PlanoEstate Planner.

HOME

May 13, 2008

Selecting a financial planner for your financing is a very important decision. Please enter your information below to locate a qualified financial planner in your area

Zip Code:

Estate Planning News

CalPERS Adopts New Asset Allocation Mix

Equalizes U.S., International Stocks; Hikes Private Equity, Real Estate

SACRAMENTO, CA – The California Public Employees’ Retirement System Board of Administration adopted a new investment asset allocation for its $250 billion portfolio to deliver optimum risk-adjusted investment returns over the next three years.

CalPERS will continue to target two thirds or 66 percent of its portfolio to public and private equities combined. Fixed income and inflation-linked assets combined will be 24 percent. Real Estate asset allocation will be 10 percent.

Global publicly-traded stocks, which were 60 percent of the total portfolio, will move downward to 56 percent and will be evenly split between U.S. stocks and international stocks. Private equity, which was 6 percent, will gain assets as it moves to 10 percent, offsetting the decrease in publicly-traded equities. Similarly, Fixed Income’s target will decrease from 26 percent to 19 percent; the new inflation linked assets will have a 5 percent allocation. Real estate’s 10 percent allocation is a 2 percent increase over the previous allocation of 8 percent.

“We have achieved strong results for the last four years, but that is not a guarantee that we would be as successful with the existing allocation,” said Rob Feckner, CalPERS Board President. “This new asset allocation – with its emphasis on international stocks, venture capital, commodities, real estate and infrastructure – is the right mix to help us provide for our retirees and minimize the need for taxpayer dollars.” Historically, 75 cents of every dollar for retirement benefits comes from investment earnings.

CalPERS investment officers will use the targets to deploy capital over the next two to three years, when the Board tentatively is scheduled to again review and revise the allocation mix, based on dynamic market trends.

For the rest of this article please feel free to visit www.calpers.ca.gov.

Contact our Plano estate planning attorney now.

Did You Know?

A "Family Limited Partnership" can be used to own and manage your property
In a similar manner to a Trust, but allowing additional tax planning techniques to be employed. Family Limited Partnerships are typically used for those who have large estates and thus have a need for specialized estate planning in order to minimize federal and state estate/death/inheritance taxes as well as provide elements of asset protection.

	Newsroom
	Latest news about Financial & Estate Planning in Plano and nationwide: More Estate Planning News >

Estate Planning Terms

Today's Terms

Domicile

Definition:
A person's permanent legal residence. While a person may have more than one residence, he or she can have only one domicile. Typically, the domicile is the same place you use for purposes of voter registration.

Inheritance Tax

Definition:
A tax imposed by the state at the time of a person's death that is based upon the total value of the decedent's estate

Devise

Definition:
A gift made by a will or a trust. A devise is made to a beneficiary under the terms of the will or trust.

More Estate Planning Terms >

Estate Planning Resources

Search Estate Planning resources in our resource center:

More Resources >

Estate Planning Hot Topics

Topics Related to Estate Planning:

Trusts
Wills
Uniform Probate Code
Gift Tax

Plano Estate-Planning Attorney

If you live in the following cities and need an Estate-Planning attorney you should contact our Estate-Planning Attorney as soon as possible:

Alvin
Amarillo
Arlington
Austin
Baytown
Brownsville
Burleson
Carrollton
College Station
Cypress
Dallas
Del Rio
Desoto
Eagle Pass
Edinburg
El Paso
Flower Mound
Fort Worth
Friendswood
Garland
Grand Prairie
Grapevine
Harlingen
Houston
Irving

Katy
Laredo
League City
Lewisville
Mcallen
Mesquite
Mission
New Braunfels
North Richland Hills
Palestine
Pasadena
Pharr
Plano
Richardson
Richmond
Round Rock
San Antonio
San Benito
San Marcos
Seguin
Spring
Sugar Land
Victoria
Weslaco

Legal Disclaimers
All attorney listings are a paid attorney advertisement, and do not in any way constitute a referral or endorsement by an approved or authorized lawyer referral service. The information provided on Plano Estate Planner.com is not intended to be legal advice, but merely conveys general information related to legal issues commonly encountered. Your access to and use of this website is subject to additional Terms and Conditions.