Lawyers and Advisers Agree: White-Knuckle the Falling Stock Market This Year - McDermott Will & Emery

Lawyers and Advisers Agree: White-Knuckle the Falling Stock Market This Year

Overview


Bobbi Bierhals commented with regard to the financial strategies lawyers use in retirement planning, “We’re lawyers, so I’m not sure we’re really good market-timers.” Ms. Bierhals recommended that lawyers advantage of dips in the market using such strategies as estate planning and retirement plan conversions that capitalize on an investor’s ability to pay taxes when a retirement fund has less value.