One legal case ended and another abruptly opened in the tawdry saga over the ailing media mogul and his $42 billion empire.
The case will spotlight Redstone’s fraught relations with his family and the millions he’s lavished on women around him.
The fate of the singer's estate, which includes a treasure trove of unpublished music, remains a mystery.
Wealthy families say financial decisions strengthen their relationships..
A Merrill Lynch wealth management advisor is using trusts to help wealthy clients address their healthcare needs.
The CEO drew criticism for making potentially life or death decisions about his company’s largest shareholder.
A restructuring advisor for the casino had an affair with an opposing lawyer.
More gun owners are expected to create legal trusts for their firearms with tougher regulations coming in July.
Because of recent tax code changes, bypass trusts could end up triggering large tax hikes for clients.
A sibling rivalry between Pablo Picasso’s grandchildren has sparked an international legal drama.
Endowments and foundations must do more to determine when alternative investments are appropriate, says Mercer.
Hillary Clinton is among the wealthy taxpayers who have made use of estate-planning "loopholes."
Hillary Clinton will call for taxing more estates —and raising the rate at which they’re taxed.
For clients looking for advice about the disposition of their wealth, establishing an endowment may be a fulfilling solution.
Saving more money for retirement is a frequent New Year’s resolution for people of all economic levels, and a large portion of millionaires are pledging to do just that in 2016, according to a new...
The court refused to lift an asset freeze against relatives of Texas entrepreneur Sam Wyly, who along with his late brother's estate, faces a nearly $300 million judgment in a lawsuit by the SEC.
Billionaire Sumner Redstone’s former girlfriend and caretaker is seeking a new hearing in her lawsuit to be restored as health-care agent for the 92-year-old mogul who controls both CBS Corp...
Mark Zuckerberg and his wife pledged to give away virtually all of their $46 billion in Facebook shares, setting a new philanthropic benchmark.
The son and two daughters of 95-year-old Anne Beau Cox Chambers are among the world’s 400 richest people after she distributed her stake in closely held Cox Enterprises to her heirs.
The widow of Texas billionaire Charles Wyly told a judge the IRS wrongly accused her of a “sinister” tax- avoidance plot to bolster the agency’s $1.2 billion claim in her bankruptcy case.