For years, practitioners have employed the estate-planning strategy known as sale to a grantor trust.1 Yet there's still substantial uncertainty and debate about one critical aspect: the detrimental income tax consequences that can result when a...
Carolyn DeVore of Pullman & Comley, LLC, in Westport, Conn., reports: The United States and France ratified significant protocols to their income tax and estate tax treaties on Dec. 21, 2006. The income tax protocol allows a U.S. citizen working...
Estate planning for New Jersey's more than 22,0001 same-sex couples has undergone several seismic changes for the better since 2004. First, the state legislature passed the Domestic Partnership Act of 2004, providing them with limited recognition...
Sam Beemer had asked his two sons to come to a family business meeting. Having just celebrated his 70th birthday, he was feeling his mortality.1 And he'd been thinking about how to transition the family business interests worth $100 million. Sam...
If you work in a wirehouse or regional brokerage, you may have attended a lot more going-away parties in 2006. Across the industry, there was a migration of financial advisors to the independent RIA channel
Technology companies raised $19.1 billion in global financing last year. And 37 tech-industry IPOs raised $4.5 billion lagging only the oil and gas and finance industries.
If you come to a fork in the road, take it. Laugh at Yogi Berra's (intentional) malapropism. But the intended observation if a new path opens up to you, follow it is true enough.
Merrill Lynch has announced that it will offer fat bonuses for increased production from either fees or commissions in 2007. But, only certain brokers are eligible
