A hedge fund allocation can provide diversification benefits to stock/bond portfolios. But you have to be highly selective.
Bad rap. Crazy talk. Urban myth. That is how this author would classify most of the things said about Subtitle B, Chapter 13 of the IRC, also known as the generation-skipping transfer (GST) tax (also referred to as “Chapter 13” in this article). Forty-plus years following the GST tax’s introduction into the Code, the hits still keep coming. This piece explores several false assumptions made about the GST tax.