The Sky Might be Falling! The Sky Might be Falling!

  • The sky might be falling. Planning for potential tax changes

    The Sky Might be Falling! The Sky Might be Falling!

    by Randy Fox

    Planning for Potential Tax Changes

    Attorneys  Martin Shenkman, Jonathan Blattmachr, et al aired a webinar recently on year end planning in light of the upcoming 2020 presidential elections. During their presentation they focused heavily on the Bernie Sanders (and therefore Democrat) tax proposals that may be enacted should there be a change […]

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  • Charitable Donors

    The Price of Control:

    Why do Donors overlook Supporting Organizations?

    by Randy Fox

    In the considerably complex world of philanthropy where the goal is to give away money in order to effect positive change in the world, donors are faced with a number of choices: where to give their donations; what to give; and how to give are all […]

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  • Madoff

    More on Madoff

    by Randy Fox

    Or should I say, moron Madoff. No, I shouldn’t. So, scratch that. However, in my last blog I did disagree with professor Madoff’s latest proposal to reframe the way Donor Advised Funds (DAFs) are treated for tax purposes. She suggests that DAFs receive tax-exempt treatment like other non-profits but that no […]

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  • donor-advised-funds

    The Other Madoff

    Donor Advised Funds (DAF)

    by Randy Fox

    Donor Advised Funds (DAFs), America’s favorite giving tool are regularly under attack. One of the biggest critics, is professor Ray Madoff of Boston College. Professor Madoff continues to criticize that DAFs are somehow abusive since donors receive an income tax charitable deduction for giving their assets away to […]

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  • :31-to-win

    :31

    by Randy Fox, CFP®, AEP®, Two Hawks Consulting

    Enough to Win

    That’s how much time was left on the clock in the fourth quarter as the Chicago Bears prepared to receive the kickoff from the Denver Broncos after giving up the go-ahead touchdown and two-point conversion.  There was no chance the Bears could come back […]

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  • timing

    Timing

    …is Everything

    by Randy Fox, CFP®, AEP®, Two Hawks Consulting

    We’ve all seen it…the perfect timing. The wide receiver running down the field. The quarterback releasing the ball before the receiver has even started his break. The perfect cut. The receiver breaking free just as the ball arrives. The clutch grab. The critical, last minute, […]

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  • develop-and-implement-a-good-plan

    Implementation Matters

    by Randy Fox, CFP®, AEP®, Two Hawks Consulting

    Develop and execute a good plan.

    It’s so easy to forget that a good plan is only effective if it is fully implemented in the way it was designed. Many advisors design good plans that should lead clients closer to their stated goals. Many advisors make good […]

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  • avoid-disastrous-estate-plans-like-aretha-franklin-tom-petty

    Tom Petty, Aretha Franklin & You

    Avoiding Disastrous Estate Plans

    by Randy Fox, CFP®, AEP®, Two Hawks Consulting

    It shouldn’t take too much effort to realize that what Tom Petty and Aretha Franklin currently have in common are not their list of gold albums or chart-topping singles, but their disastrous estate plans. Both deceased musical icons have managed to pit family […]

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  • hbo-succession

    Your Succession, My Succession

    by Randy Fox, CFP®, AEP®

    HBO’s Succession

    Much has been written about the popular HBO mini-series, “Succession”. Viewers and critics have discussed the dysfunctional billionaire family and their intricate inter-play. The failed take overs, the backstabbing, the jockeying for favor to see who will reign over the family empire makes for good television and interesting fodder […]

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  • Money

    It’s not about the Money

    by Randy Fox, CFP®, AEP®

    Thirty-five years in financial services and the last twenty plus working with high net worth families and I’m just now realizing that all the time we spend talking about money, planning, cash flow, tax savings wealth transfer and philanthropy is mostly a smoke screen. Certainly, there are problems to solve and […]

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