Centara News & Features
Published quarterly exclusively for clients and friends of Centara Capital Management Group, Inc., and Centara Legal Group, APC, this e-newsletter updates readers on the latest news in portfolio management, estate planning, and tax planning strategies.

Market Update
What a month it was for equity markets - and I don't mean that in a good way. The DJIA suffered its worst June since 1930 dropping a hefty 10.4%. The S&P 500 lost 8.6% and the NASDAQ gave up 9.1%. After two positive months in a row, stocks retreated across the board with financial stocks leading the way down.

Opportunities for Commercial Property Owners
EquityKey™ real estate option is a debt-free program for property owners between the ages of 65 and 85. Rather than incurring debt and risking the equity you have worked so hard to build, you have the opportunity to receive debt-free money today.

Zero Capital Gains Rate in 2008 - But It's Not For Everyone
There may be a small window of opportunity for some individuals in the lowest two tax brackets. From 2008 through 2010 there will be zero tax on long-term capital gains for those who fall into the 10 percent or 15 percent tax brackets.

Now is Not the Time to Panic
Oil is over $140 a barrel. The housing market continues to show few signs of hitting bottom. The credit market is looking at higher rates to curb inflation, and second quarter earnings for Wall Street are expected to be weak, especially for financials. What else lies in the wings waiting to sidetrack your long term investment plan?

Estate Tax 101
As an estate planning attorney for Centara Legal Group, I am asked almost daily to explain the complexities of estate and gift taxes. The rules are difficult, convoluted, and ever-changing; which makes it challenging to explain and even more so to comprehend.