While headlines focus on AI earnings and Fed policy, a landmark U.S. tax reform has quietly reshaped the future of generational wealth. The “One Big Beautiful Bill” introduces sweeping, permanent changes that will redefine how family offices manage succession, structure estates, and invest for the long term.
The coronavirus outbreak has prompted many families to re-evaluate what is important in life and portfolios, and with lockdowns restricting world views to the immediate four walls, is art collecting due for a renaissance?
As wealth grows, so does the complication of managing it. This is especially true as generations expand the number of family members, and diverse opportunities -- real estate investment is a prime example -- attract attention beyond passively watching the pile grow.
WE STARTED the turn of the decade on a sanguine note, when a novel coronavirus named "Covid-19" - which initially seemed to be just another headline in the news, among many others - escalated into a global pandemic that has since put the world on brakes, with numerous countries in lockdown and more than five million (and counting) confirmed cases worldwide.
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