Estate Planning

Important Things to Know about Estate Planning: Lessons from Gonzalez v. City National Bank

An appellate court in the case of Gonzalez v. City National Bank recently affirmed a probate court’s order that denied a plaintiff’s request after the death of plaintiff’s daughter that the remainder of a special needs trust be distributed to the plaintiff rather than the Department of Health Care Services.  The distribution was used as […]


The yuan, tariffs and your portfolio

A surprise tariff announcement by the U.S. met with an unexpected depreciation in the Chinese currency, sending shock waves across global markets last week. This latest escalation in U.S.-China tensions reinforces our view that trade and geopolitical frictions have become the key driver of the global economy and markets. We stress the importance of portfolio […]


AAR: July Rail Carloads down 4.8% YoY, Intermodal Down 6.1% YoY

From the Association of American Railroads (AAR) Rail Time Indicators. Graphs and excerpts reprinted with permission. Continuing economic uncertainty, fueled in great measure by ongoing trade disputes and worrisome economic weakness around the globe — combined with low natural gas prices and the shift from coalfired electricity in the United States — to produce another […]

Real Estate

American Confidence in Housing at an All-Time High

Fannie Mae just released the July edition of their Home Purchase Sentiment Index (HPSI). The HPSI takes information regarding consumers’ confidence in the real estate market from Fannie Mae’s National Housing Survey and condenses it into a single number. Therefore, the HPSI reflects consumers’ current views and forward-looking expectations of housing market conditions. Great News! […]


Bogus self employment is a recipe for abuse

As Anjum Klair at the TUC has noted this morning: Almost half of self-employed adults aged over 25 are earning less than the minimum wage, according to new analysis by the TUC, that punctures the myth of a growing army of wealthy entrepreneurs. The figures also reveal that self-employed women fare particularly badly, with over […]