Wall Street: zero. Women: five. Or is it six? It’s not easy keeping track of the gender discrimination suits filed by female advisors against their firms over allegedly piggish working environments. (Well, wait, it’s not always women...
Screen of the Week: Kevin Matras of Zacks looks at how to find winning stocks in the winningest Sectors. Then he shows how to find more of them! Plus, get 5 top picks from some of the top Sectors.
Many estate-planning attorneys have used total return trusts to cope with falling yields in an effort to balance the income beneficiary's need for income against the remaindermen's need for growth. In a low interest rate environment...
A dynasty trust can offer significant benefits, but achieving these benefits is not simple. Crafting a well-constructed dynasty trust requires the planner to clear hurdles presented by various provisions of tax and trust law, including not only...
As a practicing trusts-and-estates attorney, I approached a book with a plot about an unusual bequest in a last will and testament and whose narrator was an 80-year-old lawyer with great anticipation. Jim Stovall's short (154 page) novel, The...
The Internal Revenue Code and regulations allow a beneficiary of a pension plan to stretch out required minimum distributions (RMDs) over her life expectancy. This is an important tax benefit, because the beneficiary is taxed only on payments as...
One of the most vexing issues in the federal income taxation of trusts over the last 15 years has been questions about the correct treatment of Internal Revenue Code Section 212 expenses.1 Are such expenses fully deductible in arriving at a trust...
It's been a stable of estate planning for many years to have an irrevocable life insurance trust own life insurance. But advisors are careful to warn clients that if they transfer an existing policy to such a trust and die within three years of...
In the land of RIA custodians, Charles Schwab is king. Last year the online-broker-turned-advice-provider extended an already massive lead over rivals Fidelity and TD Ameritrade in RIA asset gathering. Is there no challenger to Schwab's throne...
