Our assessment of the economic and investment implications of COVID-19 depends on three fundamental issues - The length of the output gap, the policy responses to mitigate the output gap, and if the crisis results in fundamental and lasting changes in consumer behaviour.
With the stock market again reaching dizzying heights, at the same time that corporate earnings and global economies are slowing, it’s worth asking whether equity investors have had it too good for too long.
It seems like markets are getting increasingly nervous and as usual, at these times the financial media is rolling out the perennial bears because the only story they ever tell just happens to match what is occurring right now.
Noting the current US equity bull market recently passed its ninth anniversary, increasingly, opportunities exist in identifying individual stocks with compelling business characteristics rather than riding the vagaries of entire markets.
Five variations to a testamentary trust for you to consider
Testamentary trusts are important to consider in estate planning. They can only be created by being included in a Will prior to death (it’s either in there or not, there are no second chances to add it in later).
Last year the AIA worked with lawyer, Lucy Percy of Head & Heart Estate Planning who delivered a series of articles and a webinar on estate planning and testamentary trusts which was exclusive to members.
Subscribe to our newsletter now and find out the five variations to a testamentary trust Percy suggested that you might like to consider.