Want to know what clients really want? It's more financial education for themselves and all their family members. This past June, wealth owners from four countries gathered at the University of Chicago Graduate School of Business, paying close...
Asset protection grows ever more popular and permanent. After spending over six years in prison for civil contempt, Stephen Jay Lawrence is a free man once again. In the statement releasing Lawrence from prison, Judge Alan Gold for the U.S...
We all know what a lousy third-quarter Merrill Lynch had it reported the worst loss in its 93-year history (a $2.3 billion net loss along with a staggering $8.4 billion in bond write-downs). As a result, CEO Stan O'Neal was forced into retirement...
One would think a client's collection of 50 cars, let alone 50 Corvettes, would be hard for a team of financial advisors and estate planners to ignore.
Financial Advisors may discuss charitable giving with clients for the same reason that most people choose to give in the first place: It's the right thing to do. But you can use that discussion to clean up your client's portfolio and simplify your...
Some advisors say they feel unprepared and uncomfortable talking about charitable giving with clients. But those with experience say it’s both easy and rewarding.
Many users of the popular tenant-in-common (TIC) investment vehicle in commercial real estate are hoping they have the stamina to withstand a double blow
A partial interest in property left by a decedent to a surviving spouse, such as an income interest, can lead to a credit for tax on prior transfer (CTPT) in the estate of the surviving spouse. Understanding the role that partial interests play in...
During Leona Helmsley's lifetime, the real estate mogul and hotel magnate was reviled for allegedly saying only the little people pay taxes, then going to jail for failing to do so, much to the glee of the New York tabloids. After Leona's death...
