade of economic and market improvement, many investors are looking for ways to use their wealth to improve the world…
Assisting Adult Children Financially Requires Care
QUESTION: My adult children aren’t as well off as I am, and I want to help them out financially. How much should I help them, and how can I best give to them? ANSWER: Children’s ages and income potential all play factors, so parents should carefully consider how such help will affect their kids emotionally…
Philanthropy Can Be a Family Affair
Many people are discovering charitable giving is a great way to strengthen family bonds while teaching children and grandchildren about their family’s values and traditions. A number of our AMG clients have made philanthropy a family affair and are cultivating the next generation of donors and building their social awareness at the same time. Here…
Reduce Your Stress by Planning for Long-Term Care
QUESTION: Should I have long-term-care insurance or just plan on paying for it myself? ANSWER: Long-term care is one of the most difficult topics in wealth management. Talking about death is uncomfortable for most people, and positively scary for others. It’s also a daunting task, full of difficult choices. Costs vary greatly depending on the…