ARTIFICIAL INTELLIGENCE IN INVESTMENT MANAGEMENT By Dr. Ash J. Hanna
With today’s super-fast computer systems delivering enormous data processing capacities, the compilation, sorting and archiving of staggering volumes of information became an easy task. This information is then utilized to create systems and develop models used in almost every aspect of our lives. From Medicine to geophysical climatic prediction to economic models, it appears to be almost no limit to what our advanced computing abilities can achieve. It seems obvious, then, that one would wonder: can this technology predict the capital market build models and suggest effective investment options? The answer is a resounding “YES!”
UNDERSTANDING CHARITABLE TRUSTS By Dr. Ash J. Hanna
Almost without exception, the ultra-rich in the United States donate substantial amounts of their wealth to charitable trusts or foundations that they control. Bill Gates’ estimated net worth is $77 billion, and his Charitable Trust is estimated to be worth at least $30 Billion. Facebook founder Mark Zuckerberg pledged $45 Billion of his estimated $71 Billion Net worth to his own charitable organization. Why do America’s most wealthy place such a significant amount of their wealth in charitable trusts and foundations? The answer is simple once you consider these facts:
If they did not give those funds to a charitable organization, they would pay more in taxes.
BENEFICIARY PROTECTION TRUST By Dr. Ash J. Hanna
Like most, you probably have a trust or a will to pass your assets to your children. Unfortunately, we live in the most litigious society in the world. Over 55% of our children will go through divorce, not counting bankruptcies, tax liens and other liability your children me facing or will face in the future. and lawsuits filed each year. You set up your trust or will to pass your assets to your children, not to their creditors. But, this is often not the case. Instead, your assets end up being TAKEN by their creditors BEFORE your children can receive them. It doesn’t have to be this way. A very simple yet very effective asset protection layer can be added to your estate plan that will insulate the assets of your estate so only your children will have access to it. This layer of asset protection is the Irrevocable Estate Protection Trust (IEPT). These trusts are a strong protective tool that have been used by high net worth families for a very long time. With the advancement of information technology, the use of these trusts are no longer limited to the very wealthy only as they are being more and more implemented by middle class families too.