Lawrence Hughes, head of Bank of New York Mellon's wealth-management division, foresees nearly unprecedented
hardship for the private-client industry over the next 10 years.
South Dakota is trying to tighten the reins on its growing business in trusts without stopping that growth.
Among the details that Congress must now resolve in its push for broad
financial reform is one of special interest to many of the country's
richest families.
by Earl E. Watson III and D. Sean McDade
When marriages end, sometimes it takes more than a prenuptial agreement to keep assets in the family.
by Rebecca Korach Woan
Establishing the true ownership of an artwork can be a daunting task, but necessary to guard your client against financial and legal risks.
Some ultra-rich families worry that proposed financial reforms
could oblige them to close their single-family offices due to high
compliance costs and diminished privacy.
by
Dorothy Hinchcliff
Advisors to ultra-wealthy families are preparing their clients for a
protracted climb out of the nastiest, and possibly the longest, economic
downturn since the 1930s.
by Jan Alexander
Sometimes, the goal of a succession plan is to keep the children away from the family enterprise.
by Seth J. Entin and Barbara T. Kaplan
Now that the deadline has passed on an IRS partial amnesty program, offshore account holders still have options for making disclosures.
by Andrea S. Kramer and Thomas P. Ward
Victims of Ponzi schemes and other types of fraud can, with proper use of tax law, recover some of their losses.
by Heinrich Weber
Acting as a private baneker for high-net worth client requires a strong foundation of trust.
by Troy Onink
A well-crafted tax planning strategy can significantly cut down on the college costs of affluent clients.
by Caren Chesler
Falling asset values and income are pushing wealthy clients over the edge when it comes to filing for divorce
by Alan Kufeld, Richard J. Flynn, Frank W. Seneco
New tax laws have made qualified retirement plans potentially more attractive to wealthy business owners...
by Barbara T. Kaplan
The IRS is offering limited amnesty to secret foreign account holders, but for only a short time.
Barbara T. Kaplan
View all articles by Barbara T...
by Caren Chesler
Educational consultants can help the children of wealthy families find the best fit for college.
Caren Chesler
View all articles by Caren Chesler
by Mitch Gitter
Even good gut instincts aren't enough to see through an experienced fraudster...
by Joseph Weiss
Property and casualty insurance is often neglected by wealth managers and their clients.
Joseph Weiss
View all articles by Joseph Weiss
by Edward A. Renn
Family offices are well suited for administering family limited partnerships.
by Michael Brier
A newer form of business ownership may offer your clients substantial benefits.
Michael Brier
View all articles by Michael Brier
