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Frank Johnson | June 5, 2023 This article is reprinted with permission from Esq. Wealth Management, Inc. Comprehensive financial planning is a complex endeavor, and professionals such as lawyers and doctors are particularly susceptible to making mistakes in this domain.  The demanding nature of their careers, coupled with unique factors related to their professions, can…

In a significant ruling, on June 1, 2023, the United States Supreme Court has settled a long-standing dispute over the interpretation of a provision in the federal securities laws. The case, Pirani v. Slack Technologies, Inc., centered around the meaning of Section 11 of the Securities Act of 1933 (“the 1933 Act”) and its implications…

This article is reprinted with permission from Esq. Wealth Management, Inc. For the past several months, you could not open the financial news without seeing articles about the looming recession.  As economists and financial advisors anticipate a recession around the corner, and some claim it’s already here, investors are becoming increasingly wary of market volatility.…

             On March 17, 2023, the Honorable Victor Marrero, United States District Court Judge for the Southern District of New York, granted final approval of a shareholder derivative settlement which resolved consolidated shareholder litigation brought on behalf of nominal defendant Aterian, Inc. against certain of the company’s current and former directors and officers.               The consolidated…

Frank Johnson | May 1, 2023 This article is reprinted with permission from Esq. Wealth Management, Inc. It is common to examine “best practices” in order to pick up new behaviors, but today we’re going in the opposite direction. To borrow a quote attributed to Eleanor Roosevelt, “Learn from the mistakes of others. You can’t…

Frank Johnson | April 15, 2023 This article is reprinted with permission from Esq. Wealth Management, Inc. Investing is a critical aspect of wealth creation, and it’s essential to have a well-thought-out investment strategy to achieve your financial goals. When it comes to investing, there are two primary approaches: active investing and passive investing. Both…

Everyone knows the expression “More Money, More Problems.”  But you can add orders of magnitude to this proverb if you die with more money and less estate planning. As we have seen in the past with Howard Hughes’ dubious will materializing in odd locations, and more recently with the tragedy of Tony Hsieh, the wunderkind…

On Friday, March 10, 2023, Silicon Valley Bank (“SVB”)- a mainstay of the Silicon Valley startup and venture capital scene- collapsed and was put under the control of the Federal Deposit Insurance Corporation (“FDIC”). The sudden and stunning collapse of SVB is the largest banking failure in the U.S. since Washington Mutual collapsed in 2008…

Frank Johnson | March 15, 2023 This article is reprinted with permission from Esq. Wealth Management, Inc. Where you choose to live after retirement can have a big impact on both your finances and your quality of life. Years ago, I assumed I’d retire in San Diego, California, where I raised my children, where the…

Frank Johnson | March 3, 2023 This article is reprinted with permission from Esq. Wealth Management, Inc. A new rule passed into law by Congress at the end of 2022 as part of the SECURE Act 2.0 gives you the option to postpone the age at which you must start taking required minimum distributions (RMDs) from your…