Paul and Wes Karger are co-founders of TwinFocus, a Boston-based multi family office for global ultra-high net worth families, entrepreneurs and professional investors.
We see both positives and negatives to President Biden's proposals. It all comes back to a family’s balance sheet, how their wealth is structured and importantly, their goals and objectives. Some moves the president is making on the tax front will of course impact a family’s tax liabilities negatively.
The 2020 election did not result in the massive blue wave that many predicted, but there are definitely still blue ripples reaching shore—especially now that Democrats won both Senate seats in the Georgia runoff elections.
In response to the rising divorce rate and increase in blended families, Paul and Wes Karger, of TwinFocus Capital, offer their insights for educating children on how to preserve exceptional family wealth.