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Insurance

How The Wealthy Use Private Annuities To Defer Investment Taxes

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Private placement variable annuities are suitable deferral solutions for wealthy clients, advisors say.

Richest Americans Use GRATs To Avoid Estate Tax, ProPublica Reports

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Laurene Powell Jobs used GRATS to give $500 million to family and friends, the report said.

Ray Dalio Donates $50 Million To Fight Health-Care Injustice

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The Dalio Center for Health Justice will focus on reducing differences in access to quality health care.

Franklin Fires Staffer The Day After Park Video Goes Viral

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The woman, the firm’s head of insurance investment, called police after a black man asked her to leash her dog.

Electric Cars Are About To Start Rolling Out Of The Arizona Desert

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Lucid Motors expects to start car production by year-end.

NYC's Billionaires' Row Is The Planned Site For A '5-Star' Drug Rehab

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The for-profit center would treat clients ages 13 to 26 for opioid, cocaine or alcohol addictions.

America's Great Climate Exodus Is Starting In The Florida Keys

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By the end of the century, 13 million Americans will need to move just because of rising sea levels.

Russ Prince: Why 10% Of Life Insurers Have A Lock On UHNW Market

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Exceptional life insurance producers are very similar in their approaches.

Russ Prince: Why Life Insurance Agents Are Becoming Wealth Managers

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Life insurance agents understand the complex aspects of multigenerational wealth.

Uber's Bosses Have Big Payouts Riding On $120 Billion Target

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Five executives have equity rewards that vest when the company reaches that threshold.

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