Distressed Debt is starting to make a lot of noise in the alternative investment arena, and with everyone jumping on the boat it might be ready to tip. I have seen numerous announcements of new distressed debt funds and I think we will keep seeing more down the line. Here are questions you should be … Read more
Your heart pounds and you stop breathing for a second. You’re mad. You’re afraid. And you’re asking one question, “Why me?” After that moment passes, you’ve got to act quick. And that’s when you realize you’re in one of two spots: (1) You’re ready, or (2) You’re a target. I’m going to talk about the … Read more
The most successful investors know that it is best to allocate investment across several asset classes whose returns are not completely correlated with each other. Most of them have assets in cash, equities (stocks), debt instruments (bonds) and real estate. The latter asset class, real estate, is frequently under-represented in investors’ portfolios, but real estate … Read more
A series of earthquakes on the island of Kefalonia in 1953 totally destroyed the majority of the buildings with only a small area at the northern most point escaping the devastation. As a result, an estimated 100,000 people left the island seeking a new life elsewhere. Following the major earthquake of 1953 property development on … Read more
Grantor. The grantor is the creator of the trust and the person who is eligible to make gifts to the trust. You may serve as the grantor of your own trust, or you may ask a parent or another relative to establish the trust for your benefit.Trustees. The trustees control the trust and make decisions about … Read more