Do you have a large position in a publicly held company? Are you concerned about having a concentration risk in your portfolio? If the answer is yes, then you should consider using an Exchange Fund, also known as a swap fund. An Exchange Fund provides the opportunity to diversify your stock holdings without triggering capital Read the full article…
At KROST and our associated wealth management firm, KROST Wealth, our goal is to provide you with timely news and insights. As we venture into the next presidential election, it is important to note the differences between the two candidates’ tax proposals as we look toward the next four years. As one may suspect, each Read the full article…
We are happy to announce the release of our newest quarterly magazine! The Sports & Entertainment Issue highlights some of the hot topics pertaining to sports & entertainment professionals such as tax issues for athletes, Loan-Out Corporations, Qualified Business Income Deduction, and more. What You’ll Find Inside this Issue: Game-Changing Tax Matters for Athletes By Read the full article…
Our Wealth Management Director Philip Clark, CFP®, recently joined the Pasadena Tournament of Roses® Association, which hosts the Rose Parade and Rose Bowl football game every New Year’s Day in Pasadena, California. As one of 66 new members the association welcomed this year, Phil will contribute to the planning of this century-old tradition. KROST’s Principal Read the full article…
