The IRS has displayed a troubling pattern of subjecting microcaptive owners to audits and legal uncertainties while refraining from fully prosecuting cases and taking them to tax court.
The efficient market hypothesis theory states that the market prices securities fairly and efficiently, and investors are unable to outperform the market consistently.
It’s disturbing that insurance regulators have done little to tackle the threats posed by climate risks and the potential consequences for policyholders when insurers can no longer protect them in the event of property damage or destruction.
Failing to distinguish the difference between probate and non-probate assets could lead to unintended and costly consequences not only for the person who owns the asset, but also for life insurers that serve as custodians of the assets.
As you consider how you will invest in new digital solutions and technology in the new year, I suggest looking at these areas to help identify how you can continue to innovate in this disruptive market.