Financial Planning Briefs

03.31.2020

The CARES Act

Washington DC Steps Up: The CARES Act

The CARES Act (Coronavirus Aid, Relief and Economic Stimulus) signed into law on March 27, 2020 represents a 3rd round of direct Federal assistance in the face of severe economic dislocation. The Act focuses on providing monetary and other financial relief to individuals and businesses and follows up on $8.3 billion of emergency medically related funding, as well as paid sick leave for individuals.  Several provisions warrant attention given their potential impact on individual and family financial plans.

What You Need to Know About The CARES Act

Our Recommendations

These and a flurry of other new Federal regulations risk creating confusion.  Appleton is here to help, and we invite you to reach out to your portfolio manager to discuss how you can benefit.

How can we help you?  Please contact:
Jim O’Neil, Managing Director, 617-338-0700 x775
[email protected]
www.www.appletonpartners.com

This commentary reflects the opinions of Appleton Partners based on information that we believe to be reliable. It is intended for informational purposes only, and not to suggest any specific performance or results, nor should it be considered investment, financial, tax or other professional advice. It is not an offer or solicitation. Views regarding the economy, securities markets or other specialized areas, like all predictors of future events, cannot be guaranteed to be accurate and may result in economic loss to the investor. While the Adviser believes the outside data sources cited to be credible, it has not independently verified the correctness of any of their inputs or calculations and, therefore, does not warranty the accuracy of any third-party sources or information.  Specific securities identified and described may or may not be held in portfolios managed by the Adviser and do not represent all of the securities purchased, sold, or recommended for advisory clients. The reader should not assume that investments in the securities identified and discussed are, were or will be profitable. Any securities identified were selected for illustrative purposes only, as a vehicle for demonstrating investment analysis and decision making. Investment process, strategies, philosophies, allocations, performance composition, target characteristics and other parameters are current as of the date indicated and are subject to change without prior notice. Registration with the SEC should not be construed as an endorsement or an indicator of investment skill acumen or experience. Investments in securities are not insured, protected or guaranteed and may result in loss of income and/or principal.
"Are you or a family member the operator or manager of a Limited Liability Corporation (“LLC”), or a general partner of a Limited Partnership (“LP”)? Have you ever created an LLC to hold real estate or other investment assets? If so, new, more stringent reporting requirements brought on by the Corporate Transparency Act warrant attention..."
"As we begin a new year, a few changes to 2023 retirement account contribution limits are noteworthy. An overview of these changes follows, although consultation with your Portfolio Manager or a tax professional is recommended before considering what options are right for you."
"Appleton has always believed that achieving a client’s unique investment objectives demands active collaboration and a willingness to customize portfolios."