Notes for trust officers, private bankers and others concerned with estate and trust planning, from a Merrill Anderson Senior Editor and his retired mentor.
Monday, December 01, 2014
$116,273 Christmas Present
Illustration by Xavier Romero-Frias, via Wikimedia Commons
PNC has once again checked out the prices of gifts mentioned in "The Twelve Days of Christmas." This year, if you purchased each gift (one partridge, two turtle doves, etc.) each time it was mentioned in the song, you would have spent a total of $116,273.
Despite the Fed's effort to stoke inflation, that's only a 1.4 percent increase over last year.
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