We hope July is going well for you. This month’s update highlights Estate Planning Basics, the potential impact of the recently signed US federal budget legislation, and the uncertain case for alternative investments.  

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• Estate Planning Basics from Candor Asset Advisors– We highlight basic estate planning documents, ways to transfer assets, account types, what is probate and its advantages and disadvantages, ways to avoid probate, what are estate trusts and the advantages and disadvantages, and types of trusts

• Ten charts explain Trump's big beautiful bill from The Economist - The author lays out that the signed legislation will likely increase US fiscal deficits, reduce GDP growth over time, cause higher US federal debt to GDP, and stimulate higher interest payments, inflation, and interest rates.

• The (Uncertain) Payoff from Alternative Investments: Many a slip between the cup and the lip from Aswath Damodaran – Aswath highlights that the appeal of alternative investments may be overhyped as diversification and excess return benefits can be overstated when you consider understated and/or changing asset correlations, greater investment manager competition, high investment management costs and investor liquidity needs.

 

For those who missed it in last month’s edition, here is a copy of my healthcare and long-term care presentation. The document provides data on healthcare cost trends, what long-term care is, the probability you need it, cost trends, and how most individuals pay for it.
 
Now may be a good time to catch up. My scheduling link is: https://calendly.com/bhawes-1/brief_conversation
 
Have a good rest of the summer,

Sincerely,
BIll Hawes, CFA, CFP
President and Chief Investment Officer
Candor Asset Advisors
 
O: 512 522-8501
C: 512 470-6106
Alt: 737 265-3782
bhawes@candorassetadvisors.com
www.candorassetadvisors.com

Disclosures
Investment advisory and financial planning services are offered through Candor Asset Advisors, LLC, a registered investment adviser. Consult your attorney, CPA, real estate agent, or insurance professional for advice in those areas. Links to third-party articles are for informational/marketing purposes only.