Individual Wealth

The lawsuit between the Haslam family and Warren Buffett's Berskshire Hathaway hinges on obscure accounting rules the family claims could cost them more than $1 billion.

The latest data shows the number of millionaire households in New York City has swelled, thanks in large part to 2021’s blockbuster year for financial markets.

A Supreme Court case about unrealized capital gains has implications for Biden’s proposed tax on the very wealthy.

Suspicious conditions lead to claims of undue influence.

Ten-figure fortunes come mainly from inheritance, not from hard work. But if heirs don’t know how to make money, are they good stewards of family riches?

They could expand the number of accounts that qualify as DAFs and the pool of persons subject to applicable excise taxes.

Federal court finds foreign tax credit can offset net investment income tax.

Some non-community property states are allowing individuals and families to “opt-in,” providing significant income tax benefits.

Pay close attention to the upcoming U.S. Supreme Court decision.

The firm has been running a Reg D offering involving senior secured bridge real estate loans for the past eight years. Earlier this year, it decided to switch to an interval fund structure.