Money Matters

January 1, 2017
PHOTO: FOTOLIA
There’s a good reason for that stack of papers on your desk at home, or the rubber-banded bundle in your safe-deposit box. You know you’re supposed to hold onto certain financial, insurance, and government documents in case you’ll need them later on, but you’re not entirely sure which ones to keep, or for how long.
October 31, 2016
PHOTO: FOTOLIA
You undoubtedly already know that the fourth quarter is a good time to review your tax planning and that a key strategy involves accelerating deductions to the current year and pushing income into the following one. Here are some tips for how to do that, along with some other factors you should consider as 2016 winds down.
September 11, 2016
You probably receive periodic requests to vote your shares in the companies in which you own stock. And if you’re like most individual shareholders, you won’t exercise this right.
June 19, 2016
Illustration: John T. Lewis
When looking after your home and the people who work in it gets to be too much, hire a house manager. When you can no longer keep track of all your house managers, you may need an estate manager.
June 12, 2016
Three Chinese orphans from remote cities were the first to benefit from Angel Jet Network’s free flights using donated private jets.
Angel Jet Network (AJN), a Hong Kong-based charity providing transportation to medical care for underprivileged patients across the Asia-Pacific region, made its first flights last September. The flights carried orphans from the Chunhui Children’s Foundation to Chinese hospitals, where they were due to have major surgery.
May 22, 2016
EvoLux founder Ray Leavitt says he wants to make it easier for you to book a helicopter seat. He has created computerized platforms that let you either reserve the entire helicopter or open up a helicopter you’ve booked to friends or the general public to cut your costs. Leavitt claims to have 200 helicopters enrolled in the system in major metropolitan areas, including New York, Chicago, Los Angeles, Atlanta, Las Vegas, and Miami. His goal is to get enough helicopters and passengers in the sky to bring down the cost for both.
May 13, 2016
New York Fire Department deputy chief Joseph Curry  at the World Trade Center. PHOTO: PRESTON KERES
BJT readers—who represent one of the highest-net-worth magazine audiences anywhere—clearly have the means to contribute to a better world. To help you do that, we’re spotlighting deserving organizations in every issue.
May 1, 2016
This Westport, Connecticut home rents for up to $15,000 a month while the owners live on their sailboat.
While executive recruiter Lori Greenberg and her husband were on vacation in Ecuador and the Hamptons, strangers were in their four-bedroom townhouse in upscale Park Slope, Brooklyn.
March 15, 2016
What happens to your airplane’s value when a major fractional program starts liquidating its fleet of the same model? 
March 8, 2016
The World Bank describes the living conditions of families who come to Cambodian Children’s Fund for support as “absolute poverty.” Hollywood executive Scott Neeson founded the group in 2004 after he witnessed children scavenging at a burning garbage dump near Phnom Penh. He subsequently resigned from his job to devote himself to CCF, whose multi-tiered and comprehensive program focuses on six core areas: education, leadership, community outreach, healthcare, childcare, and vocational training.

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Quote/Unquote

“I have an obligation to get you to your destination. You have an obligation to pay. What else is there? We don't need 24 pages of legalese.”

-VistaJet founder and chairman Thomas Flohr, on the company's unusually brief, easy-to-understand contracts