Estate Planning

PTCs can benefit ultra-high-net-worth families, but it’s best to proceed cautiously

It’s almost a mantra of financial planning: Defer taxes on investments whenever you can, for as long as possible. The conventional wisdom is so ingrained that if you suggest clients accelerate taxes owed on 401(k)s and IRAs, you’ll...

Explaining the importance of estate planning

What you need to know

Using objects to actively transfer values and traditions between generations

A lasting tradition

Court finds property was acquired from “related person”

Trusts have gained enormous popularity over the last 20 years. The top 1 percent of the wealthy have 38 percent of their investment assets in trusts, and the next 4 percent have 43 percent of their investment assets in trusts.1 This powerful tren...

Life isn’t simple for individuals with international contacts

It remains an option for foreigners who meet certain requirements