Almost a third of the world’s millionaires will be in emerging markets by 2028, according to the Global Wealth Report 2024, as the millionaire population increases in nearly every country.

The agency shifts its focus to a wider income range.

Rev. Proc. 2024-22 relates to organizational requirements and exempt purposes.

It can be a “financial helping hand” and a great way to test-drive how well the adult kids will handle their inheritance when the time comes.

James agreed to a two-year, $104 million deal with the Los Angeles Lakers, putting his net worth at almost $1.5 billion.

His two daughters accuse their brother of mishandling their late father’s assets

Without proper guidance, this client group can miss opportunities.

Family offices can be strong predictors of future trends because of their uniquely long-term outlook.

Understand the risks to privacy, confidentiality and fiduciary responsibility and do your best to mitigate them.

Notice 2024-55 clarifies two exceptions to the 10% additional tax.