All Carousel Content

Business Owners Outlook 2Q2019

My Business
risky business banners _NewsCred sunglasses.jpg

Our Business Owners Outlook is a quarterly survey that explores business owners’ concerns and outlooks on themes that are most important to them.  This first in the series, “Risky Business,” reveals some eye-opening disconnects in the respondents’ thinking.Business owners strongly support the Trump administration’s policies, yet they also worry about U.

Read More...


Opportunities for Saving State Income Taxes on Trusts Expanded with Kaestner Trust Decision

Richard W. Nenno |
Wealth Planning
Estate Planning Tax Reform NC.jpg

U.S. Supreme Court holds presence of resident discretionary beneficiaries does not justify North Carolina income taxation of nonresident trustee in Kaestner Trust. When determining whether a trustee of a nongrantor trust must pay a particular state’s income tax on retained ordinary income and capital gains, practitioners should resist the impulse to consult the governing-law clause in the Will or trust instrument.

Read More...


Capital Perspectives June 2019

Tony Roth |
Investment Management
Cap-Perspectives-NC.jpg

In the June issue of our monthly flagship publication, we feature:On the Record by Chief Investment Officer Tony Roth, where he talks about the confluence of political and economic factors that led our Investment Committee to reduce a years-long overweight to equities—with the proceeds shifted first into cash, and later, fixed income—and our continuing concerns.

Read More...