In general, many small business owners say they want the lowest tax bill possible. Sounds nice, right? But what if that’s short sighted? We believe tax is a long game. The question shouldn’t be, How do I pay as little tax as possible this year? Instead, the correct...
For investors who like real estate but are not sure now is the time to buy, investing in a debt position is a viable way to generate cash flow in a more protected position and today’s rates are almost the same as what investors previously expected to earn in an equity position.
Sky-high income and business taxes are the top issues America’s largest private employer, family businesses, point to when looking at this year’s economic challenges, a new study finds. This, according to a Family Enterprise USA Family Business Survey 2023, burdensome...
Right now, there is much uncertainty in the investment world. It is difficult to have a strong opinion about what an asset should be worth in one year let alone five or ten years. With inflation, one might say most things will cost more in the future than they do...
Adaptive reuse projects are all the buzz in the commercial real estate sector these days. Repurposing underutilized property is an excellent strategy for many CRE owners to maximize value. States like California and cities like Los Angeles are working to implement...
Marilyn Monroe is a household name that every American, no matter the age, has heard or mentioned at least once in their lives. For estate planners and their family business clients, Marilyn is not only one of the biggest names to grace the Hollywood Walk of Fame but...
It’s been reported that individuals and businesses are leaving California at increased rates, and many suspect economic forces are the primary driver. These trends started before the pandemic. In 2019, 653,000 California residents left the state, likely in search of...
While the phrase “money doesn’t make you happy” is a generally accepted and popular adage, research shows that how you spend it just might. In a 2011 article in the Journal of Consumer Psychology, researchers Elizabeth Dunn, Daniel Gilbert and Timothy Wilson argued...
“These Prices are Insane” Eddie Antar (“CEO, Crazy Eddie”) “I continue to believe that the American people have a love-hate relationship with inflation. They hate inflation, but love everything that causes it.” William Simon Following May’s sobering inflation data and...
When the next generation thinks of wealth, it is not our parents’ idea of a paid-off, picket fence suburban home with a Cadillac in the driveway. Wealth for my generation has a wider arc: work-life balance, sustainable living, purpose, helping others and the pursuit...
The field of psychology is only 100 years old, and the field of Positive Psychology is about 25 years old. In 1998, executives at the American Psychological Association, led by Martin Seligman, realized they had a problem. Over 60% of the research to date focused on...
Pat Soldano opened the meeting by introducing representatives from family businesses and Family Business Centers in attendance. She then provided an overview of the Congressional Family Business Caucus, highlighting its unique role as a bipartisan Caucus aimed at...
According to PMSA (Pacific Merchant Shipping Association), the five big West Coast ports have lost volume – 702,083 fewer loads and empties were handled in January and February 2023 than in the same period pre-pandemic in 2019. This equates to close to a 16%...
As businesses continue to evolve and grow, it’s essential to have a marketing strategy that aligns with the overall business goals. However, not all businesses have the resources to hire a full-time marketing team, let alone the key figure in leading business growth –...