Regulation and Compliance issues for Wealth Professionals can be challenging to navigate especially when the SEC is involved. Catch the latest news and analysis on compliance updates that impact financial advisors.
What will happen with the estate tax after the election? I don't think much will happen in the lame duck Congress. We'll have to wait till next year and hope Congress can bring itself to a reasonable compromise. - Gideon Rothschild, Moses &...
Every country1 in the European Union (EU) has its own laws and traditions for inheritances. This presents a problem when someone dies with assets in more than one country, as the conflict of law rules (known as private international law) result in...
Planning for an existing foreign non-grantor trust that has one or more U.S. beneficiaries presents complex challenges for trustees and professional advisors. Merely understanding the relevant U.S. tax and reporting rules is daunting enough. But...
The death of the offshore asset protection trust has, by some, been greatly exaggerated.1 In recent years, attacks on a few such trusts under extreme circumstances have resulted in the incarceration of the debtor-settlor (settlor). But these...
Corporations were once considered the gold standard as the business structure for financial advisory practices, but that's been changing in recent years.
As we inch closer and closer to the end of the year, estate-planning professionals are keeping a close eye on what action Congress is taking (or not taking) to settle the 2011 estate tax. Once we know for sure, Trusts & Estates will provide...