Posts Tagged ‘trust’

Is this a good time to transfer your wealth to your children?

With the interest rates at a really low rate, and with the economic fallout from the present economy, even people with money do not feel flush now and may decide that they do not want to make gifts to the next generation. Even though the economy has been in recession many times before and has [...]

Coumo’s “austere” inauguration sets new tone in Albany

Matthew Borghese – AHN News Contributor Albany, NY, United States (AHN) – New York Gov. Andrew Cuomo was sworn into office on Saturday in an admittedly “austere” ceremony as he vowed to change the way politics works in Albany by putting policy ahead of parties. “This is an austere setting,” Cuomo told the crowd. “And [...]

Fitch Downgrades Bear Stearns Commercial Mortgage Securities Trust 2006-TOP22

NEW YORK–(BUSINESS WIRE)–Fitch Ratings has downgraded 12 classes of Bear Stearns Commercial Mortgage Securities Trust, series 2006-TOP22 commercial mortgage pass-through certificates, due to further deterioration of loan performance. A complete list of ratings follows at the end of the release. While projected losses on loans in special servicing remained fairly consistent relative to the previous [...]

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