Senate Democrats, who are united in support of higher income tax rates
for millionaires and billionaires, are paralyzed by disagreements on how
to tax the estates of the wealthiest Americans.
by Judith Schreiber Rowland
Death is a difficult subject for families to address, but there are tremendous advantages to planning ahead as a team.
by
Karen DeMasters
Advocates Trust Group LLC has created a division designed to provide
"a personalized, high-touch, comprehensive suite of trust services" for
the firm's clients.
Only a small percentage of clients have taken advantage of the individual $5 million gift-tax exemption, which is set to drop to $1 million in January 1.
by
Karen DeMasters
The ultra-high-net-worth populations in Europe and Asia are shifting and financial advisors need to be aware of the
causes and effects, according to a new study by Wealth-X.
by Richard Orlando
A carefully planned meeting is the best way for advisors to find out what matters most to members of a family.
by Timothy Lappen
Here are some of the key issues to consider when creating an estate plan for multiple generations.
by
Karen DeMasters
Tiger 21 has expanded its review of members' financial lives to include
estate planning, philanthropy, business evaluation and risk management.
by
Karen DeMasters
Among the very wealthy, those born after the baby boom
generation have more in common, in some ways, with those born before
the baby boomers, according to a new study.
by
Jim McConville
The ever-rising costs of college have prompted wealthy, retired
grandparents to kick in substantial sums of cash for their
grandchildren's tuitions and related expenses, according to a new study
The percentage of taxpayers reporting adjusted gross income
exceeding $200,000 who paid no U.S. income taxes increased in 2009 to
0.53 percent from 0.51 percent, according to the IRS.
Wealthy families are using asset-protection trusts, umbrella insurance and
holding assets through special corporations to protect themselves against lawsuits.
by
Karen DeMasters
The heads of ultra-high-net-worth families often have different views of
how money should be bequeathed than those who will inherit it,
according to a recent study.
by Ellie Winninghoff
Most families who own vineyards and timberland have made no plans for passing these land-based assets to future generations.
by
Karen DeMasters
Whether businesses that generate vast wealth are run by families or
unrelated individuals largely depends on their industry and where they are
located, according to a new study.
Implementing a "Buffett rule" to require a minimum 30 percent tax rate
for the highest U.S. earners would raise $31 billion over the next
decade, according to a government estimate.
It's just as important to manage the impact of wealth on family dynamics as it is to manage the actual wealth itself, according to experts.
by
Caren Chesler
Estate and inheritance issues can turn even the closest of siblings into mortal enemies.
by Stephen Liss and Evan Jehle
Hedge fund principals looking to start a private foundation have to contend with a unique set of regulatory issues.
The National Planning Corporation (NPC) has launched NPC Trust Services,
a program that provides a comprehensive suite of trust services to
current clients and future prospects, officials said.
