The key is determining the appropriate amount of risk for the reward you are seeking. This balancing of risk and reward is the foundation of all the work we do for clients and is critically important to long-term financial success.
Amassing wealth comes with many benefits, but having a substantial estate comes with the repercussions of elevated taxes. Gifting portions of your assets to mitigate tax ramifications is possibly a reasonable strategy.
Watch Sand Hill Global Advisor's video about the most important things to consider before buying your dream vacation home in this frenzied real estate market, such as the cost, location, investment potential, tax impact, and exit strategy.
Many Americans reignited long-forgotten passions amidst the exhausting and traumatic months of lock-down caused by this pandemic. With stress at an all-time high and the CDC heavily cautioning against face-to-face socialization, they turned to interests they hadn’t partaken of in years. Here are some of the top pastimes they pursued.
Recently, investors are expanding into the realm of luxury collectibles to augment their portfolios. With the right passion and knowledge, high-end collecting can offer potential monetary gains. This decade-long trend is well documented, and it’s easy to see why it has captured the imagination of investors and venture capitalists around the world.
In this Sand Hill Video Series, Chief Wealth Manager Sara Craven will interview Marlis Jansen and Kjartan, Founders of Graddha, a consulting firm that helps families with substantial means understand and embrace wealth.
Can you believe that the first iPad was introduced in April of 2010? Yes, it really was only ten years ago!
Even as we celebrate the new year and new decade and what’s to come, stopping to think for a moment about what has changed over the last decade can be an eye-opening experience.
At the end of the day, many of these companies are going to fundamentally change our lives, but the market’s current unwillingness to reward open-ended financial losses is likely to curtail your highly subsidized consumer lifestyle faster than most want to believe.
If you own a family vacation home in the mountains of Tahoe or anywhere else in the country or world, congratulations! The incredible memories made during family getaways can truly last a lifetime for so many generations. Since they are only used occasionally, many family homes sit unoccupied for the majority of the year, providing a ripe opportunity to transition the property into an income producing asset. This transition is often filled with a number of unforeseen complexities, which must be carefully navigated while converting a family’s second home into a Vacation Home Rental (VHR).
Gorgeous weather, fantastic food and easy access to both the mountains and beaches make Northern California an extremely attractive place to live and one of the most popular vacation destinations in the world. For homeowners who like to travel and are looking to trim their vacation budget, or simply want a unique travel experience, the idea of home swapping may be appealing.
Executives who previously determined that private jet ownership was unaffordable may now be able to justify this purchase thanks to the Tax Cuts and Jobs Act (TCJA) signed into law last December.
Flying cars may be a reality sooner than we think. Just a short while ago, this concept would probably only seem plausible decades into the future. But now that the autonomous self-driving car is quickly moving from prototype to reality here in Silicon Valley, the idea of cars traveling through the sky may not be such a futuristic endeavor.
Activities and hobbies that wealthy individuals engage in may have potentially higher security risks. As the online, social, and financial landscapes continue to evolve, the environment for opportunity-crime increases. However, highly qualified insurance professionals can help you mitigate these risks with their industry knowledge.
Due to the proliferation of fractional jet ownership programs and Uber-like start-up services, the private jet industry has undergone a rapid transformation in recent years. With an increase both in competition and usage, the economics of private jet travel have been re-shaped. No longer is it an option limited to the extraordinarily wealthy, but it has become for many a reasonable luxury expenditure worth considering.
