Author: Rick Hill
Hill Investment Group quoted in the St. Louis Post-Dispatch: “If timing is everything, Brito’s nailed it — so far” by David Nicklaus. (Link to article no longer available)
Rick Hill featured in the St. Louis Post-Dispatch: Close Up by Deb Peterson.
I understand you have a somewhat unique strategy regarding investing. Can you explain it simply?
I believe in passive investment, which is the type of investing the brewery began practicing in the 1980s, and which is why many of the A-B employees are comfortable investing with us. It’s what they were used to.
What is passive investing?
Basically, it’s don’t try to beat the markets. Historically, markets are efficient and if you make good diversified investments and hang on to them, you will make money.
Preparing to transfer your assets is an important task. As you know, dividing your assets between you and your spouse/partner is an important step in the estate planning process if you are to obtain the maximum probate avoidance and estate tax savings from your Trusts.
There are numerous factors you should consider when dividing your assets between your respective Trusts, including income tax issues, balancing the Trusts for income and estate tax purposes, as well as for creditor protection and effective division of your assets in the event of a subsequent divorce or separation.
Under the current law, each of you can transfer up to Read More
Estate Planning Reminder
Under current law, each of you can transfer up to $2,000,000 in assets free of estate taxes at death (reduced by any taxable gifts made during your lifetimes). This amount will be changing over the next few years as follows:
2007 and 2008 — $2,000,000
2009 — $3,500,000
2010 — repeal for one year
2011 — $1,000,000
Generally, we suggest equalizing the ownership of your assets between your two trusts so that, if possible, each of your Trusts will own a minimum of $2,000,000 in assets at your death (based on the current law). This will enable each of you to take advantage of the $2,000,000 tax exempt amount, regardless of which of you may be the first to die. In Community Property states assets are considered split between spouses, and therefore, one trust may only be needed.
Although it is not possible to change the ownership of IRAs and retirement plans, it is generally preferable to name one’s spouse as the primary beneficiary and then to name one’s Trust as contingent beneficiary. This can be done through beneficiary designation forms that we provide.