Families of wealth generally enjoy similar opportunities and share many common concerns as they manage complex financial responsibilities. But similar is not the same. Every family has unique aspirations and challenges. What matters most to your family is what matters most to Hawthorn, PNC Family Wealth®.
We make a very specific promise to our clients, a promise that helps you understand our philosophy and guides us in serving you. The core tenet of our promise is keeping wealthy families wealthy. We do this by:
Helping families define success in words as well as numbers
Easing the complexities of wealth
Building deep, personal and enduring relationships
Family Controlled Entities: Proposed IRS Regulation Could Eliminate Valuation Discounts
The proposed regulations under Section 2704 of the Internal Revenue Code are a game changer for affluent families, in our opinion. These regulations would effectively end valuation discounts for transfers of interests in several family entities. Here we discuss some options for families and their advisors to consider.
In this issue of Strategy Insights, we approach the monetary policy discussion from a different angle — the Post-Monetarism theory — and present a more nuanced view of some inherent challenges in the current policy environment, including interaction between U.S. bank capital regulations and the Fed’s current monetary policy stance.