In 2006, courts spoke to two important issues in trust administration. The Dumont case was overturned,1 providing a brief respite for trustees that own large stock concentrations. And Rudkin was affirmed,2 seeming to confirm that, at least in the...
Asset protection is at the core of many elder law practices. Rising healthcare costs and the harrowing cost of long-term care are a growing concern even for the wealthy. Even great family fortunes can be compromised by unforeseen medical expenses...
There's constant change and improvements in software and web services for the trusts-and-estates practice. Keeping current requires some effort. To make it easier, we offer this quick guide. Also, the monthly Trusts & Estates Technology Review...
In the securities business, the word connotes a smallish brokerage, dispensing simple, up-the-gut advice to their aw-shucks clientele, the kind of folks who live in small cities and rural communities in, say, the Midwest. And we all know the...
January is a month for making resolutions in all areas of your life. Make one now to take a realistic assessment of your current career situation to evaluate where you are today against where you'd like to be longer term. Here are two questions...
After Eliot Spitzer discovered the fund market-timing scandals in 2003, regulators searched for a solution. One approach proposed by the SEC was to boost redemption fees, socking speculators with extra costs for their short-term trades. But...
It was a fine year for brokerage firms—especially their stocks. No one came up bigger than Goldman Sachs and Morgan Stanley in terms of percentage gains.
Growing up on a dairy farm in Owen, Wis., Mark Schley always dreamed of running his own cattle ranch. He envisioned sprawling land, a barn and a rustic home for his family. His wife Susan had also been raised on a farm and shared his dream. It was...
