Tax aware investing institutional reports indicate "tax

Institutional reports indicate "tax aware investing" contributed to resilient equity positions during April’s volatility, with municipal bonds offering tax-exempt yields of 3.6%, outperforming taxable equivalents. Equity investors are eyeing growth stocks while applying year-end deferral tactics. This is especially relevant for those rethinking strategic asset allocation. As portfolios shift from traditional 60/40 models to more income-focused mixes, munis are becoming a core building block. All of those are going to be subject to what's basically a 5.4% we're calling it a haircut. Those are the things that I'm spending most of my time talking to clients about, and especially on the first two items, which Adam alluded to, what to do about them. Obviously, be prepared to do more gifting in anticipation of the increase in the exclusion amounts. And secondly, front loading charitable giving so that you can avoid that 0.5% floor on giving. Asset managers emphasize that "tax aware investing" is impacting quarterly rebalancing schedules. Timing asset sales around ex-dividend dates in utilities has cut tax liabilities while maintaining portfolio yield stability at 3.8%.