Taxpayers who operate farms and ranches in the U.S. could realize significant benefits from changes to the tax laws as a result of the passage of the “Tax Cuts and Jobs Act” late last year. Below is a summary of some changes in...
Insights and Ideas
Diversified Trust shares our knowledge on wealth strategies, investing, current financial news and trends.
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If you’re like most people, when you hear the words “long-term care insurance,” the first thing that comes to mind is “I’ll never need that.” The fact is, long-term care (LTC) insurance could be one of the most valuable pieces of your financial...
You already have planned whom will get your assets – your remaining retirement will be distributed amongst your children, profits from your house sale will go to your grandchildren, and your younger brother will get your car. And if there’s anything you...
Mark Twain once said, “I’ve lived through some terrible things in my life – some of which actually happened.” I suspect that, like me, Mark Twain was a bit of a worrier. The irony for most of us is that we often spend...
In 1976, John Bogle established the first passive index fund (what is now the Vanguard 500 Index Fund). Decades later, the concept of “passive investing” and the utilization of index funds is dominating headlines and gaining momentum amongst investors more than ever before. ...
What is Cost Basis? In simplest terms, cost basis (or “tax cost” or “tax basis”) refers to the price you paid for an asset adjusted upward for reinvested dividends and capital gains and downward for return of capital and capital losses. What cost...